Absence of Conflicts. Neither the execution and delivery of this Agreement, the Note or the other Loan Documents nor consummation of the transactions herein or therein contemplated nor performance of or compliance with the terms and conditions hereof or thereof will # violate any law, # conflict with or result in a breach of or a default under any agreement or instrument to which ​ is a party or by which either of them or any of their properties (now owned or hereafter acquired) may be subject or bound or # result in the creation or imposition of any lien, charge, security interest or encumbrance upon any property (now owned or hereafter acquired) of ​.

No Conflict. The execution, delivery and performance by the execution​ of, and delivery of this Agreement, the Note orconsummation by the other Loan Documents nor consummation​ of the transactions hereincontemplated by, this Agreement and the Trust Agreement do not and will not # violate or therein contemplated nor performance of or complianceconflict with the terms and conditions hereof or thereof will # violate any law,organizational documents of the ​, # conflict with or violate any Law or Permit of any Governmental Entity applicable to the ​ or by which it or its properties or assets is bound or subject, or # result in aany breach ofof, or constitute a default under(or event which, with the giving of notice or lapse of time, or both, would become a default) under, or give to any agreementPerson any rights of termination, acceleration or instrumentcancellation of, any agreement, lease, note, bond, loan or credit agreement, mortgage, indenture or other instrument, obligation or contract of any kind to which the ​ or any of its subsidiaries is a party or by which eitherthe ​ or any of themits subsidiaries or any of their respective properties (now owned or hereafter acquired) may be subject orassets is bound or # resultaffected, except, in the creationcase of [clauses (ii) and (iii)])])], any such conflicts, violations, breaches, loss of contractual benefits, defaults or imposition of any lien, charge, security interestrights that, individually or encumbrance upon any property (now owned or hereafter acquired) of ​.in the aggregate, do not have, and would not reasonably be

No Conflicts. NeitherNot the execution and delivery of this Agreement, the Noteother Warehouse Documents to which ​ is a party, or any other documents to be executed in connection herewith, nor the other Loan Documents nor consummation of any of the transactions herein or therein contemplatedcontemplated, nor performance of or compliance with the terms and conditionsprovisions hereof or thereofwith the terms and provisions thereof, will # violate any law, #contravene or materially conflict with any applicable Law, or result in a breachany loan agreement, lease, promissory note, indenture, mortgage, deed of trust, or a default under anyother agreement or instrument to which A" data-ad-field-type="b" data-ad-field-json='{"name":"Organization A","type":"b","canGuess":{"name":false,"type":false}}'>​ is a party or by which either of them​ or any of their properties (now owned or hereafter acquired)its Property may be subject or bound or # result inbe subject, or violate any provision of the creationdocuments creating or imposition of any lien, charge, security interest or encumbrance upon any property (now owned or hereafter acquired) ofgoverning A" data-ad-field-type="b" data-ad-field-json='{"name":"Organization A","type":"b","canGuess":{"name":false,"type":false}}'>​.

Conflicts. Neither the executionThe execution, delivery, and delivery of this Agreement, the Note or the other Loan Documents nor consummation of the transactions herein or therein contemplated nor performance of or compliance with the terms and conditions hereof or thereofby this Agreement will not # violate any law, #violate, conflict with or result in athe breach of or termination of, or otherwise give any other contracting party the right to terminate, or constitute a default (by way of substitution, novation or otherwise) under the terms of, any agreement or instrumentcontract to which ​the Noteholder is a party or by which either of themthe Noteholder is bound or by which any of their properties (now ownedthe assets of the Noteholder is bound or hereafter acquired) may be subjectaffected, # violate any judgment against, or boundbinding upon, the Noteholder or upon the assets of the Noteholder, or # result in the creation or imposition of any lien, charge, security interestcharge or encumbrance upon any property (now owned or hereafter acquired)assets of ​.the Noteholder pursuant to the terms of any such contract.

No Conflicts. Neither the executionThe execution, delivery and deliveryperformance of this Agreement, the Note orAgreement and the other Loan Documents nor consummation of the transactions herein or therein contemplated nor performance of or compliance with the terms and conditions hereof or thereofby ​ will # violate any law, #not conflict with or result in a breach of any of the terms or provisions of, or constitute a default under any agreementunder, or instrument to which ​ is a party or by which either of them or any of their properties (now owned or hereafter acquired) may be subject or bound or # result in the creation or imposition of any lien, charge, security interestLien, charge or encumbrance (other than pursuant to the Loan Documents) upon any of the property (now owned or hereafter acquired)assets of ​.​ or any SPE Party, or any member, partner or stockholder of ​ or any SPE Party, pursuant to the terms of any indenture, mortgage, deed of trust, loan agreement, partnership agreement, management agreement or other agreement or instrument to which any such Person is a party or by which any of its property or assets is subject, nor will such action result in any violation of the provisions of any statute or any order, rule or regulation of any Governmental Authority having jurisdiction over ​ or any of ​’s properties or assets. Any consent, approval, authorization, order, registration or qualification of or with any such Governmental Authority required for the execution, delivery and performance by ​ of this Agreement or any other Loan Documents has been obtained and is in full force and effect.

SECTION # Absence of Defaults and Conflicts. NeitherThe execution, delivery and performance of the execution and delivery of this Agreement, the Note or the other Loan Documents norby the Borrower and each of the Loan Parties, as applicable, compliance by the Borrower and each of the Loan Parties with all provisions hereof and thereof and the consummation of the transactions herein or therein contemplated nor performance of or compliance with the termshereby and conditions hereof or thereofthereby will # violate any law, #not conflict with or result inconstitute a breach of any of the terms or a default under any agreementprovisions of the charter, by-laws or instrument to which ​ is a party or by which eitherother organizational documents of themthe Borrower or any of their properties (now owned or hereafter acquired) may be subject or bound or # result in the creation or imposition of any lien, charge, security interest or encumbrance upon any property (now owned or hereafter acquired) of ​.other Loan Party.