Compliance with Governmental Requirements. Comply in all material respects with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the use or occupancy of the Collateral. Borrower may contest in good faith any such law, ordinance or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lender's sole discretion, # Lender's interests in the Collateral are not jeopardized; and, # Borrower’s ability to pay the Loan is not adversely affected.

Compliance with Registration Requirements. The Registration Statement and any Rule 462(b) Registration Statement shall have been declared effective by the Commission under the Securities Act. The Company has complied, to the Commission’s satisfaction, with all requests of the Commission for additional or supplemental information. No stop order suspending the effectiveness of the Registration Statement or any Rule 462(b) Registration Statement is in effect and no proceedings for such purpose have been instituted or are pending or, to the best knowledge of the Company, contemplated or threatened by the Commission. The Company meets the requirements for use of Form S-3 under the Securities Act. The sale of the Placement Shares hereunder meets the requirements of General Instruction I.B.1 of Form S-3.

Compliance with Registration Requirements. The Original Registration Statement on Form S-3ASR became automatically effective upon the filing thereof. Each post-effective amendment to the Original Registration Statement and any Rule 462(b) Registration Statement has been declared effective by the Commission under the Securities Act. The Company has complied to the Commission’s satisfaction with all requests of the Commission for additional or supplemental information with respect to the Registration Statement and any Rule 462(b) Registration Statement. No stop order suspending the effectiveness of the Registration Statement or any Rule 462(b) Registration Statement is in effect and no proceedings for such purpose have been instituted or are pending or, to the knowledge of the Company, are contemplated or threatened by the Commission.

Compliance with Legal Requirements. The granting and delivery of the Award, and any other obligations of the Company under this Agreement, shall be subject to all applicable federal, state, local, and foreign laws, rules, and regulations and to such approvals by any regulatory or governmental agency as may be required.

. Except for the Open Permit (as defined in [Schedule 13]), the Meadow Parking Shortage (as defined in [Schedule 13]) and the past-due Orange, Connecticut Fire Marshal inspections for the Cascade Property, the 15 Executive Property, the 25 Executive Property, the 35 Executive Property, the Lambert Property and the Marsh Property, each Individual Property is in compliance with all applicable Legal Requirements. No Borrower has received any notice from any Governmental Authority as to any violation of any Legal Requirements.

. Except for the Open Permit (as defined in [Schedule 13]), the Meadow Parking Shortage (as defined in [Schedule 13]) and the past-due Orange, Connecticut Fire Marshal inspections for the Cascade Property, the 15 Executive Property, the 25 Executive Property, the 35 Executive Property, the Lambert Property and the Marsh Property, each Borrower and Guarantor is in compliance with all applicable Legal Requirements, and no Borrower or Guarantor has received any written notice that any Borrower or Guarantor is in violation of any Legal Requirement.

Compliance With Legal Requirements; Governmental Authorizations. Seller is, and has since the ​ been, in compliance in all material respects with all Legal Requirements applicable to the Purchased Assets.

. All Required Insurance Policies are in full force and effect. All premiums due and payable in respect of such Required Insurance Policies have been paid. No Borrower has received any notice from any insurance company or inspection or rating bureau # terminating or threatening in writing to terminate any Required Insurance Policies insuring any Borrower or any Individual Property, or # setting forth any requirements as a condition to the continuation of any insurance coverage on or with respect to any Borrower or any Individual Property or the continuation thereof at premium rates existing at present that, in either case, has not been remedied or satisfied.

Compliance with Governmental Requirements. Grantor shall comply with all laws, ordinances and regulations of the FAA and all other governmental authorities applicable to the use, operation, maintenance, overhauling or condition of the Collateral. Grantor may contest in good faith any such law, ordinance or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Lender's interest in the Collateral, in Lender's opinion, is not jeopardized.

Compliance with Legal Requirements. The 2022 Cash Incentive Program and the granting of bonus awards shall be subject to all applicable federal and state laws, rules and regulations, and to such approvals by any regulatory or governmental agency as may be required.