No Combined Party is a party to any agreement or instrument or subject to any other obligation or any charter or corporate restriction or any provision of any applicable law, rule or regulation which, individually or in the aggregate, would have or would be reasonably expected to have a Material Adverse Effect.

No Burdensome Restrictions. No Borrower is party to any contract or agreement the performance of which could reasonably be expected to have a Material Adverse Effect. Each Borrower has heretofore made available to Agent true and complete copies of all Material Contracts to which it is a party or to which it or any of its properties is subject. No Borrower has agreed or consented to cause or permit in the future, prior to the repayment of the Obligations, (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien which is not a Permitted Encumbrance.

No Restrictions. Any book entry confirmations and certificates evidencing the Shares, Warrants and the Warrant Shares, as the case may be, shall not contain any vesting conditions or restrictive legend. The Shares and Warrant Shares shall be transmitted at the cost of the Company by the transfer agent to the Purchaser by crediting the account of the Purchaser’s prime broker with the Depository Trust Company System as directed by such Purchaser.

No Restrictions. There is no encumbrance or restriction on the ability of any Credit Party to # pay dividends or make any other distributions on its Equity Interests, or to pay any Debt owed by it, # make loans or advances, or # transfer any of its properties or assets, except, in each case, such encumbrances or restrictions existing under or by reason of # Applicable Law, # this Agreement or the other Credit Documents, # customary provisions restricting subletting or assignment of any lease governing any of its leasehold interests, # customary provisions restricting the assignment of contracts, permits and/or licenses, or # the FCC Credit Documents.

No Restrictions. The Shares of Unrestricted Stock are fully vested and are free from Restrictions (as such term is defined in the Plan).

No Law or contractual obligation of any Credit Party or any of their Subsidiaries would be reasonably expected to have a Material Adverse Effect.

No Restrictions. Nothing in this Agreement shall limit or restrict the right of any RRD member, director, officer or employee of RRD or any member, director, officer, or employee of any of its subsidiaries or its affiliates to engage in any other business or to devote his or her time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, nor limit or restrict the right of RRD or any of its affiliates to engage in any other business or to render services of any kind to any other entity; provided however that RRD and such member, director, officers and employee complies with the confidentiality and non-use obligations set forth herein.

No Burdensome Restrictions. No Credit Party is party to any contract or agreement the performance of which could reasonably be expected to have a Material Adverse Effect. Each Credit Party has heretofore delivered to Agent true and complete copies of all Material Contracts to which it is a party or to which it or any of its properties is subject. No Credit Party has agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien which is not a Permitted Encumbrance.

No Burdensome Restrictions. No Company is party to any contract or agreement the performance of which could reasonably be expected to have a Material Adverse Effect. Each Company has heretofore delivered to Agent true and complete copies of all Material Contracts to which it is a party or to which it or any of its properties is subject. No Company has agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien which is not a Permitted Encumbrance.

No Restrictions. Upon [[Nektar:Organization]] of the termination of this Agreement, neither Party (nor any successor thereto) shall have any further obligations or limitations imposed upon it under [Sections 7.3(d) or 7.3(e)])].