(r) No Violation or Default. Neither the Company nor any of the Companys
subsidiaries is (i) in violation of its charter or by-laws or similar organizational documents; (ii) in default, and no event has occurred that, with notice or lapse of time or both, would constitute
such a default, in the due performance or observance of any term, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party
or by which the Company or any of its subsidiaries is bound or to which any of the property or assets of the Company or any of its subsidiaries is subject; or (iii) in violation of any law or statute or any judgment, order, rule or regulation
of any court or arbitrator or governmental or regulatory authority, except, in the case of clause (i) (solely with respect to foreign subsidiaries that are not Significant Subsidiaries), and clauses (ii) and (iii) above, for any such default or
violation that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
(s) No
Conflicts. The execution, delivery and performance by the Company of each of the Offering Documents, the issuance and sale of the Securities and the compliance by the Company with the terms thereof and the consummation of the transactions
contemplated by the Offering Documents will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance
upon any property or assets of the Company or any of its subsidiaries, pursuant to any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party or by which the
Company or any of its subsidiaries is bound or to which any of the property or assets of the Company or any of its subsidiaries is subject, (ii) result in any violation of the provisions of the charter or
by-laws or similar organizational documents of the Company or any of its subsidiaries, or (iii) result in the violation of any law or statute or any judgment, order, rule or regulation of any court or
arbitrator or governmental or regulatory authority by the Company, except, in the case of clause (i), clause (ii) (solely with respect to foreign subsidiaries that are not Significant Subsidiaries) and clause (iii) above, for any such conflict,
breach, violation or default that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
(t) No Consents Required. No consent, approval, authorization, order, registration or qualification of or with any court or arbitrator
or governmental or regulatory authority is required for the execution, delivery and performance by the Company of each of the Offering Documents, the issuance and sale of the Securities and compliance by the Company with the terms thereof and the
consummation of the transactions contemplated by the Offering Documents, except for such consents, approvals, authorizations, orders and registrations or qualifications (i) that have already been obtained or made, (ii) as may be required
under applicable state or foreign securities laws in connection with the purchase and distribution of the Securities by the Underwriters, (iii) that have been obtained or made or as may be required by the Financial Industry Regulatory
Authority, Inc. (FINRA) or under applicable state securities laws in connection with the purchase and distribution of the Securities by the Underwriters, and (iv) that, if not obtained, would not, individually or in the aggregate,
affect the validity of the Securities or the ability of the Company to consummate the transactions contemplated by this Agreement and the other Offering Documents, or, individually or in the aggregate, be reasonably likely to result in a Material
Adverse Effect.
(u) Legal Proceedings. Except as described in the Pricing Prospectus, there are no legal, governmental or
regulatory investigations, actions, suits or proceedings pending to which the Company or any of its subsidiaries is a party or to which any property of the Company or any of its subsidiaries is the subject that, individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect, and no such investigations, actions, suits or proceedings are threatened or, to the knowledge of the Company, contemplated by any governmental or regulatory authority or threatened by
others.
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