The execution and performance by the Company of its obligations under the Transaction Documents, including the issuance to the Investors of the Subscription Shares upon subscription therefor, and the compliance by each of the Company’s Subsidiaries with the provisions of the Policy Agreement, do not (assuming all the Authorizations referred to in Section 3.01(d) ( Status of Authorizations ) of the Company Disclosure Letter have been obtained): (i) conflict with or result in a breach of any of the terms, conditions or provisions of, or constitute a default, or require any consent under, any indenture, mortgage, agreement or other instrument or arrangement to which the Company or any Subsidiary is a party or by which the Company or any Subsidiary is bound; (ii) violate any of the terms or provisions of the Company’s Charter or the respective constitutional documents of any Subsidiary, as applicable; or (iii) violate any Authorization, judgment, decree or order or any statute, law, rule, regulation or requirement applicable to the Company or any Subsidiary.