There are no actions, suits, proceedings, or investigations pending or, to the knowledge of FTI after reasonable investigation, threatened by or against FTI or affecting FTI or its properties, at law or in equity, before any court or other governmental agency or instrumentality, domestic or foreign, or before any arbitrator of any kind. FTI does not have any knowledge of any material default on its part with respect to any judgment, order, injunction, decree, award, rule, or regulation of any court, arbitrator, or governmental agency or instrumentality.