Except as disclosed in Borrower’s public filings or actions or proceedings that could not reasonably be expected to have a Material Adverse Effect, there are no actions or proceedings pending, or to the knowledge of Borrower threatened, against Borrower or any of its Subsidiaries before any court or administrative agency, and Borrower has no knowledge of any pending or threatened governmental investigations or claims, audits, reviews, investigations, complaints, actions or prosecutions involving Borrower or any other Obligor. Neither Borrower nor any other Obligor is in default with respect to any order, writ, injunction, decree or demand of any court or any Governmental Authority. None of the foregoing actions or proceedings, individually or collectively, could reasonably be expected to have a Material Adverse Effect.