The execution, delivery and performance by HLSS of this Agreement, each Sale Supplement and all documents executed pursuant hereto and thereto by HLSS do not and will not conflict with, or result in any violation of or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of any obligation or to loss of a benefit under, or result in the creation or imposition of any Lien upon any of the assets of HLSS under, any provision of (a) the organizational documents of Purchaser, (b) any mortgage, indenture or other agreement to which HLSS is a party or by which HLSS or any of its properties or assets is subject (except as would not reasonably be expected to adversely affect the ability of HLSS to carry out its obligations under, and to consummate the transactions contemplated by, this Agreement and the Sale Supplements) or (c) any provision of any Applicable Law applicable to HLSS or its properties or assets.