TeleNav 2011 Annual Report Download - page 251

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(d) The execution of the Lease was duly authorized and the Lease is in full force and effect, and to the best of Tenant’
s current
actual knowledge there exists no default (beyond any applicable grace period) on the part of either Tenant or Landlord under the Lease.
(e) There has not been filed by or against Tenant, nor to the best of the knowledge and belief of Tenant is there threatened
against Tenant, any petition under the bankruptcy laws of the United States.
16. Whenever, from time to time, reasonably requested by Lender (but not more than one (1) times during any calendar year), Tenant
shall execute and deliver to or at the direction of Lender, and without charge to Lender, a written certification, in a form acceptable to Tenant,
the then-
current status of all of the matters set forth in Paragraph 15 above, and any other information Lender may reasonably require to confirm
the current status of the Lease.
17. BOTH TENANT AND LENDER HEREBY IRREVOCABLY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION,
PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.
18. This Agreement shall be governed by and construed in accordance with the laws of the State in which the Property is located.
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