4No Litigation Clause Samples
The 4No Litigation clause prohibits the parties from initiating legal proceedings or lawsuits against each other in relation to the matters covered by the agreement. In practice, this means that if a dispute arises, the parties must seek alternative methods of resolution, such as negotiation or mediation, rather than going to court. This clause is designed to encourage amicable dispute resolution and to avoid the costs, delays, and adversarial nature of litigation.
4No Litigation. No litigation may be commenced without first following the initial dispute resolution process in this Section. Litigation may be filed only in the Superior Court of Fulton County, Georgia, pursuant to O.C.G.A. § 50-21-1, after the filing party provides thirty (30) days’ Notice to the opposing party. The parties hereby agree that the Superior Court of Fulton County, Georgia shall have exclusive jurisdiction and venue in all matters concerning this Contract. 6Project completion
6. 1Material Completion
4No Litigation. There is no Action pending before any Governmental Authority, or, to the Knowledge of Purchaser, threatened in writing, against Purchaser or its Affiliates which would reasonably be expected to, individually or in the aggregate, materially impair or delay Purchaser from consummating the Contemplated Transactions or otherwise prevent Purchaser from performing in all material respects its obligations hereunder.
4No Litigation. There is no Action pending or, to the actual knowledge of an officer of Buyer, threatened against Buyer or its Affiliates that would reasonably be expected to result in a Buyer Material Adverse Effect.
4No Litigation etc. Other than the Utah Litigation and the California Litigation, there is no litigation, arbitration or other proceeding (formal or informal) pending or, to the Knowledge of the ▇▇▇▇▇ Group, threatened against or affecting the ▇▇▇▇▇ Group or the Transferred Assets, the result of which could have a Material Adverse Effect on the Transferred Assets or Assignee's ability to freely license, use, market and distribute the Transferred Assets; nor does the ▇▇▇▇▇ Group Know or have reason to Know of any basis for the same. To the Knowledge of the ▇▇▇▇▇ Group, there is no investigation (formal or informal), pending or threatened against or affecting the Transferred Assets.
4No Litigation. Except as would not reasonably be expected to have a Buyer Material Adverse Effect, as of the date hereof, there is no Litigation pending or, to any Buyer’s knowledge, threatened in writing against any Buyer or any of its Affiliates.
4No Litigation. (a) There is and since the Lookback Date, has been no Litigation pending or threatened in writing against Seller (a) relating to or affecting the Program, the Products, the Purchased Assets or the Assumed Liabilities, except for such Litigation as would not, individually or in the aggregate, reasonably be expected to be material to the Program, the Purchased Assets and the Assumed Liabilities, taken as a whole or (b) that challenges or seeks to prevent, enjoin or otherwise delay the Transactions contemplated by this Agreement. There is and since the Lookback Date, has been no Litigation pending in respect of the Program, the Products, the Purchased Assets or the Assumed Liabilities in which Seller is plaintiff or claimant. There are and since the Lookback Date, have been no Orders with respect to the Program, the Products, Purchased Assets or the Assumed Liabilities outstanding against Seller. There are and since the Lookback Date, have been no to Seller’s Knowledge: (i) investigations by a Governmental Authority with respect to the Program, the Products, the Purchased Assets or the Assumed Liabilities outstanding against Seller, or (ii) to pending or threatened in writing whistleblower claims related to the Program.
4No Litigation. There is no Action pending before any Governmental Authority, or, to the knowledge of such Founder Seller, threatened in writing, against such Founder Seller or its Affiliates which would reasonably be expected to, individually or in the aggregate, materially impair or delay such Founder Seller from consummating the Contemplated Transactions or otherwise prevent such Founder Seller from performing in all material respects its obligations hereunder. As of the date of this Agreement, such Founder Seller has not received written notice of any pending or threatened claim by any third party with respect to any third party’s right, title or interest in the equity interests of the Company or the Target Companies or, except as would not have or reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, the Purchased Assets.