Common use of Actions, Suits and Proceedings Clause in Contracts

Actions, Suits and Proceedings. Except as disclosed in Schedule III or as routinely encountered in claims activity, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority now pending against or, to the knowledge of each Account Party, threatened against or affecting such Account Party or any of its Subsidiaries (i) as to which an adverse determination that would, individually or in the aggregate, result in a Material Adverse Effect is likely or (ii) that involve this Agreement or the Transactions.

Appears in 6 contracts

Samples: Unsecured Credit Agreement (Xl Group PLC), Secured Credit Agreement (Xl Group PLC), Credit Agreement (Xl Group PLC)

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Actions, Suits and Proceedings. Except as disclosed in Schedule III or as routinely encountered in claims activity, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority now pending against or, to the knowledge of each such Account Party, threatened against or affecting such Account Party or any of its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that wouldcould reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect is likely or (ii) that involve this Agreement or the Transactions.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

Actions, Suits and Proceedings. Except as disclosed in Schedule III or as routinely encountered in claims activity, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority now pending against or, to the knowledge of each such Account Party, threatened against or affecting such Account Party or any of its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that wouldcould reasonably Credit Agreement be expected, individually or in the aggregate, to result in a Material Adverse Effect is likely or (ii) that involve this Agreement or the Transactions.

Appears in 1 contract

Samples: Credit Agreement (Xl Capital LTD)

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Actions, Suits and Proceedings. Except as disclosed in Schedule III II or contemplated by our SEC reports, or as routinely encountered in claims activity, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority now pending against or, to the knowledge of each such Account Party, threatened against or affecting such Account Party or any of its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that wouldcould reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect is likely or (ii) that involve this Agreement or the Transactions.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Xl Capital LTD)

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