Common use of Adverse Judgments Clause in Contracts

Adverse Judgments. As of the date hereof, to the actual knowledge of the Company, there are no judgments or outstanding orders, injunctions, decrees, stipulations or awards (whether rendered by a Governmental Authority or by an arbitrator) against the Company or its properties that prohibit or restrict or could reasonably be expected to result in any material delay of the consummation of the transactions contemplated by this Agreement or the Ancillary Agreements or would reasonably be expected to have a material adverse effect on the Company’s financial condition or results of operation or on its ability to perform its obligations under this Agreement and the Ancillary Agreements to which it is a party.