Common use of Legal Action Against Seller Clause in Contracts

Legal Action Against Seller. There is no action, suit or proceeding pending or, to Seller’s knowledge, threatened against Seller in any court or by or before any other governmental agency or instrumentality which would prohibit its entering into this Agreement or performing any of its obligations under or pursuant to this Agreement.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (SLM Corp)

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Legal Action Against Seller. There is are no judgments, orders or decrees of any kind against Seller unpaid or unsatisfied of record or any legal action, suit suit, investigation, complaint or other legal or administrative proceeding pending or, to Seller’s knowledgepending, threatened against Seller in or reasonably anticipated which could be filed before any court or by administrative agency which has, or before is likely to have, any other governmental agency or instrumentality which would prohibit its entering into this Agreement or performing any material adverse effect on the ability of Seller to perform its obligations under or pursuant to this Agreement.

Appears in 1 contract

Samples: Loan Purchase Agreement (Suffolk Bancorp)

Legal Action Against Seller. There is are no judgments, orders, or decrees of any kind against Seller relating to, concerning or affecting the Property, which are unpaid or unsatisfied of record, nor to Seller’s knowledge any legal action, suit or other legal or administrative proceeding pending or, to Seller’s knowledge, threatened against Seller in before any court or by administrative agency relating to, concerning or before affecting the Property, nor is Seller aware of any threatened legal action, suit or other governmental agency legal or instrumentality which would prohibit its entering into this Agreement or performing any of its obligations under or pursuant administrative proceeding relating to this Agreementthe Property.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Wells Real Estate Fund Xiv Lp)

Legal Action Against Seller. There is To the best of Seller's actual knowledge without independent investigation or inquiry, there are no judgments, orders, or decrees of any kind against Seller unpaid or unsatisfied of record, nor any legal action, suit or other legal or administrative proceeding pending or, to Seller’s knowledge, threatened against Seller in before any court or by or before any other governmental administrative agency or instrumentality relating to the Property which would prohibit adversely affect the Property for its entering into this Agreement present use or performing any adversely affect the performance by Seller of its obligations under or pursuant to this Agreementand agreements hereunder.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Mid Atlantic Medical Services Inc)

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Legal Action Against Seller. There are no judgments, orders, or decrees of any kind against Seller unpaid or unsatisfied of record, nor, to the best of Seller’s knowledge, is no there any legal action, suit or other legal or administrative proceeding pending or, to Seller’s knowledge, threatened against Seller in before any court or by or before any other governmental administrative agency or instrumentality relating to the Property which would prohibit materially adversely affect the Property for its entering into this Agreement or performing any of its obligations under or pursuant to this Agreementpresent use.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (PBSJ Corp /Fl/)

Legal Action Against Seller. There is are no judgments, orders, or decrees of any kind against any entity constituting a Seller unpaid or unsatisfied of record, nor any legal action, suit or proceeding pending or, other legal or administrative agency action relating to Seller’s knowledge, threatened against Seller in any court or by or before any other governmental agency or instrumentality the Property which would prohibit adversely affect the Property for its entering into this Agreement present use or performing any of affect Seller's ability to perform its obligations under or pursuant to this Agreement, nor is Seller aware of any threatened legal action, suit or other legal or administrative proceeding relating to the Property, or any state of facts which might result in any such action, suit or other proceeding.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cali Realty Corp /New/)

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