Common use of Legal Proceedings and Compliance with Law Clause in Contracts

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.12, SKYLYNX has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to SKYLYNX which might result in the aggregate in money damages payable by SKYLYNX in excess of insurance coverage or which might result in a permanent injunction against SKYLYNX. Except as set forth in such Exhibit 11.12, SKYLYNX has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of SKYLYNX, the violation of which might materially and adversely affect it. Except as set forth in such Exhibit 11.12, SKYLYNX is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the business, operations, prospects, property, assets or condition, financial or otherwise, of SKYLYNX.

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.129.20, SKYLYNX Vairex has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to SKYLYNX Vairex which might result in the aggregate in money damages payable by SKYLYNX Vairex in excess of insurance coverage or which might result in a permanent injunction against SKYLYNXVairex. Except as set forth in such Exhibit 11.129.20, SKYLYNX Vairex has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of SKYLYNXVairex, the violation of which might materially and adversely affect it. Except as set forth in such Exhibit 11.129.20, SKYLYNX Vairex is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the business, operations, prospects, property, assets or condition, financial or otherwise, of SKYLYNXVairex.

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.124.19, SKYLYNX SkyLynx has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to SKYLYNX SkyLynx which might result in the aggregate in money damages payable by SKYLYNX SkyLynx in excess of insurance coverage or which might result in a permanent injunction against SKYLYNXSkyLynx. Except as set forth in such Exhibit 11.12Exhibit, SKYLYNX SkyLynx has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of SKYLYNXSkyLynx, the violation of which might materially and adversely affect it. Except as set forth in such Exhibit 11.12Exhibit, SKYLYNX SkyLynx is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the business, operations, prospects, property, assets or condition, financial or otherwise, of SKYLYNXSkyLynx.