Common use of Liabilities and Litigation Clause in Contracts

Liabilities and Litigation. There are no claims, actions, suits or proceedings pending or, to Higher One’s knowledge, threatened against Higher One, or to its knowledge affecting Higher One, at law or in equity, before or by any Federal, state, municipal, administrative or other court, governmental department, commission, board, or agency, an adverse determination of which could have a material adverse effect on the business or operations of Higher One (including its ultimate ownership and operation of the Operation), and Higher One knows of no basis for any of the foregoing. There is no order, writ, injunction, or decree of any court, domestic or foreign, or any Federal or state agency affecting Higher One or to which Higher One is subject.

Liabilities and Litigation. There Except as disclosed by Higher One in writing to Bank, there are no claims, actions, suits suits, or proceedings pending or, to Higher One’s knowledge, threatened against Higher One, or to its knowledge affecting Higher One, at law or in equity, before or by any Federal, state, municipal, administrative administrative, or other court, governmental department, commission, board, or agency, an adverse determination of which could have a material adverse effect Material Adverse Effect on the business or operations of Higher One (including its ultimate ownership and operation of the Operation), and Higher One knows of no basis for any of the foregoing. There is no order, writ, injunction, or decree of any court, domestic or foreign, or any Federal or state agency affecting Higher One or to which Higher One is subject.

Liabilities and Litigation. There Except as disclosed by Higher One in writing to Bank, there are no claims, actions, suits suits, or proceedings pending or, to Higher One’s 's knowledge, threatened against Higher One, or to its knowledge affecting Higher One, at law or in equity, before or by any Federal, state, municipal, administrative administrative, or other court, governmental department, commission, board, or agency, an adverse determination of which could have a material adverse effect Material Adverse Effect on the business or operations of Higher One (including its ultimate ownership and operation of the Operationbusiness), and Higher One knows of no basis for any of the foregoing. There is no order, writ, injunction, or decree of any court, domestic or foreign, or any Federal or state agency affecting Higher One or to which Higher One is subject.