Common use of Litigation; Adverse Effects Clause in Contracts

Litigation; Adverse Effects. (i) There is no action, suit, proceeding, governmental investigation or arbitration, at law or in equity, or before or by any Governmental Authority, pending, or to the best of Borrower's knowledge, threatened against Borrower or any of its Subsidiaries or any of their respective Properties, in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; and

Appears in 8 contracts

Samples: Loan Agreement (Equity Lifestyle Properties Inc), Loan Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)

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Litigation; Adverse Effects. (i) There is no action, suit, proceeding, governmental investigation or arbitration, at law or in equity, or before or by any Governmental Authority, pending, or to the best of Borrower's knowledge, threatened against Borrower or any of its Subsidiaries or any of their respective Properties, in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; and;

Appears in 2 contracts

Samples: Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)

Litigation; Adverse Effects. (ia) There is are no actionactions, suitsuits, proceedingproceedings, governmental investigation investigations or arbitrationarbitrations, at law or in equity, or before or by any Governmental Authority, pendingpending or, or to the best knowledge of the Borrower's knowledge, threatened probable of assertion against the Borrower or any Subsidiary of its Subsidiaries the Borrower or any property of their respective Propertiesthe Borrower or any Subsidiary of the Borrower, which if adversely determined, is likely to result in which there is a reasonable possibility of an adverse decision that material judgment or liability not fully covered by insurance and/or could have reasonably be expected to result in a Material Adverse Effect; and.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

Litigation; Adverse Effects. (ia) There is are no actionactions, suitsuits, proceedingproceedings, governmental investigation investigations or arbitrationarbitrations, at law or in equity, or before or by any Governmental Authority, pendingpending or, or to the best knowledge of Borrower's knowledge, threatened probable of assertion against Borrower or any Subsidiary of its Subsidiaries Borrower or any property of their respective Properties, Borrower or any Subsidiary of Borrower which could reasonably be expected to result in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; and.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barrett Resources Corp)

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Litigation; Adverse Effects. (ia) There is no action, suit, proceeding, governmental investigation or arbitration, at law or in equity, equity or before or by any Governmental Authority, pendingpending or, or to the best of Borrower's knowledge, threatened against Borrower or any of its Subsidiaries or any of their respective Properties, in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; andany

Appears in 1 contract

Samples: Credit Agreement (Pacific Gulf Properties Inc)

Litigation; Adverse Effects. (i) There is no action, suit, proceeding, governmental investigation or arbitration, at law or in equity, or before or by any Governmental Authority, pendingpending or, or to the best of Borrower's knowledge, threatened against Borrower or any of its Subsidiaries or any of their respective Properties, Property which could (A) result in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; andEffect on Borrower or any Property, or (B) materially and adversely affect the ability of Borrower to perform its obligations contemplated in the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Bedford Property Investors Inc/Md)

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