Common use of Litigation and Compliance with Laws Clause in Contracts

Litigation and Compliance with Laws. (a) Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since December 31, 2019, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 4 contracts

Samples: Mortgage and Security Agreement (Jetblue Airways Corp), Credit and Guaranty Agreement (Spirit Airlines, Inc.), Term Loan Credit Agreement (Jetblue Airways Corp)

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Litigation and Compliance with Laws. (a) Except as disclosed in the BorrowerParent’s Annual Report on Form 10-K for 2019 2020 or any subsequent report filed by the Borrower Parent on Form 10-Q or Form 8-K with the SEC since after December 31, 20192020, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent Agent, the Collateral Trustee or the Lenders thereunder or in connection with the Transactions.

Appears in 2 contracts

Samples: Term Loan Credit and Guaranty Agreement (United Airlines, Inc.), Revolving Credit and Guaranty Agreement (United Airlines, Inc.)

Litigation and Compliance with Laws. (a) Except as disclosed in the BorrowerParent’s Annual Report on Form 10-K for 2019 or any subsequent report filed by the Borrower Parent on Form 10-Q or Form 8-K with the SEC since after December 31, 2019, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (United Airlines, Inc.), Mortgage and Security Agreement (United Airlines, Inc.)

Litigation and Compliance with Laws. (a) Except as disclosed in the BorrowerParent’s Annual Report on Form 10-K for 2019 2017 or any subsequent report filed by the Borrower Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20192017, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hawaiian Holdings Inc)

Litigation and Compliance with Laws. (a) Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 2016 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since December 31, 20192016, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)

Litigation and Compliance with Laws. (a) Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 2016 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since December 31, 20192016, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.. #4835-7899-9450v13 #4834-7509-9972 Exhibit 10.2

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)

Litigation and Compliance with Laws. (a) Except as disclosed in the BorrowerParent’s Annual Report on Form 10-K for 2019 2021 or any subsequent report filed by the Borrower Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20192021, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hawaiian Holdings Inc)

Litigation and Compliance with Laws. (af) Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 2012 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since December 31, 20192012, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)

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Litigation and Compliance with Laws. (a) Except as disclosed in the BorrowerParent’s Annual Report on Form 10-K for 2019 2010 or any subsequent report filed by the Borrower Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20192010, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower Co-Borrowers or the Guarantors, threatened against the Borrower Co-Borrowers or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (United Air Lines Inc)

Litigation and Compliance with Laws. (a) a. Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since December 31, 2019, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Spirit Airlines, Inc.)

Litigation and Compliance with Laws. (a) Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 2021 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since December 31, 20192021, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)

Litigation and Compliance with Laws. (a) Except as disclosed in the BorrowerParent’s Annual Report on Form 10-K for 2019 2012 or any subsequent report filed by the Borrower Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20192012, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower Co-Borrowers or the Guarantors, threatened against the Borrower Co-Borrowers or the Guarantors or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Continental Airlines, Inc.)

Litigation and Compliance with Laws. (a) Except as disclosed in the Borrower’s Annual Report on Form 10-K for 2019 2017 or any subsequent report filed by the Borrower on Form 10-Q or Form 8-K with the SEC since after December 31, 20192017, there are no actions, suits, proceedings or investigations pending or, to the knowledge of the Borrower or the Guarantors, threatened against the Borrower or the Guarantors Borrower’s Subsidiaries or any of their respective properties (including any properties or assets that constitute Collateral under the terms of the Loan Documents), before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that (i) are likely to have a Material Adverse Effect or (ii) would could reasonably be expected to affect the legality, validity, binding effect or enforceability of 49 the Loan Documents or, in any material respect, the rights and remedies of the Administrative Agent or the Lenders thereunder or in connection with the Transactions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Allegiant Travel CO)

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