Common use of Litigation and Compliance with Laws Clause in Contracts

Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K for 2015 or any subsequent report filed by Parent on Form 10-Q or Form 8-K with the SEC since December 31, 2015, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc)

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Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K for 2015 2012 or any subsequent report filed by Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20152012, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (American Airlines Inc)

Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K for 2015 2016 or any subsequent report filed by Parent on Form 10-Q or Form 8-K with the SEC since after December 31, 20152016, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan DocumentsDocuments 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 Airlines, Inc.)

Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K for 2015 2013 or any subsequent report filed by Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20152013, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents.

Appears in 1 contract

Samples: SGR Security Agreement (American Airlines Inc)

Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K for 2015 2012 or any subsequent report filed by Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20152012, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan DocumentsDocuments 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: Aircraft Security Agreement (American Airlines Inc)

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Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K 10‑K for 2015 2019 or any subsequent report filed by Parent on Form 10-Q 10‑Q or Form 8-K 8‑K with the SEC since December 31, 20152019, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents.

Appears in 1 contract

Samples: Aircraft Security Agreement (American Airlines, Inc.)

Litigation and Compliance with Laws. (a) Except as disclosed in Parent’s Annual Report on Form 10-K for 2015 2022 or any subsequent report filed by Parent on Form 10-Q or Form 8-K with the SEC since December 31, 20152022, 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) could reasonably be expected to affect the legality, validity, binding effect or enforceability of the Loan Documents.

Appears in 1 contract

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

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