Common use of Litigation and Compliance Clause in Contracts

Litigation and Compliance. There are no suits, other proceedings or investigations pending or threatened against, or affecting the business or the properties of Borrower (other than those as have been previously disclosed in writing to Commission) which could materially impair its ability to perform its obligations under this Agreement, nor is Borrower in violation of any laws or ordinances which could materially impair Borrower's ability to perform its obligations under this Agreement.

Litigation and Compliance. There are no suits, other proceedings or investigations pending or threatened against, or affecting the business or the properties of Borrower (other than those as have been previously disclosed in writing to the Commission) which could materially impair its ability to perform its obligations under this AgreementNote, nor is Borrower in violation of any laws or ordinances which could materially impair Borrower's ability to perform its obligations under this AgreementNote.

Litigation and Compliance. There are no suits, other proceedings or investigations pending or threatened against, or affecting the business or the properties of Borrower (other than those as have been previously disclosed in writing to the Commission) which could materially impair its ability to perform its obligations under this AgreementHOME Note, nor is Borrower in violation of any laws or ordinances which could materially impair Borrower's ability to perform its obligations under this AgreementHOME Note.