Common use of Litigation and Contingent Liabilities Clause in Contracts

Litigation and Contingent Liabilities. No litigation (including derivative actions), arbitration proceedings or governmental proceedings are pending or, to Borrower’s knowledge, threatened against Borrower which would (singly or in the aggregate), if adversely determined, have a material and adverse effect on the consolidated assets, financial condition, continued operations or business of Borrower and its Subsidiaries, except as and if set forth (including estimates of the dollar amounts involved) in Schedule 4.8.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Centennial Bank Holdings, Inc.), Revolving Credit Agreement (First Community Bancorp /Ca/), Revolving Credit Agreement (First Community Bancorp /Ca/)

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Litigation and Contingent Liabilities. No litigation (including derivative actions), arbitration proceedings or governmental proceedings are pending or, to Borrower’s knowledge, or threatened against Borrower which would (singly or in the aggregate), if adversely determined, have a material and adverse effect on the consolidated assets, financial condition, continued operations or business prospects of Borrower and its Subsidiariesor any Subsidiary, except as and if set forth (including estimates of the dollar amounts involved) in Schedule 4.8a schedule furnished by Borrower to Lender before this Agreement was signed.

Appears in 3 contracts

Samples: Pledge Agreement (First Community Bancorp /Ca/), Revolving Credit Agreement (First Western Bancorp Inc), Revolving Credit Agreement (Second Bancorp Inc)

Litigation and Contingent Liabilities. No litigation (including derivative actions), arbitration proceedings or governmental proceedings are pending or, to Borrower’s knowledge, threatened against Borrower which would (singly or in the aggregate), if adversely determined, ) reasonably be expected to have a material and adverse effect on the consolidated assets, financial condition, continued operations or business of Borrower and its SubsidiariesMaterial Adverse Effect, except as and if set forth (including estimates of the dollar amounts involved) in Schedule 4.8.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cobiz Financial Inc)

Litigation and Contingent Liabilities. No litigation (including derivative actions), arbitration proceedings or governmental proceedings are pending or, to Borrower’s knowledge, or threatened against the Borrower which would (singly or in the aggregate), if adversely determined, have a material and adverse effect on the consolidated assets, financial condition, continued operations or business prospects of the Borrower and its Subsidiariesor any subsidiary, except as and if set forth (including estimates of the dollar amounts involved) in Schedule 4.8Exhibit J hereto.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Continental Materials Corp)

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Litigation and Contingent Liabilities. No litigation (including derivative actions), arbitration proceedings or governmental proceedings are pending or, to Borrower’s knowledge, or threatened against the Borrower which would (singly or in the aggregate), if adversely determined, have a material and adverse effect on the consolidated assets, financial condition, continued operations or business prospects of the Borrower and its Subsidiariesor any subsidiary, except as and if set forth (including estimates of the dollar amounts involved) in Schedule 4.8a schedule furnished by the Borrower to the Lender before this Agreement was signed.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sun Hydraulics Inc)

Litigation and Contingent Liabilities. No litigation (including derivative actions), arbitration proceedings or governmental proceedings are pending or, to Borrower’s knowledge, or threatened against Borrower which would (singly or in the aggregate), if adversely determined, have a material and adverse effect on the consolidated assets, financial condition, continued operations or business prospects of Borrower and its Subsidiariesor any Subsidiary, except as and if set forth (including estimates of the dollar amounts involved) in on Schedule 4.84.8 attached to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

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