Common use of Litigation and Liabilities Clause in Contracts

Litigation and Liabilities. (a) There are no Proceedings (other than arising from or relating to the Mergers or any of the other transactions contemplated by this Agreement) before any Governmental Entity pending against or, to the Knowledge of such Party, threatened in writing against such Party or any of its Subsidiaries, or any of their respective properties or assets or directors or officers, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on such Party.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Patterson Uti Energy Inc), Agreement and Plan of Merger (Patterson Uti Energy Inc), Agreement and Plan of Merger (Nextier Oilfield Solutions Inc.)

AutoNDA by SimpleDocs

Litigation and Liabilities. (a) There are no Proceedings (other than arising from or relating to the Mergers Merger or any of the other transactions contemplated by this Agreement) before any Governmental Entity pending against or, to the Knowledge of such Party, threatened in writing against such Party or any of its Subsidiaries, or any of their respective properties or assets or directors or officersassets, except as would not, individually or in the aggregate, reasonably be expected to (i) have a Material Adverse Effect on such PartyParty or (ii) prevent or materially delay the consummation of the Transactions.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Keane Group, Inc.), Agreement and Plan of Merger (Versum Materials, Inc.), Agreement and Plan of Merger (C&J Energy Services, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.