Common use of Litigation and Pending Proceedings Clause in Contracts

Litigation and Pending Proceedings. (a) There are no material claims, actions, suits, proceedings, mediations, arbitrations, or investigations pending or, to the knowledge of Horizon, threatened against Horizon or any of its Subsidiaries, and to Horizon’s knowledge there is no basis for any claim, action, suit, proceeding, litigation, arbitration, or investigation against Horizon or any of its Subsidiaries that individually or in the aggregate would reasonably be expected to have a Material Adverse Effect on Horizon.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Wolverine Bancorp, Inc.), Agreement and Plan of Merger (Horizon Bancorp /In/)

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Litigation and Pending Proceedings. (a) There are no material claims, actions, suits, proceedings, mediations, arbitrations, arbitrations or investigations pending or, to the knowledge of Horizon, threatened against Horizon or any of its Subsidiaries, and to Horizon’s knowledge there is no basis for any claim, action, suit, proceeding, litigation, arbitration, arbitration or investigation against Horizon or any of its Subsidiaries that individually or in the aggregate would reasonably be expected to have a Material Adverse Effect on Horizon.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (LaPorte Bancorp, Inc.), Agreement and Plan of Merger (Horizon Bancorp /In/)

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