Common use of Litigation; Compliance with Laws; etc Clause in Contracts

Litigation; Compliance with Laws; etc. (a) There are no actions, suits or proceedings, except as specified in Schedule 7.8(a), at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of any of the Borrowers, threatened against or affecting any of the Borrowers or the business, assets or rights of any of the Borrowers as to which there is a reasonable possibility of an adverse determination and which, if adversely determined, could, individually or in the aggregate, reasonably to be expected to have a Material Adverse Effect.

Litigation; Compliance with Laws; etc. (a) There are no actions, suits or proceedings, except as specified in Schedule 7.8(a5.08(a), at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of any of the BorrowersLoan Parties, threatened against or affecting any of the Borrowers Loan Parties or the business, assets or rights of any of the Borrowers Loan Parties as to which there is a reasonable possibility of an adverse determination and which, if adversely determined, could, individually or in the aggregate, reasonably to be expected to have a Material Adverse Effect.