Common use of Litigation; Compliance with Laws Clause in Contracts

Litigation; Compliance with Laws. (a) Except as set forth in Schedule 3.09, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCO, threatened against or affecting any Loan Party or any business, property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.093.08, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOits knowledge, threatened against or affecting any Loan Party it or, in the case of El Paso, the Subsidiaries or any business, property or rights of any such person (i) that involve in any manner draws into question the validity or enforceability of this Agreement or any other Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no not any actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Borrower, threatened against or affecting the Borrower or any Loan Party Subsidiary or any business, property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCO, threatened against or affecting Intermediate Holdings or the Borrower or any Loan Party Subsidiary or any business, property or rights of any such person Person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility probability of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, suits suits, proceedings or proceedings investigations at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Borrower, threatened against or affecting the Borrower or any Loan Party Subsidiary or any business, property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.093.09(a), there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Borrowers, threatened in writing against or affecting any Loan Party the Borrowers or any business, Restricted Subsidiary or any business or material property or rights of any such person (i) that involve with respect to any Loan Document or the Transactions or (ii) as which are reasonably likely to which there is a reasonable possibility of an adverse determination and thatbe adversely determined and, if adversely so determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.093.07(a), there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOany Loan Party, threatened in writing against or affecting any Loan Party or any business, property Property or rights of any such person Person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility likelihood of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority or in arbitration now pending or, to the knowledge of PALCOthe Borrower, threatened in writing against or affecting the Borrower or any Loan Party of the Subsidiaries or any business, property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination is reasonably probable and thatwhich, if adversely determined, would could reasonably be expected, individually or in the aggregate, expected to result in have a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator Governmental or Governmental Regulatory Authority now pending or, to the knowledge of PALCOthe Borrower, threatened against or affecting the Borrower or any Loan Party Subsidiary or any business, property or rights of any such person Person (i) that involve with respect to any of the Loan Document Documents (other than any such action, suit or the Transactions proceeding initiated or threatened in writing by any Agent or Lender) or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would that could reasonably be expected, individually or in the aggregate, expected to result in have a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Borrowers, threatened against or affecting any Loan Party the Borrowers or any business, Subsidiary or any property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Borrowers, threatened against or affecting any Loan Party Borrower or any Subsidiary or any business, property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would that could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.09, there are no actions, investigations, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Loan Parties, threatened in writing against or affecting any of the Loan Party Parties or any of their respective Restricted Subsidiaries or any business, property or rights of any such person Person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would that could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in on Schedule 3.093.08, there are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOthe Borrower, threatened against or affecting the Borrower or any Loan Party Subsidiary or any business, property or rights of any such person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility likelihood of an adverse determination and that, if adversely determined, would that could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation; Compliance with Laws. (a) Except as set forth in Schedule 3.093.08, there are no not any actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of PALCOeither Borrower, threatened against or affecting the Parent or any Loan Party Subsidiary or any business, property assets or rights of any such person (i) that which involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and thatwhich, if adversely determined, would reasonably be expectedcould, individually or in the aggregate, to result in a Material Adverse Effect.