Common use of Litigation Matters Clause in Contracts

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against the Borrower or against the Ceding Company and affecting the Reinsured Policies (i) that seek to challenge the validity or enforceability of the Transaction Documents or the Transactions or (ii) that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Responsible Officer of the BorrowerCompany, threatened in writing against the or affecting any Borrower or against the Ceding Company and affecting the Reinsured Policies any Subsidiary (i) that seek to challenge the validity or enforceability of the Transaction Documents or the Transactions or (ii) that would which could reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect (except as set forth on Schedule 5.06) or (ii) that involve any of the Loan Documents or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against the or affecting Borrower or against the Ceding Company and affecting the Reinsured Policies (i) that seek as to challenge the validity or enforceability which there is a reasonable possibility of the Transaction Documents or the Transactions or (ii) that would an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect with respect to Borrower or (ii) that involve this Agreement or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against the Borrower or against the Ceding Company and affecting the Reinsured Policies that (i) that seek to challenge the validity or enforceability of the Transaction Documents or the Transactions or (ii) that if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (ii) involve this Agreement or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against the Borrower or against the Ceding Company and affecting the Reinsured Policies Parent (i) that seek as to challenge the validity or enforceability which there is a reasonable possibility of the Transaction Documents or the Transactions or (ii) that an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (ii) that involve this Agreement or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against or affecting the Borrower or against the Ceding Company and affecting the Reinsured Policies any of its Significant Subsidiaries (i) that seek to challenge the validity or enforceability of the Transaction Documents or the Transactions or (ii) that would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (ii) that involve this Agreement, any other Loan Document or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against or affecting the Borrower or against the Ceding Company (a) as to which there is a reasonable possibility of an adverse determination and affecting the Reinsured Policies (i) that seek to challenge the validity or enforceability of the Transaction Documents or the Transactions or (ii) that would that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (b) that involve this Agreement or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of Borrower or General Partner, as the Borrowercase may be, threatened in writing against the Borrower or against the Ceding Company and affecting the Reinsured Policies General Partner (i) that seek as to challenge the validity or enforceability which there is a reasonable possibility of the Transaction Documents or the Transactions or (ii) that an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (ii) that involve this Agreement or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against or affecting Borrower. In addition, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the Borrower or against the Ceding Company and affecting the Reinsured Policies (i) that seek to challenge the validity or enforceability knowledge of the Transaction Documents Borrower, threatened against or the Transactions or affecting any Affiliates of Borrower that (iix) that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (y) involve the Margin Loan Documentation or the Transactions.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against the Borrower any Relevant Entity or against the Ceding Company and affecting the Reinsured Policies any Related Party (i) that seek to challenge the validity or enforceability of the Transaction Documents or the Transactions transactions contemplated thereunder or (ii) that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Litigation Matters. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of each Borrower or General Partner, as the Borrowercase may be, threatened in writing against the any Borrower or against the Ceding Company and affecting the Reinsured Policies General Partner (i) that seek as to challenge the validity or enforceability which there is a reasonable possibility of the Transaction Documents or the Transactions or (ii) that an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse EffectEffect or (ii) that involve this Agreement or the Transactions.