Common use of Litigation; Requirements of Law Clause in Contracts

Litigation; Requirements of Law. Except to the extent set forth in any public filing made by Guarantor, there is no action, suit, proceeding, investigation, or arbitration pending or, to the best knowledge of Guarantor, threatened against Guarantor or any of its respective assets, nor is there any action, suit, proceeding, investigation, or arbitration pending or threatened against the Guarantor which may result in any material adverse change in the business, operations, financial condition, properties, or assets of Guarantor, or which may have an adverse effect on the validity of the Guaranty or any action taken or to be taken in connection with the obligations of Guarantor under the Guaranty. Guarantor is in compliance in all material respects with all Requirements of Law, including ERISA. Guarantor is not in default in any material respect with respect to any judgment, order, writ, injunction, decree, rule or regulation of any arbitrator or Governmental Authority.

Appears in 2 contracts

Samples: Guaranty (RAIT Financial Trust), Guaranty (RAIT Financial Trust)

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Litigation; Requirements of Law. Except to the extent set forth in any public filing made by Guarantor, there There is no action, suit, proceeding, investigation, or arbitration pending or, to the best knowledge of Guarantor’s knowledge, threatened against Guarantor or any of its respective assets, nor is there any action, suit, proceeding, investigation, or arbitration pending or or, to Guarantor’s knowledge, threatened against the Guarantor which may could reasonably be expected to result in any material adverse change in the business, operationsoperations (or prospects), condition (financial conditionor otherwise), properties, or assets of Guarantor, or which may could reasonably be expected to have an adverse effect on the validity of the Guaranty or any action taken or to be taken in connection with the obligations of Guarantor under the Guaranty. Guarantor is in compliance in all material respects with all Requirements of Law, including ERISA. Guarantor is not in default in any material respect with respect to any judgment, order, writ, injunction, decree, rule or regulation of any arbitrator or Governmental Authority.

Appears in 2 contracts

Samples: Limited Guaranty (KKR Real Estate Finance Trust Inc.), Limited Guaranty (KKR Real Estate Finance Trust Inc.)

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