Material Litigation. Borrower has no pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVA's interests therein;
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Samples: Loan and Security Agreement (Uniview Technologies Corp), Loan and Security Agreement (Community Medical Transport Inc), Loan and Security Agreement (Revenge Marine Inc)
Material Litigation. Borrower has no pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVATEXTRONS's interests therein;
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Samples: Loan and Security Agreement (I Sector Corp), Loan and Security Agreement (Micros to Mainframes Inc)
Material Litigation. Borrower has no pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVAAgent's interests therein, except for the Shareholder Litigation and the Water Company Litigation;
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Samples: Loan and Security Agreement (Usa Detergents Inc), Loan and Security Agreement (Usa Detergents Inc)
Material Litigation. Borrower has no pending or overtly threatened ------------------- litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVA's interests therein;
Appears in 1 contract
Samples: Loan and Security Agreement (Cumetrix Data Systems Corp)
Material Litigation. Borrower has no pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVALender's interests therein;
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Material Litigation. Borrower has no pending or or, to its knowledge, overtly ------------------- threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVA's interests therein;
Appears in 1 contract
Samples: Loan and Security Agreement (Avery Communications Inc)
Material Litigation. Borrower has no pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVAGFC's interests therein;
Appears in 1 contract
Samples: Loan and Security Agreement (Procom Technology Inc)
Material Litigation. No Borrower has no any pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVALender's interests therein;
Appears in 1 contract
Samples: Loan and Security Agreement (Core Technologies Pennsylvania Inc)
Material Litigation. Borrower has no pending or overtly threatened litigation, actions or proceedings which would materially and adversely affect its business, assets, operations, prospects or condition, financial or otherwise, or the Collateral or any of FINOVACB&T's interests therein;
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