Common use of NO JUDGMENTS, LITIGATION Clause in Contracts

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 26 contracts

Samples: Employment Agreement, Master Loan and Security Agreement (Ostex International Inc /Wa/), Master Loan and Security Agreement (Biotransplant Inc)

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NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiryknowledge, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 4 contracts

Samples: Loan and Security Agreement (Repeater Technologies Inc), Loan and Security Agreement (Paradigm Genetics Inc), Loan and Security Agreement (Genaissance Pharmaceuticals Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiryknowledge, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 3 contracts

Samples: Master Loan and Security Agreement (Pilot Network Services Inc), Master Loan and Security Agreement (Sonoma Systems), Master Loan and Security Agreement (Pilot Network Services Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, claims and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 3 contracts

Samples: Loan and Security Agreement (Intracel Corp), Loan and Security Agreement (Intracel Corp), Security Agreement (NPR Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, could not reasonably be expected in the aggregate, to have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Fusion Medical Technologies Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent reasonable inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, claims and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Security Agreement (Bolder Technologies Corp)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry’s knowledge, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Financing Agreement (Pacific Biometrics Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquirydue inquiry (but without the search of any docket or court or agency records), threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Exodus Communications Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiryknowledge, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the BorrowerBorrower except as may be set forth in the Schedule.

Appears in 1 contract

Samples: Loan and Security Agreement (Cypress Bioscience Inc)

NO JUDGMENTS, LITIGATION. No Except as disclosed on Schedule 4.4 attached hereto and made a part hereof, no judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Accumed International Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiryknowledge, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, reasonably be expected to have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Keravision Inc /Ca/)

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NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower Borrower, nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Irrevocable Funding Agreement (Longfoot Communications Corp.)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding proceedings by or against the Borrower except judgments and pending or threatened litigation, contested claims, claims and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Security Agreement (Abaxis Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor nor, except as set forth on Schedule A hereto, is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened in writing any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Dyax Corp)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent reasonable inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Immune Response Corp)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiry, threatened any litigation, contested claim, or governmental proceeding proceedings by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Aquila Biopharmaceuticals Inc)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent due inquiry, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would not, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Pharsight Corp)

NO JUDGMENTS, LITIGATION. No judgments are outstanding against the Borrower nor is there now pending or, to the best of the Borrower's knowledge after diligent inquiryknowledge, threatened any litigation, contested claim, or governmental proceeding by or against the Borrower except judgments and pending or threatened litigation, contested claims, and governmental proceedings which would notnot reasonably be expected to, in the aggregate, have a Material Adverse Effect on the Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Cellomics Inc)

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