Common use of No Judgments or Litigation Clause in Contracts

No Judgments or Litigation. Except for the matters referred to in Schedule 6.1(q), no judgments, orders, writs or decrees are outstanding against it, nor is there now pending or, to its knowledge, threatened litigation, contested claim, investigation, arbitration, or governmental proceeding by or against the Borrower that (i) individually or in the aggregate could reasonably be expected to have a Material Adverse Effect or (ii) purports to affect the legality, validity or enforceability of this Agreement, the Notes, any other Loan Document or the consummation of the transactions contemplated hereby or thereby.

Appears in 3 contracts

Samples: Loan and Security Agreement (American Real Estate Partners L P), Loan and Security Agreement (Westpoint International Inc), Loan and Security Agreement (Icahn Enterprises L.P.)

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No Judgments or Litigation. Except for the matters referred to as specified in Schedule 6.1(q6.1(r), no judgments, orders, writs or decrees are outstanding against it, nor is there now pending or, to its knowledgeknowledge after due inquiry, threatened litigation, contested claim, investigation, arbitration, or governmental proceeding by or against the such Borrower that (i) individually or in the aggregate could reasonably be expected to have a Material Adverse Effect or (ii) purports to affect the legality, validity or enforceability of this Agreement, the Notes, any other Loan Document or the consummation of the transactions contemplated hereby or thereby.

Appears in 2 contracts

Samples: Loan and Security Agreement (Del Global Technologies Corp), Loan and Security Agreement (Del Global Technologies Corp)

No Judgments or Litigation. Except for the matters referred to as specified in Schedule 6.1(q6.1(r), no judgments, orders, writs or decrees are outstanding against it, nor is there now pending or, to its knowledgeknowledge after due inquiry, threatened litigation, contested claim, investigation, arbitration, or governmental proceeding by or against the such Borrower that (i) individually or in the aggregate could reasonably be expected to have a Material Adverse Effect or (ii) purports to affect the legality, validity or enforceability of this Agreement, the NotesNote, any other Loan Document or the consummation of the transactions contemplated hereby or thereby.

Appears in 1 contract

Samples: Loan and Security Agreement (Del Global Technologies Corp)

No Judgments or Litigation. Except for the matters referred to as specified in Schedule 6.1(q6.1(r), no judgments, orders, writs or decrees are outstanding against itthe Borrower, nor is there now pending or, to its knowledgethe knowledge of the Borrower after due inquiry, threatened litigation, contested claim, investigation, arbitration, or governmental proceeding by or against the Borrower that (i) individually or in the aggregate could reasonably be expected to have a Material Adverse Effect or (ii) purports to affect the legality, validity or enforceability of this Agreement, the NotesNote, any other Loan Document or the consummation of the transactions contemplated hereby or thereby.

Appears in 1 contract

Samples: Loan and Security Agreement (Grand Toys International LTD)

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No Judgments or Litigation. Except for the matters referred to as specified in Schedule 6.1(q6.1(r), no judgments, orders, writs or decrees are outstanding against it, nor is there now pending or, to its knowledgeknowledge after due inquiry, threatened litigation, contested claim, investigation, arbitration, or governmental proceeding by or against the Borrower that (i) individually or in the aggregate could reasonably be expected to have a Material Adverse Effect Effect, or (ii) purports to affect the legality, validity or enforceability of this Agreement, the Revolving Credit Notes, any other Loan Document or the consummation of the transactions contemplated hereby or thereby.

Appears in 1 contract

Samples: Loan and Security Agreement (Hooper Holmes Inc)

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