Common use of No Litigation Clause in Contracts

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agent.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, could reasonably be expected to restrain, prevent or impose materially impairs burdensome conditions on any of the transactions contemplated by this Agreement and the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentother Loan Documents or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that would reasonably be expected to the Administrative Agentcause a Material Adverse Change.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding proceeding, hearing, or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Closing Date Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in writing in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing Loan Documents or that would reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, or threatened in writing to the Borrower’s knowledge, threatened a Loan Party in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing to the Administrative Agent.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Transactions, the financing thereof or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentSenior Secured Notes Documents or the $125,000,000 Unsecured Debt Documents, or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing Documents or the Purchase Agreement that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, could reasonably be expected to restrain, prevent or impose materially impairs burdensome conditions on any of the Closing Date Transactions or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentLoan Documents or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentLoan Documents or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the Closing Date Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing Transactions or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentIssuing Bank, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documentsthis Amendment, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, could reasonably be expected to restrain, prevent or impose materially impairs burdensome conditions on any of the Closing Date Transactions, the financing thereof or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentLoan Documents or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents or the Divested Business Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentTransaction Documents or that could have a Material Adverse Ef fect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the Refinancing or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority Body that, in the reasonable opinion of the Administrative AgentLenders, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agentany Class A Managing Agent or any Class B Revolving Lender, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed Documents or that would reasonably be expected to result in writing to the Administrative Agenta Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, or to the Borrower’s knowledge, knowledge of Holdings or the Company threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Lead Arrangers and Administrative Agent, singly or in the aggregate, materially impairs the Related Transactions, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or litigation, proceeding or other legal or regulatory developments, hearing pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by this Agreement and the Related Agreements or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the any of transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing to the Administrative Agentor that could cause a Material Adverse Change.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the knowledge of an Authorized Officer of Holdings or any Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Transactions, the financing thereof or any of the other transactions contemplated by the Credit DocumentsLoan Documents or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Collateral Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing to the Administrative AgentABL Loan Documents, or that could have a Material Adverse Effect.

No Litigation. There shall not exist any be no action, suit, investigation, investigation litigation or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, that could reasonably be expected to materially impairs and adversely affect the transactions contemplated by this Agreement and the Credit other Loan Documents, except as has been previously disclosed in writing to the Administrative Agent.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentAgent and Co-Syndication Agents, singly or in the aggregate, materially impairs the Paper Business Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing thereof or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, Agent materially impairs any of the transactions contemplated by the Credit Closing Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in writing in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Syndication Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentthis Amendment or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentAgents, singly or in the aggregate, materially impairs the consummation of the Transactions, the financing thereof or any of the other transactions contemplated by the Credit Loan Documents or the Senior Notes Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority (other than the Bankruptcy Cases) that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentDocuments or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of any Class A Managing Agent or the Administrative Class B Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed Documents or that would reasonably be expected to result in writing to the Administrative Agenta Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Acquisition Documents or the Transaction Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developmentsproceeding, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the Acquisition, the financing thereof or any other transactions contemplated by the Credit Documents or the Related Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding proceeding, hearing, or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Closing Date Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agent.or that could have a Material Adverse Effect. ​

No Litigation. There shall not exist any unstayed action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents or the Revolving Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the consummation of the Transactions, the financing thereof or any of the other transactions contemplated by the Credit Note Documents or the other Transaction Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that could be reasonably expected to the Administrative Agentcause a Material Adverse Change.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority (other than the Cases) that, in the reasonable opinion of the Administrative Requisite Lenders and Syndication Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in writing in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Collateral Agent, singly or in the aggregate, could reasonably be expected to materially impairs impair any of the transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of Administrative Agent, the Administrative Collateral Monitoring Agent and Syndication Agent, singly or in the aggregate, materially impairs the Reorganization, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or litigation, proceeding or other legal or regulatory developments, hearing pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by this Agreement or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Transaction Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Transaction, the financing thereof or any of the other transactions contemplated by the Credit DocumentsLoan Documents or the Transaction Documentation, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending oror threatened, to the Borrower’s knowledgein writing, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative AgentAgents, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Loan Documents the A/R Loan Documents or the Equipment Loan Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the making of the Loans, the issuance of the Letters of Credit, the refinancing of the Existing Indebtedness, or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing Documents or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending oror threatened, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority Authority, that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentDocuments or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developmentsproceeding, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentLender, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledgeknowledge of the Company, threatened in writing in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There Except for the Cases, there shall not exist any be no action, suit, investigation, investigation litigation or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, that could reasonably be expected to materially impairs and adversely affect the transactions contemplated by this Agreement and the Credit other Loan Documents, except as has been previously disclosed in writing to the Administrative Agent.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority Authority, that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the consummation of any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that would reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any unstayed action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentDocuments or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents or the Senior Secured Note Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of Administrative Agent and the Administrative AgentRequisite Lenders, singly individually or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentTransactions or that could have a Material Adverse Effect.

No Litigation. There shall not exist any no action, suit, investigation, litigation or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion that (i) would reasonably be likely to have a Material Adverse Effect or (ii) purports to materially affect any of the Administrative Agent, singly Transactions or in the aggregate, materially impairs rights and remedies of the transactions contemplated by Agent and the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentLenders.

No Litigation. There shall not exist any unstayed action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentAgent and Lenders, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation litigation, or proceeding or other legal or regulatory developments, pending or, to the Borrowerany Restricted Person’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agentcause a Material Adverse Change.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding proceeding, hearing, or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Related Agreements, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developmentsproceeding, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs challenges the Transactions, the financing thereof or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing nor shall there be any litigation or investigation pending that could reasonably be expected to have a Material Adverse Effect upon the Administrative Agentconsummation of the Transactions.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion sole discretion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed Documents or that would reasonably be expected to result in writing to the Administrative Agenta Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, that singly or in the aggregate, materially impairs the Acquisition, or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Closing Date Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by this Agreement or the Credit DocumentsBango Sale Agreement or the financing thereof, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, any Joint Lead Arranger singly or in the aggregate, materially impairs adversely affects the Transactions, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as or that has been previously disclosed in writing or could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, (x) relates to the Credit Documents or (y) could reasonably be expected to materially impairs impair the Transactions, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor (z) could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the any of transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentDocuments or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding proceeding, hearing, or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by Transactions occurring on the Credit DocumentsClosing Date, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing to the Administrative Agentor that could cause a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court of competent jurisdiction or before any arbitrator or Governmental Authority (including, without limitation, with respect to any environmental matters) that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, restrains, prevents or otherwise imposes materially impairs adverse conditions on the transactions contemplated by the Credit Documents and the Revolving Loan Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the Impsat Acquisition or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative any Class A Managing Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed Documents or that would reasonably be expected to result in writing to the Administrative Agenta Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened (in writing) in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the Restatement Date Disposition or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentAgent and Arrangers, singly or in the aggregate, materially impairs could reasonably be expected to result in an injunction of the transactions contemplated by Merger after the Credit Documents, except as has been previously disclosed in writing to funding of the Administrative AgentLoans on the Closing Date.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing (other than the Cases) or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentLender, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the financings and any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing or that could reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the financing hereunder or any of the other transactions contemplated by the Credit Loan Documents, except as has been previously disclosed in writing to the Administrative Agentor that would cause a Material Adverse Change.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentDocuments or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentAgent and Syndication Agents, singly or in the aggregate, materially impairs the Tender Offer, the Stock Repurchase, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Related Agreements, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist be any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court investigation of or before any arbitrator governmental authority pending or Governmental Authority thatthreatened (i) with respect to this Agreement, in the reasonable opinion Related Documents or any of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed hereby or thereby or (ii) which could reasonably be expected to result in writing to the Administrative Agenta Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in writing in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion discretion of the Administrative Agent, singly or in the aggregate, materially impairs the repayment of Existing Indebtedness or the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing Loan Documents or that would reasonably be expected to the Administrative Agenthave a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs the transactions contemplated by Related Agreements, the payment in full of Existing Indebtedness, or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative AgentAgent and Lenders, singly or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent and Syndication Agent, singly or in the aggregate, materially impairs the Acquisition, the financing thereof or any of the other transactions contemplated by the Credit DocumentsDocuments or the Acquisition Agreement, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any no action, suit, investigation, litigation litigation, or proceeding pending or other legal or regulatory developments, pending or, to the Borrower’s knowledge, threatened in any court or before any arbitrator or Governmental Authority that, that (in the reasonable opinion of the Administrative Facility Agent, singly ’s judgment (acting reasonably)) could reasonably be expected to materially and adversely affect this Agreement or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentthereby.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of Arranger and the Administrative AgentLenders, singly individually or in the aggregate, materially impairs the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative AgentTransactions or that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding litigation, proceeding, hearing or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of Administrative Agent and the Administrative AgentArrangers, singly or in the aggregate, materially impairs the Transactions, the financing thereof or any of the other transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to the Administrative Agentor that could have a Material Adverse Effect.

No Litigation. There shall not exist any action, suit, investigation, litigation or proceeding or other legal or regulatory developments, pending or, to the Borrower’s knowledge, or threatened in any court or before any arbitrator or Governmental Authority that, in the reasonable opinion of the Administrative Agent, singly or in the aggregate, materially impairs any of the transactions contemplated by the Credit Documents, except as has been previously disclosed in writing to Note Documents or the Administrative AgentRelated Agreements.