Common use of No Material Litigation Clause in Contracts

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 16 contracts

Samples: Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Credit Agreement (Kayne Anderson Midstream/Energy Fund, Inc.), Credit Agreement (Kayne Anderson MLP Investment CO)

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No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, revenues or by or against any "affiliated person" of the Borrower or any of its Subsidiaries, within the meaning of the Investment Company Act, (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document this Agreement or the rights Notes or remedies any of the Administrative Agent transactions contemplated hereby or any Lender hereunder or thereunderthereby, or (iib) that, individually or in the aggregate, which could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Franklin Resources Inc), Credit Agreement (Franklin Resources Inc), Credit Agreement (Franklin Resources Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Kayne Anderson MLP Investment CO), Loan Agreement, Credit Agreement (Kayne Anderson MLP Investment CO)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Notes or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Note or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Gaming & Entertainment Inc)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Notes or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Dover Downs Gaming & Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent Loan Documents or any Lender hereunder of the transactions contemplated hereby or thereunder, thereby or (iib) that, individually or in the aggregate, could which is reasonably be expected to have a Material Adverse Effect or with respect to any Owned Property or Leased Property, is reasonably expected to have an Individual Property Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Global Signal Inc), Global Signal Inc

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Parent Borrower, threatened by or against the Borrower Holding or any of its Subsidiaries or against any of its or their respective properties or revenues, includingwhich is not subject to indemnification by the Seller pursuant to the Acquisition Agreement, without limitation, against and (a) is so pending or threatened on or prior to the Effective Date and relates to any of its Subsidiaries, (i) with respect to the authorization, legality, validity, Loan Documents or enforceability of any Loan Document or the rights or remedies of the Administrative Agent transactions contemplated hereby or any Lender hereunder or thereunder, thereby or (iib) that, individually or in the aggregate, could which would be reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Relocation Management Systems Inc)

No Material Litigation. No litigationThere are no actions, investigation suits, proceedings, claims or proceeding of or before any arbitrator or Governmental Authority is disputes pending or, to the knowledge of the Borrower, threatened threatened, at law, in equity, in arbitration or before any Governmental Authority, by or against the Borrower or any of its Restricted Subsidiaries or against any of its their properties or revenues, including, without limitation, against revenues (a) that purport to affect or pertain to this Agreement or any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any other Loan Document or the rights or remedies (b) as to which there is a reasonable possibility of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, an adverse determination that either individually or in the aggregate, could aggregate would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (J2 Global, Inc.)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Loan Agreement, the authorization, legality, validityLine of Credit Note and the other Loan Documents to which the Borrower is a party, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent transactions contemplated hereby or any Lender hereunder or thereunderthereby, or (iib) thatwhich, if determined adversely to the interests of the Borrower, would have (either individually or in the aggregate, could reasonably be expected to have ) a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Pj America Inc)

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No Material Litigation. No litigation, investigation or proceeding ---------------------- of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Notes or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Dover Downs Entertainment Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the BorrowerBorrowers, threatened by against any Borrower or against the Borrower any of their respective Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorizationNotes, legality, validity, the other Loan Documents or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, except as set forth in Schedule VIII, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Standard Automotive Corp)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge Actual Knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent Loan Documents to which it is a party, (b) with respect to any of the transactions contemplated by or any Lender hereunder occurring simultaneously with the entering into of the Loan Documents in which the litigation, investigation or thereunderproceeding is material and has a reasonable basis in fact, or (iic) that, individually or in the aggregate, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower Borrower, any of the Restricted Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunderLoan Documents, or (iib) thatas to which there is a reasonable possibility of an adverse determination and, that if adversely determined, could, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Radio One Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.Effect.‌‌‌‌‌

Appears in 1 contract

Samples: Credit Agreement

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