No Pending Legal Action. Typhon represents and warrants that there is not pending or, to the best of Typhon’s knowledge, threatened, any action, suit or proceeding before or by any court or other governmental body to which Typhon is a party, or to which any of the assets of Typhon is subject, which might reasonably be expected to materially adversely affect Typhon’s ability to perform its obligations under this Agreement. Typhon shall immediately notify Client of the nature and amount of any claim which could reasonably be expected to materially adversely affect Typhon’s ability to perform its obligations under this Agreement upon receipt by Typhon of notice of any such action, suit, proceeding, investigation, or other inquiry as described herein during the term of this Agreement.
No Pending Legal Action. No litigation seeking the issuance of a final order, decree or injunction of a court of competent jurisdiction for relief against Sangamo or Exxxxxx if the transactions contemplated by this Agreement are completed, shall be pending which, in the good faith judgment of Exxxxxx has a reasonable probability of resulting in such order, decree or injunction and such relief would have a material adverse effect on the Assets.
No Pending Legal Action. No litigation seeking the issuance of a ----------------------- final order, decree or injunction of a court of competent jurisdiction for relief against the Seller or the Buyer if the transactions contemplated by this Agreement are completed, may be pending which, in the good faith judgment of the Seller or the Buyer has a reasonable probability of resulting in such order, decree or injunction and such relief would have a Material Adverse Effect.
