Common use of Relations Clause in Contracts

Relations. No Loan Party is a party to any collective bargaining agreement, there is no strike or request for union representation, no material labor dispute, grievance or controversy pending, or, to the knowledge of the Loan Parties, threatened against such Loan Party, including any work stoppages, slowdowns or lockouts. There are no matters relating to any Loan Party pending before the National Labor Relations Board or any similar state or local labor agency, nor, to the best of the Loan Parties' knowledge, are any of the Loan Parties engaged in any unfair labor practices, and the Loan Parties believe they have good labor relations with their employees.