Material Proceedings definition

Material Proceedings means any litigation, investigation or other proceeding by or before any Governmental Authority (i) which involves any of the Credit Documents or any of the transactions contemplated hereby or thereby, or involves the Borrower or any of its Subsidiaries as a party or the property of Borrower or any of its Subsidiaries, and could reasonably be expected to have a Material Adverse Effect if adversely determined, (ii) in which there has been issued an injunction, writ, temporary restraining order or any other order of any nature which purports to restrain or enjoin the making of any requested Extension of Credit, the consummation of any other transaction contemplated by the Credit Documents, or the enforceability of any provision of any of the Credit Documents, (iii) which involves the actual or alleged breach or violation by the Borrower or any of its Subsidiaries of, or default by the Borrower or any of its Subsidiaries under, any Material Agreement or (iv) which involves the actual or alleged violation by the Borrower or any of its Subsidiaries of any applicable law.

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Material Proceedings means any Proceedings which, if successful, are reasonably likely to result in losses which are material to the Company;

Material Proceedings means the Proceedings set forth on Section A.3 of the Company Disclosure Schedule.

Examples of Material Proceedings in a sentence

There are no Material Proceedings pending or, to the best knowledge of Borrower, threatened.
There are no Material Proceedings pending or, to the best knowledge of Borrower, threatened, against any Covered Person.
No Material Proceedings are pending or, to the best knowledge of Borrower, threatened, against Borrower or any Covered Person.
There are no Material Proceedings pending or, to the best knowledge of Reseller, threatened.
As of the Execution Date, there are no Material Proceedings pending or, to the best knowledge of Borrower, threatened.
There shall be no pending Material Proceedings other than as disclosed in Section 12.8 of the Disclosure Schedule.
There are no disputes or threatened disputes that will, or would reasonably be likely to, give rise to any Material Proceedings against a Target Entity.
No Target Entity or Seller Group Member is as at the date of this agreement a party to any investigation, prosecution, arbitration or litigation that will, or would reasonably be likely to, have a Material Adverse Effect on Stayz Group (Material Proceedings).
Other Representations 25 ARTICLE IX COVENANTS 26 Section 9.1. Payment of Series 2010-3 Note 26 Section 9.2. Maintenance of Office or Agency 26 Section 9.3. Payment of Taxes and Governmental Obligations 26 Section 9.4. Conduct of Business and Maintenance of Existence 26 Section 9.5. Compliance with Laws 27 Section 9.6. Notice of Defaults 27 Section 9.7. Notice of Material Proceedings 27 Section 9.8. Further Requests 27 Section 9.9. Further Assurances 27 Section 9.10.
There are no Material Proceedings pending or, to the best knowledge of Borrower, threatened, against any Covered Person, except as set forth in Section 12.8 of the Disclosure Schedule.

More Definitions of Material Proceedings

Material Proceedings shall have the meaning ascribed thereto in Subsection 4.1.1(v) of this Agreement;

Material Proceedings means any litigation, investigation or other proceeding by or before any Governmental Authority (i) which involves any of the Operative Agreements or any of the transactions contemplated thereby, or involves any Credit Party or any of their respective Subsidiaries as a party or the property of any Credit Party or any of their respective Subsidiaries, and could reasonably be expected to have a Material Adverse Effect if adversely determined, (ii) in which there has been issued an injunction, writ, temporary restraining order or any other order of any nature which purports to restrain or enjoin the making of any requested Advance, the consummation of any other transaction contemplated by the Operative Agreements, or the enforceability of any provision of any of the Operative Agreements, (iii) which involves the actual or alleged breach or violation by any Credit Party or any of their respective Subsidiaries of, or default by any Credit Party or any of their respective Subsidiaries under, any Material Agreement or (iv) which involves the actual or alleged violation by any Credit Party or any of their respective Subsidiaries of any Material Law.

Material Proceedings has the meaning given in paragraph 15.1 of Schedule 3; “Material Properties” means all those properties in the International Property Register in the Data Room at 4.01.01 where the annual rent and additional costs combined exceed GBP 200,000 per annum; “Ministry of Justice” means the Secretary of State for Justice acting as part of the Crown, of ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, SW1H 9AJ; “NCS Agreements” means: (i) the Framework Agreement for the Provision of National Citizen Service dated 24 July 2014 between NCS Trust CIC and Ingeus UK Limited; and (ii) Call-off Terms and Conditions for contract for provision of National Citizen Service in EA2, EM2 and NW1 between NCS Trust CIC and Ingeus UK Limited, dated 3 February 2015; “NDPP Agreements” means the Framework Agreement relating to the NHS Diabetes Prevention Programme dated 1 April 2016 between the National Health Service Commissioning Board and Ingeus UK Limited and the Call-Off Contracts for (i) Leeds dated 2 June 2016, (ii) East Midlands dated 2 June 2016, (iii) South East Strategic Clinical Network, (iv) ▇▇▇▇▇▇ ▇▇▇▇▇, Bedfordshire and Luton, (v) Buckinghamshire, Oxford and Berkshire West, (vi) Hampshire and Isle of Wight, (vii) Bradford, (viii) Shropshire, (ix) Durham, (x) Darlington, (xi) Teesside, (xii) ▇▇▇▇▇▇▇▇▇, (xiii) Richmondshire and Whitby, (xiv) Staffordshire, (xv) Northumberland Tyne & Wear, and (xvi) North Durham between the National Health Service Commissioning Board and Ingeus UK Limited; “Non-Breaching Party” has the meaning given in clause 5.5; “Non-Title Warranties” means the Warranties, except for the Title Warranties; “Notifications” has the meaning given in clause 4.3; “Overprovision” has the meaning given in the Tax Schedule; “Pension Schemes” means: (i) each of the pension/ retirement benefit plans in respect of the Employees as set out in 11

Material Proceedings has the meaning given in paragraph 18.3 of Schedule 2;