Common use of Litigation; Compliance with Laws Clause in Contracts

Litigation; Compliance with Laws. (a) There are no actions, suits or proceedings at law or in equity by or before any Governmental Authority now pending or, to the knowledge of any Company, threatened against or affecting any Company or any business, property or rights of any such person (i) that challenge the enforceability or validity of any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 9 contracts

Samples: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)

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Litigation; Compliance with Laws. (a) There are no not any actions, suits or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of any Companythe Borrower, threatened against or affecting the Borrower or any Company Subsidiary or any business, property or rights of any such person (i) that challenge the enforceability or validity of any Loan Document involve this Agreement or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 7 contracts

Samples: Credit Agreement (Laboratory Corp of America Holdings), Bridge Term Loan Credit Agreement (Laboratory Corp of America Holdings), Credit Agreement (Laboratory Corp of America Holdings)

Litigation; Compliance with Laws. (a) There are no actions, suits or proceedings at law or in equity by or before any Governmental Authority now pending or, to the knowledge of any Company, threatened against or affecting any Company or any business, property or rights of any such person Company (i) that challenge the enforceability or validity of involve any Loan Document or any of the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (PGT, Inc.), Second Lien Credit Agreement (PGT, Inc.), Credit Agreement (Quest Resource Corp)

Litigation; Compliance with Laws. (a) There are no not any actions, suits suits, proceedings or proceedings governmental investigations at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of any Companythe Company or Original Subsidiary Borrower, threatened in writing against the Company or affecting any Company Subsidiary or any business, property or rights of any such person Person (i) that challenge which involve the enforceability or validity of any Loan Document Documents or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expectedwhich could, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Cummins Inc), Credit Agreement (Cummins Inc), Credit Agreement (Cummins Inc)

Litigation; Compliance with Laws. (a) There Except as set forth in Schedule 3.9, there are no not any actions, suits or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the actual knowledge of any the Company, threatened against or affecting the Company, any Company Subsidiary or any business, property or rights of any such person Person (i) that challenge the enforceability or validity of any Loan Document or the Transactions which involve this Agreement or (ii) as to which there is a reasonable possibility likelihood of an adverse determination and thatwhich, if adversely determined, could reasonably would be expectedlikely, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Equity Residential Properties Trust), Tax Sharing Agreement (Equity Residential Properties Trust), Common Stock and Preferred Stock Purchase Agreement (Wellsford Real Properties Inc)

Litigation; Compliance with Laws. (a) There are no not any actions, suits or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of any Companythe Borrower, threatened against or affecting the Borrower, any Company Subsidiary or any business, property or rights of any such person (i) that challenge the enforceability or validity of involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Knoll Inc), Credit Agreement (Knoll Inc), Credit Agreement (Knoll Inc)

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Litigation; Compliance with Laws. (a) There are no actions, suits or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of Holdings or any CompanySubsidiary, threatened against or affecting Holdings or any Company Subsidiary or any business, property or rights of any such person (i) that challenge the enforceability or validity of involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Alon USA Energy, Inc.)

Litigation; Compliance with Laws. (a) There are no actions, suits or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of Holdings or any CompanySubsidiary, threatened against or affecting Holdings or any Company Subsidiary or any business, property or rights of any such person Person (i) that challenge the enforceability or validity of involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Alon USA Energy, Inc.)

Litigation; Compliance with Laws. (a) There are no actions, suits or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of any Companythe Borrower, threatened against or affecting the Borrower or any Company Subsidiary or any business, property or rights of any such person Person (i) that challenge the enforceability or validity of involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Ener1 Inc)

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