No Litigation, Etc. No litigation, arbitration, governmental investigation, proceeding or inquiry shall, on the date of the Initial Loan, be pending or, to the knowledge of the Borrower, threatened in writing with respect to any of the transactions contemplated hereby which could, in the reasonable opinion of the Administrative Agent, be adverse in any material respect to the Borrower.
Appears in 6 contracts
Samples: Credit Agreement (FS Global Credit Opportunities Fund-D), Credit Agreement (American Capital, LTD), Credit Agreement (FS Investment Corp II)
No Litigation, Etc. No litigation, arbitration, governmental investigation, proceeding or inquiry shall, on the date of the Initial Loaninitial Loans, be pending or, to the knowledge of the Borrower, threatened in writing with respect to any of the transactions contemplated hereby which couldwould, in the reasonable opinion of the Administrative AgentRequired Lenders, be adverse in any material respect to, or be detrimental to the Borrowerinterests of, any of the parties hereto.
Appears in 3 contracts
Samples: Credit Agreement (Special Value Continuation Partners, LP), Credit Agreement (Tennenbaum Opportunities Partners V, LP), Credit Agreement (Special Value Continuation Partners, LP)
No Litigation, Etc. No litigation, arbitration, governmental investigation, proceeding or inquiry shall, on the date of the Initial Loaninitial Loans, be pending or, to the knowledge of the Borrower, threatened in writing with respect to any of the transactions contemplated hereby which couldwould, in the reasonable opinion of the Administrative AgentControlling Class, be adverse in any material respect to, or be detrimental to the Borrowerinterests of, any of the parties hereto.
Appears in 2 contracts
Samples: Credit Agreement (Special Value Opportunities Fund LLC), Credit Agreement (Special Value Expansion Fund, LLC)
No Litigation, Etc. No material litigation, arbitration, governmental investigation, proceeding or inquiry shall, on the date of the Initial Loan, be pending or, to the knowledge of the Borrower, threatened in writing with respect to any of the transactions contemplated hereby which could, in the reasonable opinion of the Administrative Agent, be adverse in any material respect to the Borrower.
Appears in 1 contract
Samples: Credit Agreement (FS Global Credit Opportunities Fund)
No Litigation, Etc. No litigation, arbitration, governmental investigation, proceeding or inquiry shall, on the date of the Initial Loan, be pending or, to the knowledge of the Borrower, threatened in writing with respect to any of the transactions contemplated hereby which could, in the reasonable opinion of the Administrative AgentLender, be adverse in any material respect to the Borrower.
Appears in 1 contract
