Pending and Threatened Litigation Sample Clauses

Pending and Threatened Litigation. Please furnish our auditors with details of any litigation or lawsuits with which Buyer is involved in directly or indirectly, and any claims asserted against Buyer even though legal proceedings have not started, including (1) the nature of any pending or threaten litigation, (2) the progress of the matter to date, (3) the response which is being made or which will be made to the matter, and (4) an evaluation of the likelihood of an unfavorable outcome and an estimate, if one can be made, of the amount or range of potential loss.
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Pending and Threatened Litigation. Except as set forth on Schedule 5.11 hereto, Neither Holdings nor any Joint Issuer is a party to any litigation that is pending or to the knowledge of any Joint Issuer, threatened, which is likely to be determined adversely to Holdings or that Joint Issuer and, which, if so determined, would have a Material Adverse Effect.
Sample 1
Pending and Threatened Litigation. Except as set forth in Exhibit 2, as of the date hereof there are no actions, suits, claims (including products liability claims) or proceedings (a) pending or, (b) to the best knowledge of Transferor, threatened, before any foreign, federal, state, municipal or other governmental court, department, commission, board, bureau, agency, body or instrumentality against Transferor or affiliate of Transferor or affecting the Assets, at law or in equity, which, if determined adversely to Transferor, net of insurance, would have a material adverse effect on the Assets or the Business. Transferor is not a party to or subject to the provisions of any written order, writ, injunction, decree or judgment with respect to the Assets of any court or foreign, federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, any securities exchange or other agency or instrumentality.
Sample 1
Pending and Threatened Litigation. Complaint and Jury Demand filed against Xx Xxxxxx in District Court, City and County of Denver, Colorado in case number 01CV4226. [See Paragraph 12(o)] EXHIBIT D TENANTS-IN-COMMON AGREEMENT
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Pending and Threatened Litigation. There is no action, suit or --------------------------------- proceeding pending against, or to the knowledge of the Borrowers threatened against or affecting, any Borrower, Restricted Subsidiary or the Operating Partnership before any court or arbitrator or any governmental body, agency or official in which there is a reasonable possibility of an adverse decision which would reasonably be likely to have a Material Adverse Effect.
Sample 1
Pending and Threatened Litigation. Except as described on Schedule 3.6, as of the date hereof there are no actions, suits, claims (including products liability claims) or proceedings (a) pending or, (b) to the best Knowledge of Seller, threatened, before any foreign, federal, state, municipal or other governmental court, department, commission, board, bureau, agency, body or instrumentality against Seller or affiliate of Seller or affecting the Assets, at law or in equity, which, if determined adversely to Seller, net of insurance, would have a material adverse effect on the Assets or the Business. Seller is not a party to or subject to the provisions of any written order, writ, injunction, decree or judgment with respect to the Assets of any court or foreign, federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, any securities exchange or other agency or instrumentality.
Sample 1
Pending and Threatened Litigation. There are no pending or, to the knowledge of the Stockholders, threatened matters of litigation, administrative action or examination, claim or demand whatsoever relating to the Real Property.
Sample 1
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Pending and Threatened Litigation. 1. Transcend Services, Inc., Plaintiff vs. Farnam Street Financial, Inc., Defendant in THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION. This case pertains to three leases entered into between Transcend and Defendant for computer and other equipment in 2005 and 0000. Xxxxxx Xxxxxx maintains that only lease schedule #1 contains a fair market value buyout provision. Transcend disagrees. In addition, Farnam Street automatically renewed the leases against Transcend’s wishes when Transcend was attempting in good faith to negotiate lease buyouts. Transcend simply wants to negotiate a reasonable buyout quote as of the end of the original lease terms. A disposition of this dispute adverse to Transcend would be immaterial.
Sample 1
Pending and Threatened Litigation. The Agent shall have received SCHEDULE 5.1(c) and shall have reviewed all such pending or threatened litigation against the Borrowers and their Subsidiaries, and such disclosures shall reveal no conditions unacceptable to the Agent in its sole discretion.
Sample 1

Related to Pending and Threatened Litigation

  • Pending or Threatened Litigation There shall not be pending nor shall there be threatened any legal proceeding commenced by any governmental body, or any other person or entity, in which there is sought any order, injunction, ruling or decree by a court or administrative agency of competent jurisdiction, that would prohibit the consummation of the transactions contemplated by this Agreement, or that would impair materially the ability of Purchaser to realize the benefits of such transaction.

  • No Threatened or Pending Litigation On the Closing Date, no suit, action or other proceeding, or injunction or final judgment relating thereto, shall be threatened or be pending before any court or governmental or regulatory official, body or authority in which it is sought to restrain or prohibit or to obtain damages or other relief in connection with this Agreement or the consummation of the transactions contemplated hereby, and no investigation that might result in any such suit, action or proceeding shall be pending or threatened.

  • Investigations; Litigation There is no investigation or review pending (or, to the knowledge of Parent, threatened) by any Governmental Entity with respect to Parent or any of its Subsidiaries which would have, individually or in the aggregate, a Parent Material Adverse Effect, and there are no actions, suits, inquiries, investigations or proceedings pending (or, to Parent’s knowledge, threatened) against or affecting Parent or its Subsidiaries, or any of their respective properties at law or in equity before, and there are no orders, judgments or decrees of, or before, any Governmental Entity, in each case which would have, individually or in the aggregate, a Parent Material Adverse Effect.

  • Pending Litigation There are no actions, suits, proceedings or written agreements pending, or, to the Company’s knowledge, threatened or proposed, against the Company or any of its Subsidiaries at law or in equity or before or by any federal, state, municipal, or other governmental department, commission, board, or other administrative agency, domestic or foreign, that, either separately or in the aggregate, would reasonably be expected to have a Material Adverse Effect on the Company and any of its Subsidiaries, taken as a whole, or affect issuance or payment of the Subordinated Notes; and neither the Company nor any of its Subsidiaries is a party to or named as subject to the provisions of any order, writ, injunction, or decree of, or any written agreement with, any court, commission, board or agency, domestic or foreign, that either separately or in the aggregate, will have a Material Adverse Effect on the Company and any of its Subsidiaries, taken as a whole.

  • Notification of Threatened Action Each Party will immediately notify the other Party of any information it receives regarding any threatened or pending action, inspection or communication by any Regulatory Authority, which may affect the safety or efficacy claims of any Licensed Product or the continued marketing of any Licensed Product. Upon receipt of such information, the Parties will consult with each other in an effort to arrive at a mutually acceptable procedure for taking appropriate action.

  • No Litigation Threatened No action or proceedings shall have been instituted or threatened before a court or other government body or by any public authority to restrain or prohibit any of the transactions contemplated hereby.

  • No proceedings pending or threatened No litigation, arbitration or administrative proceedings of or before any court, arbitral body or agency which, if adversely determined, might reasonably be expected to have a Material Adverse Effect have (to the best of its knowledge and belief) been started or threatened against it or any of its Subsidiaries.

  • Related Litigation The party that delivers the Arbitration Notice to the other party shall have the option to also commence concurrent legal proceedings with any state or federal court sitting in Salt Lake County, Utah (“Litigation Proceedings”), subject to the following: (a) the complaint in the Litigation Proceedings is to be substantially similar to the claims set forth in the Arbitration Notice, provided that an additional cause of action to compel arbitration will also be included therein, (b) so long as the other party files an answer to the complaint in the Litigation Proceedings and an answer to the Arbitration Notice, the Litigation Proceedings will be stayed pending an Arbitration Award (or Appeal Panel Award (defined below), as applicable) hereunder, (c) if the other party fails to file an answer in the Litigation Proceedings or an answer in the Arbitration proceedings, then the party initiating Arbitration shall be entitled to a default judgment consistent with the relief requested, to be entered in the Litigation Proceedings, and (d) any legal or procedural issue arising under the Arbitration Act that requires a decision of a court of competent jurisdiction may be determined in the Litigation Proceedings. Any award of the arbitrator (or of the Appeal Panel (defined below)) may be entered in such Litigation Proceedings pursuant to the Arbitration Act.

  • No Pending Litigation There is no action, suit, proceeding, investigation or litigation pending or, to the Purchaser’s knowledge, threatened, which either in any one instance or in the aggregate, if determined adversely to the Purchaser would adversely affect the purchase of the Mortgage Loans by the Purchaser hereunder, or the Purchaser’s ability to perform its obligations under this Agreement; and

  • Material Litigation Promptly after the commencement thereof, notice of all actions, suits, investigations, litigation and proceedings before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, affecting any Loan Party or any of its Subsidiaries of the type described in Section 4.01(f), and promptly after the occurrence thereof, notice of any material adverse change in the status or the financial effect on any Loan Party or any of its Subsidiaries of the Material Litigation from that described on Schedule 4.01(f) hereto.

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