Example ContractsClausesAbsence of Litigation
Absence of Litigation
Absence of Litigation contract clause examples

Absence of Litigation. As of the date hereof, there is no action, suit, investigation, complaint or other proceeding pending, or, to the actual knowledge of the Holder, threatened in writing, against the Holder that would prevent the performance by the Holder of its obligations under this Agreement on a timely basis.

Absence of Litigation. There is no action, suit, claim, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the Company or any of its Subsidiaries, threatened against or affecting the Company or any of its Subsidiaries, or their officers or directors in their capacity as such, that could have a Material Adverse Effect. [Schedule 3(i)] contains a complete list and summary description of any pending or, to the knowledge of the Company, threatened proceeding against or affecting the Company or any of its Subsidiaries, without regard to whether it would have a Material Adverse Effect. The Company and its Subsidiaries are unaware of any facts or circumstances which might give rise to any of the foregoing.

Absence of Litigation. There are no judgments or settlements against or owed by Lyra or its Affiliates or Sublicensees, or, to Lyra’s knowledge, pending litigation against Lyra or its Affiliates or Sublicensees, or litigation threatened against Lyra or its Affiliates or Sublicensees, in each case, related to the Licensed Product, including any such litigation any relating to any Regulatory Filings, Regulatory Approvals, or Marketing Authorizations Controlled by Lyra, its Affiliates or its Sublicensees.

Absence of Litigation. There shall be no action, suit, proceeding or investigation by a Governmental Authority pending or currently threatened in writing against the Company or the Investor # that questions # the validity of this Agreement or # the right of the Company or the Investor to enter into this Agreement or to consummate the transactions contemplated hereby or thereby or # which, if determined adversely, would impose substantial monetary damages on the Company or the Investor as a result of the consummation of the transactions contemplated by this Agreement.

Absence of Litigation. As of the Closing, there shall not be any Action pending or threatened by any Governmental Authority seeking to restrain or prohibit the consummation of the Transactions or which would reasonably be expected to have a Material Adverse Effect.

. No litigation shall be pending or threatened # with respect to this Agreement or any other documents executed in connection herewith or # which could have a Material Adverse Effect.

Absence of Litigation. Except as disclosed in the SEC Reports, there is no action, suit, proceeding, inquiry or investigation before or by the Principal Market, any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its subsidiaries, the Common Shares or any of the Company’s or its subsidiaries’ officers or directors which is outside of the ordinary course of business or individually or in the aggregate material to the Company or any of its subsidiaries. There has not been, and to the knowledge of the Company, there is not pending or contemplated, any

Absence of Litigation or Adverse Matters. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (collectively, a “Proceeding”) (or threatened litigation or proceeding or basis therefor) exists which: # could adversely affect the validity or priority of the Encumbrances granted to the Investor under the Transaction Documents; # could adversely affect the ability of the Company to perform its obligations under the Transaction Documents; # would constitute a default under any of the Transaction Documents; # would constitute such a default with the giving of notice or lapse of time or both; or # would constitute or give rise to a Material Adverse Effect. In addition: # there is no Proceeding before or by any governmental authority or any other Person, pending, or to the best of Company’s knowledge, threatened or contemplated by, against or affecting the Company or any Subsidiary; # there is no outstanding judgment against or affecting the Company or any Subsidiary; and # none of Company or any Subsidiary is in breach or violation of any contract.

Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Company after due and diligent investigation, threatened or contemplated, at law, in equity, in arbitration or before any Governmental Authority, by or against the Company or any of its Subsidiaries or against any of their properties or revenues that # purport to affect or pertain to this Agreement or any other Loan Document, or any of the transactions contemplated hereby, or # would reasonably be expected to have a Material Adverse Effect.

Litigation. You agree to cooperate with the Company beginning on the Effective Date and thereafter (including following your termination of employment for any reason) by making yourself reasonably available to testify on behalf of the Company or any of its affiliates in any action, suit, or proceeding, whether civil, criminal, administrative, or investigative, and to assist the Company, or any affiliate, in any such action, suit, or proceeding, by providing information and meeting and consulting with the Board or its representatives or counsel, or representatives or counsel to the Company, or any affiliate as reasonably requested. The Company agrees to reimburse you for all expenses actually incurred in connection with your provision of testimony or assistance, and if you provide testimony or assistance after the one-year anniversary of your termination as an employee and Board member (or during the first year after your termination as an employee and Board member if no severance is being paid with respect to such time), $200 per hour for your time.

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