Example ContractsClausespending litigationVariants
Pending Litigation
Pending Litigation contract clause examples

#No Material Litigation. No litigation, inquiry, injunction or restraining order shall be pending, entered or threatened (including any proposed statute, rule or regulation) which in the reasonable judgment of any Bank could have a Material Adverse Effect.

No Material Litigation. Except as previously disclosed to the Agent and pursuant to [subsection 4.3], no litigation, inquiry, investigation, injunction or restraining order (including any proposed statute, rule or regulation) shall be pending, entered or threatened which, in the reasonable judgment of the Required , could reasonably be expected to have a Material Adverse Effect.

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