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Pending Litigation
Pending Litigation contract clause examples

Litigation. Other than litigation/arbitration as disclose to AVANT via Mansour Khatib, AI-NOVA ’s CMO, and/or via public filing by AI-NOVA , there are no actions, suits or proceedings pending or, to AI-NOVA ’s knowledge, threatened, against AI-NOVA before any Governmental Authority which question AI-NOVA ‘s right to enter into or perform this Agreement, or which question the validity of this Agreement or any of the other Transaction Documents.

Litigation. To the knowledge of the Responsible Officers of the Borrower, there are no actions, suits, proceedings, investigations, civil investigative demands, litigations, claims, disputes or proceedings, pending or threatened or contemplated, at law, in equity, in arbitration or before any Governmental Authority, by or against the Borrower or any of its Restricted Subsidiaries or against any of their respective properties or revenues or orders, decrees, judgments, rulings, injunctions, writs, temporary restraining orders or other orders of any nature issued by any court or Governmental Authority that # purport to affect, pertain to or enjoin or restrain the execution, delivery or performance of the Loan Documents, or any of the transactions contemplated hereby or thereby, # either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect, or # purport to affect the legality, validity or enforceability of the Loan Documents or the consummation of the transactions contemplated hereby and thereby.

Litigation. Except as set forth in [Section 3.12] of the Disclosure Schedule, there is no action, suit, proceeding, claim, arbitration or investigation (each, an “Action”) pending or threatened in writing (nor to ’s Knowledge, are there any facts which could lead to such an Action), in each case against, affecting or in any way related to or its business at law or in equity, before any Governmental Entity. There are no judgments, orders, rulings, charges, injunctions, notices of violations, decrees or other mandates against . There is no Action pending or threatened in writing (nor to ’s Knowledge, are there any facts which could lead to such an Action), in each case, as of the date of this Agreement against or, to ’s Knowledge, any of its directors or executive officers, alleging a violation of federal or state securities laws that relates to . Nothing set forth in [Section 3.12] of the Disclosure Schedule, either individually or when aggregated with other items set forth on such Schedule, could reasonably be expected to have a Material Adverse Effect.

Litigation. There is no Action pending or, to the knowledge of Patriot and the Bank, threatened in writing (nor to the knowledge of Patriot and the Bank, are there any facts which could lead to such an Action) against Patriot or the Bank, at law or in equity, before any Governmental Entity that challenges the Merger or the validity of this Agreement, or the right of Patriot or the Bank to enter into this Agreement, or to consummate the transactions contemplated hereby.

Litigation. Except as previously disclosed to [[Organization C:Organization]] in writing, there are no: # actions, suits or legal, equitable, arbitration or administrative proceedings pending, or to the knowledge of [[Organization B:Organization]], threatened against [[Organization B:Organization]] which, if determined adversely to [[Organization B:Organization]], may have a Material Adverse Effect; or # outstanding or unpaid judgments against [[Organization B:Organization]].

Litigation. Except as set forth in the Reports, there is no pending or, to the best knowledge of , threatened action, suit, proceeding or investigation before any court, governmental agency or body, or arbitrator having jurisdiction over , or any of its Affiliates that would affect the execution by of, or the performance by of its obligations under, the Transaction Documents. Except as disclosed in the Reports, there is no pending or, to the best knowledge of , basis for or threatened action, suit, proceeding or investigation before any court, governmental agency or body, or arbitrator having jurisdiction over , or any of its Affiliates which litigation, if adversely determined, would have a Material Adverse Effect.

Litigation. Except for the action described on [Exhibit C] attached hereto, to the best of each Borrower's knowledge, there is no action, suit, investigation or proceeding threatened or pending before any Tribunal against or affecting either Borrower or any properties or rights of any of Borrowers which, if adversely determined, would result in a liability of greater than $250,000.00 or would otherwise result in any Material Adverse Change in the business or condition, financial or otherwise, of Borrowers. Borrowers are not, to the best of their knowledge, in default with respect to any judgment, order, writ, injunction, decree, rule or regulation of any Tribunal.

No Litigation. There shall not exist any action, suit, investigation or litigation, pending in any court or before any arbitrator or Governmental Authority that seeks to enjoin the transactions contemplated hereunder (including [Schedule A] hereto).

no claim or litigation regarding any of the foregoing is pending or, to the knowledge of any Borrower, threatened.

The noticed party will not enter into any waiver, release or settlement for any threatened or pending claim, action, proceeding or investigation or settle any related litigation for which indemnification may be sought under this Agreement (whether or not Indemnified Persons are a formal party to the litigation), unless the waiver, release or settlement includes an unconditional release of each Indemnified Person from any and all liability arising out of the threatened or pending claim, action, proceeding, investigation or litigation.

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