Common use of Absence of Claims Clause in Contracts

Absence of Claims. As of the date hereof, no litigation, proceeding or controversy before any court or governmental agency is pending, and there is no pending claim, action or proceeding against Parent or any of its subsidiaries, and, to the best of Parent's knowledge after reasonable inquiry, no such litigation, proceeding, controversy, claim or action has been threatened or is contemplated, which, in any case, is reasonably likely, individually or in the aggregate, to have a Material Adverse Effect on Parent or to hinder or delay consummation of the transactions contemplated hereby.

Absence of Claims. As of the date hereof, no litigation, proceeding or controversy before any court or governmental agency is pending, and there is no pending claim, action or proceeding against Parent or any of its subsidiaries, and, to the best of Parent's knowledge after reasonable inquiry, no such litigation, proceeding, controversy, claim or action has been threatened or is contemplated, which, which in any case, case is reasonably likely, individually or in the aggregate, to have a Material Adverse Effect on Parent or to hinder or delay consummation of the transactions contemplated hereby. SECTION 4.13.