Common use of Absence of Claims Clause in Contracts

Absence of Claims. No litigation, proceeding or controversy before any court or governmental agency is pending, and there is no pending claim, action or proceeding against Purchaser or any of its Subsidiaries, which is reasonably likely, individually or in the aggregate, to materially hinder or delay consummation of the transactions contemplated hereby, and, to the best of Purchaser's knowledge, no such litigation, proceeding, controversy, claim or action has been threatened.

Appears in 2 contracts

Samples: Merger Agreement (Yonkers Financial Corp), Merger Agreement (Atlantic Bank of New York)

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Absence of Claims. No litigation, proceeding or controversy before any court or governmental agency is pending, and there is no pending claim, action or proceeding against the Purchaser, the Purchaser Sub or any of its Subsidiariestheir subsidiaries, which is reasonably likely, individually or in the aggregate, to materially hinder or delay consummation of the transactions contemplated hereby, and, to the best of the Purchaser's knowledge, no such litigation, proceeding, controversy, claim or action has been threatened.

Appears in 1 contract

Samples: Merger Agreement (N-Vision Inc)

Absence of Claims. No litigation, proceeding or controversy before any court or governmental agency is pending, and there is no pending claim, action or proceeding against the Purchaser or any of its Subsidiaries, which is reasonably likely, individually or in the aggregate, to materially hinder or delay consummation of the transactions contemplated hereby, and, to the best of the Purchaser's knowledge, no such litigation, proceeding, controversy, claim or action has been threatened.

Appears in 1 contract

Samples: Merger Agreement (North Central Bancshares Inc)

Absence of Claims. No litigation, proceeding or controversy before any court or governmental agency is pending, and there is no pending claim, action or proceeding against Purchaser Seller or any of its Subsidiaries, which is reasonably likely, individually or in the aggregate, to materially hinder or delay consummation of the transactions contemplated hereby, Subsidiaries and, to the best of PurchaserSeller's knowledge, no such litigation, proceeding, controversy, claim or action has been threatened.

Appears in 1 contract

Samples: Merger Agreement (Atlantic Bank of New York)

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Absence of Claims. No litigation, proceeding or controversy before any ----------------- court or governmental agency is pending, and there is no pending claim, action or proceeding against Purchaser the Purchaser, or any of its Subsidiariessubsidiaries, which is reasonably likely, individually or in the aggregate, to materially hinder or delay consummation of the transactions contemplated hereby, and, to the best of the Purchaser's knowledge, no such litigation, proceeding, controversy, claim or action has been threatened.

Appears in 1 contract

Samples: Merger Agreement (Bostonfed Bancorp Inc)

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