Common use of Absence of Litigation Events Clause in Contracts

Absence of Litigation Events. There shall not have been issued any injunction, order or decree that prohibits or limits any of the transactions contemplated by any of the Loan Documents and there shall not be any action, suit, proceeding or investigation pending or, to the Best Knowledge of Borrower, currently threatened against Borrower or any of the Lenders which (i) questions the validity of this Agreement or any other Loan Document or the right of Borrower or any of the Lenders to enter into this Agreement or any other Loan Document or to consummate the transactions contemplated hereby or thereby, (ii) might result, either individually or in the aggregate, in any Material Adverse Change, or (iii) might result in any change in the current equity ownership of Borrower.

Absence of Litigation Events. There shall not have been issued any injunction, order or decree that prohibits or limits any of the transactions contemplated by any of the Loan Documents and there shall not be any action, suit, proceeding or investigation pending or, to the Best Knowledge of Borrower, currently threatened against Borrower or any of the Lenders which (i) questions the validity of this Agreement or any other Loan Document or the right of Borrower or any of the Lenders to enter into this Agreement or any other Loan Document or to consummate the transactions contemplated hereby or thereby, (ii) might result, either individually or in the aggregate, in any Material Adverse Change, or (iii) might result in any change in the current equity ownership of Borrower.. SOURCES AND