Common use of Actions, Suits, Litigation, or Proceedings Clause in Contracts

Actions, Suits, Litigation, or Proceedings. There are no actions, ---- ----------------------------------------- suits, litigation or proceedings, at law or in equity, and no proceedings before any arbitrator or by or before any governmental commission, board, bureau, or other administrative agency, pending, or, to the best knowledge of Borrower, threatened against or affecting Borrower or any of its Subsidiaries, or any properties or rights of Borrower or any of its Subsidiaries, which, if adversely determined, could have a Material Adverse Effect. Neither Borrower nor any of its subsidiaries is under investigation by, or is operating under any restrictions imposed by, any regulatory body or authority.

Actions, Suits, Litigation, or Proceedings. There are no actions, ---- ----------------------------------------- suits, litigation or proceedings, at law or in equity, and no proceedings before any arbitrator or by or before any governmental commission, board, bureau, or other administrative agency, pending, or, to the best knowledge of Borrower, threatened against or affecting Borrower or any of its Subsidiaries, or any properties or rights of Borrower or any of its Subsidiaries, which, if adversely determined, could reasonably be expected to have a Material Adverse Effect. Neither Borrower nor any of its subsidiaries Subsidiaries is under investigation by, or is operating under any restrictions imposed by, any regulatory body or authority.