Common use of Actions, Suits or Proceedings Clause in Contracts

Actions, Suits or Proceedings. There are no actions, suits 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 the Borrower, threatened against or affecting the Borrower or any properties or rights of the Borrower which, if adversely determined, could materially impair the right of it to carry on its business substantially as now conducted or could have a material adverse effect upon its financial condition.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Pawnmart Inc), Revolving Credit Agreement (Pawnmart Inc), Loan Agreement (Pawnmart Inc)

AutoNDA by SimpleDocs

Actions, Suits or Proceedings. There are no actions, suits 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 the any Borrower, threatened against or affecting the Borrower any Borrower, any Subsidiary or any properties or rights of the any Borrower which, if adversely determined, could would, individually or collectively, materially impair the right of it any Borrower to carry on its business substantially as now conducted or could have a material adverse effect upon its financial conditionMaterial Adverse Effect.

Appears in 1 contract

Samples: Note Purchase Agreement (Mca Financial Corp /Mi/)

Actions, Suits or Proceedings. There are no actions, suits 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 the Borrower's knowledge, threatened against or affecting the Borrower or any Restricted Subsidiary or any properties or rights of the Borrower or any Restricted Subsidiary, which, if adversely determined, could materially impair the right of it to carry on its business substantially as now conducted or could would have a material adverse effect upon its financial conditionMaterial Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Organic Inc)

AutoNDA by SimpleDocs

Actions, Suits or Proceedings. There are no actions, suits 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 the any Borrower, threatened against or affecting the a Borrower or any properties or rights of the a Borrower which, if adversely determined, could materially impair the right of it to carry on its business substantially as now conducted or could have a material adverse effect upon its financial condition.

Appears in 1 contract

Samples: Credit Agreement (Xponential Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!