Common use of Actions, Suits Clause in Contracts

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of such Seller Party’s knowledge, threatened, against or affecting such Seller Party, or any of its properties, in or before any court, arbitrator or other body, that could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Slot Receivables Purchase Agreement (Tenneco Inc), Receivables Purchase Agreement (Tenneco Inc), Receivables Purchase Agreement (Tenneco Inc)

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Actions, Suits. There are no actions, suits or proceedings pendingpending or, or to the best of such Seller Partythe Seller’s knowledge, threatened, threatened against or affecting such the Seller Party, or any of its properties, in or before any court, arbitrator or other body, that which could reasonably be expected to have a Material Adverse EffectEffect upon the ability of the Seller to perform its obligations under this Agreement or any other Transaction Document to which it is a party.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Owens Corning), Receivables Purchase Agreement (Owens Corning)

Actions, Suits. There are no actions, suits or -------------- proceedings pending, or to the best of such Seller Party’s 's knowledge, threatened, against or affecting such Seller Party, or any of its properties, in or before any court, arbitrator or other body, that could reasonably be expected to have would result in a Material Adverse EffectChange.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of such Seller Party’s 's knowledge, threatened, against or affecting such Seller Party, or any of its properties, in or before any court, arbitrator or other body, that could reasonably be expected to have would result in a Material Adverse EffectChange.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Navistar Financial Corp)

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Actions, Suits. There Except as otherwise disclosed to or discussed -------------- with the Managing Agents prior to the date hereof, there are no actions, suits or proceedings pending, or to the best of such Seller Party’s 's knowledge, threatened, against or affecting such Seller Party, or any of its properties, in or before any court, arbitrator or other body, that could reasonably be expected to have a Material Adverse Effect. Such Seller Party is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 1 contract

Samples: Receivables Purchase Agreement (McKesson Hboc Inc)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of such Seller Party’s knowledge, threatened, against or affecting such Seller Party, or any of its properties, in or before any court, arbitrator or other body, that could reasonably be expected to have would result in a Material Adverse EffectChange.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Navistar Financial Retail Receivables Corp)

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