Common use of Actions, Suits Clause in Contracts

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of Seller’s knowledge, threatened, against or affecting Seller, 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. Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Johnsondiversey Holdings Inc), Receivables Purchase Agreement (Johnsondiversey Inc), Receivables Purchase Agreement (Johnson Polymer Inc)

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Actions, Suits. There are no actions, suits or proceedings pending, or to the best of the Seller’s 's knowledge, threatened, against or affecting the Seller, 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. The Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 3 contracts

Samples: Purchase and Contribution Agreement (PMC Commercial Trust /Tx), Receivables Purchase Agreement (Agco Corp /De), Receivables Purchase Agreement (Agco Corp /De)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of Seller’s 's knowledge, threatened, against or affecting Seller, 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. Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Jabil Circuit Inc), Receivables Purchase Agreement (Jabil Circuit Inc)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of such Original Seller’s 's knowledge, threatened, against or affecting such Original Seller, 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 Original Seller is not in default with respect to any order of any court, arbitrator or governmental bodybody that could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Transfer Agreement (Interface Inc), Receivables Transfer Agreement (Interface Inc)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of the Seller’s knowledge, threatened, against or affecting the Seller, 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. The Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (LKQ Corp), Receivables Purchase Agreement (LKQ Corp)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of Seller’s knowledge, threatened, against or affecting Seller, the Seller or any of its properties, in or before any court, arbitrator or other body, that could would reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Transaction Documents and the transactions contemplated thereby. Seller is not in default with respect to any order of any court, arbitrator or governmental body, except where such default would not reasonably be expected to have a material adverse effect on the Transaction Documents and the transactions contemplated thereby.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Kyndryl Holdings, Inc.), Receivables Purchase Agreement (Ibm Credit LLC)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of the Seller’s knowledge, threatened, against or affecting the Seller, 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. The Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Agco Corp /De)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of the Seller’s knowledge, threatened, against or affecting Seller, 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, except as previously disclosed or for which reserves in reasonable amounts have been established. The Seller is a not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Odetics Inc)

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Actions, Suits. There are no actions, suits or proceedings pending, or to the best of Seller’s knowledge's Knowledge, threatened, against or affecting Seller, 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. Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cott Corp /Cn/)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of Seller’s knowledge, threatened, against or affecting Seller, 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. Seller is not in default with respect to any order of any court, arbitrator or governmental body, which defaults, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Sale Agreement (Anixter International Inc)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of such Seller’s knowledge, threatened, against or affecting such Seller, 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 is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Johnson Polymer Inc)

Actions, Suits. There are no actions, suits or proceedings pending, or to the best of Seller’s such Seller Party's knowledge, threatened, against or affecting Seller, 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. Seller is not in default with respect to any order of any court, arbitrator or governmental body.. (j) (k)

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kinder Morgan Inc)

Actions, Suits. There are no actions, suits or proceedings pendingpending or, or to the best of the Seller’s knowledge, threatened, threatened against or affecting Seller, the Seller 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. The Seller is not in default with respect to any order of any court, arbitrator or governmental body.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Presidio, Inc.)

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