ADVERSE OBLIGATIONS; LABOR DISPUTES Sample Clauses

ADVERSE OBLIGATIONS; LABOR DISPUTES. Neither the Borrower nor any of its US Subsidiaries is subject to any contract, agreement, corporate restriction, judgment, decree or order materially and adversely affecting its business, property, assets, operations or condition, financial or otherwise. The Borrower is not in default of any indenture or other agreement evidencing indebtedness or any other material agreement where such default has or could reasonably be expected to result in a Material Adverse Effect. As of the Closing Date, the Borrower is not a party to any labor dispute (other than grievance disputes which do not individually or in the aggregate materially and adversely affect any of its operations, financial condition, or business). There are no material strikes, slow downs, walkouts or other concerted interruptions of operations by employees whether or not relating to any labor contracts.
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ADVERSE OBLIGATIONS; LABOR DISPUTES. No Company shall be subject to any contract, agreement, corporate restriction, judgment, decree or order materially and adversely affecting the business, property, assets, operations or condition, financial or otherwise, of the Companies on a combined basis. No Company shall be a party to any labor dispute other than grievance disputes which do not materially and adversely affect the business, property, assets, operations or condition, financial or otherwise, of the Companies on a combined basis. No Company shall be subject to any material strikes, slow downs, walkouts or other concerted interruptions of operations by employees whether or not relating to any labor contracts, other than strikes, slow downs, walkouts or other concerted interruptions which do not materially and adversely affect the business, property, assets, operations or condition, financial or otherwise, of the Companies on a combined basis.
Sample 1
ADVERSE OBLIGATIONS; LABOR DISPUTES. No Company is subject to any contract, agreement, corporate restriction, judgment, decree or order materially and adversely affecting its business, property, assets, operations or condition, financial or otherwise, is a party to any labor dispute (other than grievance disputes which do not in the aggregate materially and adversely affect any of their respective operations, financial condition, or business), and, there are no material strikes, slow downs, walkouts or other concerted interruptions of operations by employees whether or not relating to any labor contracts.
Sample 1

Related to ADVERSE OBLIGATIONS; LABOR DISPUTES

  • Labor Disputes No labor disturbance by or dispute with employees of the Company or any of its Subsidiaries exists or, to the knowledge of the Company, is threatened which would reasonably be expected to result in a Material Adverse Effect.

  • Labor Disputes and Acts of God Neither the business nor the properties of the Borrower or any Subsidiary or any Guarantor are affected by any fire, explosion, accident, strike, lockout, or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), materially and adversely affecting such business or properties or the operation of the Borrower or such Subsidiary or such Guarantor.

  • Litigation, Labor Controversies, etc There is no pending or, to the knowledge of the Borrower or any of its Subsidiaries, threatened litigation, action, proceeding, investigation or labor controversy

  • Labor Disputes; Compliance (a) Seller has complied in all material respects with all Legal Requirements relating to employment practices, terms and conditions of employment, equal employment opportunity, nondiscrimination, immigration, wages, hours, benefits, collective bargaining and other employment practices, the payment of social security and similar Taxes and occupational safety and health. Seller is not liable for the payment of any Taxes, fines, penalties, or other amounts, however designated, for failure to comply with any of the foregoing Legal Requirements.

  • No Labor Disputes No labor disturbance by or dispute with employees of the Company or any of its subsidiaries exists or, to the knowledge of the Company, is contemplated or threatened, and the Company is not aware of any existing or imminent labor disturbance by, or dispute with, the employees of any of its or its subsidiaries’ principal suppliers, contractors or customers, except as would not have a Material Adverse Effect.

  • Litigation, Environmental and Labor Matters (a) There are no actions, suits, proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any of its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve this Agreement or the Transactions.

  • Absence of Labor Disputes No labor dispute with the employees of the Company or any of its subsidiaries exists or, to the knowledge of the Company, is imminent, which would reasonably be expected to result in a Material Adverse Effect.

  • No Labor Dispute No labor disturbance by or dispute with the employees of any of the Partnership Entities exists or, to the knowledge of the Partnership Parties, is imminent or threatened that could reasonably be expected to have a Material Adverse Effect.

  • Environmental Liabilities No action, proceeding, revocation proceeding, amendment procedure, writ, injunction or claim is pending, or to the Company's knowledge, threatened concerning any Environmental Permit, Hazardous Material or any Hazardous Materials Activity of the Company. The Company is not aware of any fact or circumstance which could involve the Company in any environmental litigation or impose upon the Company any environmental liability.

  • Disclosed Matters Since the date of this Agreement, there has been no change in the status of the Disclosed Matters that, individually or in the aggregate, has resulted in, or materially increased the likelihood of, a Material Adverse Effect.

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