Catastrophic Events; Labor Disputes. No Borrower, and none of their properties, is or has been affected by any fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or other casualty that would reasonably be expected to have a Material Adverse Effect. There are no disputes presently subject to grievance procedure, arbitration or litigation under any of the collective bargaining agreements, employment contracts or employee welfare or incentive plans to which a Borrower is a party, and there are no strikes, lockouts, work stoppages or slowdowns, or, to the best knowledge of each Borrower, jurisdictional disputes or organizing activity occurring or threatened, which in any event would reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Zipcar Inc)
Catastrophic Events; Labor Disputes. No Borrower, and none None of the Borrowers nor any of their properties, properties is or has been affected by any fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or other casualty that would could reasonably be expected to have a Material Adverse Effect. There are no disputes presently subject to grievance procedure, arbitration or litigation under any of the collective bargaining agreements, employment contracts or employee welfare or incentive plans to which a Borrower is a any of the Borrowers are party, and there are no strikes, lockouts, work stoppages or slowdowns, or, to the best knowledge of each Borrowerany of the Borrowers, jurisdictional disputes or organizing activity occurring or threatened, threatened which in any event would could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Venture Loan and Security Agreement (Everyday Health, Inc.)
Catastrophic Events; Labor Disputes. No Borrower, and none None of their properties, Borrower or its properties is or has been affected by any fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or other casualty that would could reasonably be expected to have a Material Adverse Effect. There are no disputes presently subject to grievance procedure, arbitration or litigation under any of the collective bargaining agreements, employment contracts or employee welfare or incentive plans to which a Borrower is a party, and there are no strikes, lockouts, work stoppages or slowdowns, or, to the best knowledge of each Borrower, jurisdictional disputes or organizing activity occurring or threatened, threatened which in any event would could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Venture Loan and Security Agreement (Acusphere Inc)