Common use of Claims and Proceedings Clause in Contracts

Claims and Proceedings. There are no actions, lawsuits or proceedings pending or, to the knowledge of the Business, threatened against the Business affecting in any manner whatsoever its right to execute the Agreement or the ability of the Business to make the payments required under the agreement, or to otherwise comply with the obligations of the Business contained under the Agreement. There are no actions, lawsuits or proceedings at law or in equity, or before any governmental or administrative authority pending or, to the knowledge of the Business, threatened against or affecting the Business or any property or collateral pledged as security for the Loan.

Appears in 4 contracts

Samples: Loan/Forgivable Loan Agreement (Golden Grain Energy), Loan/Forgivable Loan Agreement (Western Iowa Energy, L.L.C.), Piap Loan Agreement (Hydrogen Engine Center, Inc.)

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Claims and Proceedings. There are no actions, lawsuits or proceedings pending or, to the knowledge of the Business, threatened against the Business affecting in any manner whatsoever its right their rights to execute the Agreement Loan or the ability of the Community or Business to make the payments required under the agreementLoan, or to otherwise comply with the obligations of the Business contained under the AgreementLoan. There are no actions, lawsuits or proceedings at law or in equity, or before any governmental or administrative authority pending or, to the knowledge of the Business, threatened against or affecting the Business or any property or collateral pledged as security for the Loan.

Appears in 3 contracts

Samples: Ceba Loan Agreement (Top Air Manufacturing Inc), Ceba Loan Agreement (Urosurge Inc), Ceba Loan Agreement (Hydrogen Engine Center, Inc.)

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Claims and Proceedings. There are no actions, lawsuits or proceedings pending or, to the knowledge of the Business, threatened against the Business affecting in any manner whatsoever its right their rights to execute the Agreement Loan or the ability of the Business to make the payments required under the agreementLoan, or to otherwise comply with the obligations of the Business contained under the AgreementLoan. There are no actions, lawsuits or proceedings at law or in equity, or before any governmental or administrative authority pending or, to the knowledge of the Business, threatened against or affecting the Business or any property or collateral pledged as security for the Loan.

Appears in 1 contract

Samples: Loan Agreement (Lincolnway Energy, LLC)

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