Common use of Claims, Disputes and Litigation Clause in Contracts

Claims, Disputes and Litigation. There are no actions or proceedings pending by or against any Loan Party before any court or administrative agency and Borrower does not have knowledge or belief of any pending or threatened litigation, governmental investigations, or claims, complaints, actions, or prosecutions involving any Loan Party, except for: (a) ongoing collection matters in which such Loan Party is the claimant, petitioner or plaintiff; (b) matters disclosed on Schedule 5.7; and (c) matters that could not reasonably be expected to result in a Material Adverse Change.

Claims, Disputes and Litigation. There are no actions or proceedings Adverse Proceedings pending by or against any Loan Party Borrower before any court or administrative agency Governmental Authority and Borrower does Borrowers do not have knowledge or belief Knowledge of any pending or threatened litigation, governmental investigations, or claims, complaints, actions, or prosecutions Adverse Proceeding involving any Loan Party, except for: (a) ongoing collection matters in which such Loan Party is the claimant, petitioner or plaintiff; , (b) matters the litigation commenced prior to the Closing Date and disclosed on Schedule 5.7; 5.5 and (c) other matters that could not reasonably be expected expected, individually or in the aggregate, to result in a Material Adverse Change.