Common use of Claims; Judgments Clause in Contracts

Claims; Judgments. There are no unsatisfied judgments or injunctions issued by a court of competent jurisdiction or other governmental agency outstanding against Buyer relating to the Seller Property, or precluding the Closing of the Transactions. Neither the Buyer, nor to Buyer’s knowledge any of the Seller Property is a part, is or has been subject to or, to Buyer’s knowledge, threatened with any claim, demand, action, legal proceeding (whether at law or in equity) or arbitration.

Claims; Judgments. There are no unsatisfied judgments or injunctions issued by a court of competent jurisdiction or other governmental agency outstanding against Buyer Seller relating to the Seller Property, Property or precluding the Closing of the Transactions. Neither the Buyer, Seller nor to Buyer’s knowledge any of the Seller Property is a part, is or has been subject to or, to BuyerSeller’s knowledge, threatened with any claim, demand, action, legal proceeding (whether at law or in equity) or arbitration.