Common use of Company Litigation Clause in Contracts

Company Litigation. There is no action pending or, to the Company’s Knowledge, threatened, nor any order of any governmental authority is outstanding, against or involving the Company or any of its Subsidiaries or any of their respective officers, directors, stockholders, properties, assets or businesses, whether at law or in equity, before or by any governmental authority, which would reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Jerash Holdings (US), Inc.), Securities Purchase Agreement (Jerash Holdings (US), Inc.), Securities Purchase Agreement (Jerash Holdings (US), Inc.)

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Company Litigation. There is no action Action pending or, to the Company’s KnowledgeKnowledge of the Transferors, threatened, nor any order Order of any governmental authority Governmental Authority is outstanding, against or involving the Company or any of its Subsidiaries or any of their respective officers, directors, stockholders, properties, assets or businesses, whether at law or in equity, before or by any governmental authorityGovernmental Authority, which would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Equity Contribution Agreement, Equity Contribution Agreement (Jerash Holdings (US), Inc.)

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Company Litigation. There is no action pending or, to the Company’s Knowledgeknowledge, threatened, nor any order of any governmental authority is outstanding, against or involving the Company or any of its Subsidiaries or any of their respective officers, directors, stockholders, properties, assets or businesses, whether at law or in equity, before or by any governmental authority, which would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (BT Brands, Inc.)

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