Common use of Contingencies, Litigation and Liabilities Clause in Contracts

Contingencies, Litigation and Liabilities. There are no obligations, liabilities, contingencies, direct damages, losses, pecuniary or convertible to pecuniary liability (including monetary adjustment, reasonable attorneys' fees and court costs), claims, actions, lawsuits, investigations, final and non-appealable judgments (including judicial, administrative or arbitration judgements), fines, interest, penalties, costs, expenses and imposition of liens (including the attachment of assets, assets, rights or credits, and/or partial or total, temporary or permanent limitation, to the free use or disposition of any amounts deposited in bank accounts), of any nature, including but not limited to civil, labor, social security, tax, judicial, arbitration or administrative (before or by any person, public entity or arbitrator), involving Linx and its subsidiaries that may result in a loss, individually or in the aggregate, higher than R$ 50,000,000.00 (fifity million Brazilian reais) and which have not been disclosed in Linx’s Reference Form and/or in the Financial Statements of Linx of December 31, 2019 and June 30, 2020.

Appears in 6 contracts

Samples: The Association Agreement (StoneCo Ltd.), The Association Agreement, The Association Agreement (StoneCo Ltd.)

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