Common use of Current Proceedings Clause in Contracts

Current Proceedings. No Group Company is involved, whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, mediation, arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claims)) which is material to the business of such Group Company.

Appears in 3 contracts

Samples: Share Purchase Agreement (Brinks Co), Second Share Purchase Agreement (Brinks Co), Share Purchase Agreement (Brinks Co)

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Current Proceedings. No Group Company is involved, involved whether as claimant or defendant or other party in any material claim, legal action, proceeding, suit, litigation, prosecution, mediationinvestigation, enquiry or arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claims€500,000). For the purposes of paragraph 11 “material” means a claim, legal action, proceeding, suit, litigation, prosecution, investigation, enquiry or arbitration (or related series of such) the aggregats value of which is material to the business of such Group Companyexceeds €200,000.

Appears in 1 contract

Samples: Share Purchase Agreement (Intercontinental Hotels Group PLC /New/)

Current Proceedings. No Group Company is involved, involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, mediationinvestigation, enquiry, mediation or arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claims)business) which is material to the business of such the Group Companyas a whole.

Appears in 1 contract

Samples: Sale and Purchase Agreement (PCCW LTD)

Current Proceedings. No Group Company is involved, involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, mediationinvestigation, enquiry or arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business business) (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claims)"Litigation") which is material to the business of such Group Companythe Group.

Appears in 1 contract

Samples: International Share Sale Agreement (Cooper Companies Inc)

Current Proceedings. No Group Company is involved, involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, mediationinvestigation, enquiry, mediation or arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claimsUS$250,000)) ), which is material to the business of such Group Companythe Group.

Appears in 1 contract

Samples: Share Purchase Agreement (Reuters Group PLC /Adr/)

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Current Proceedings. No Group Company is involvedinvolved or has, in the past 24 months, been involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, mediationinvestigation, enquiry, mediation or arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claimsGBP 100,000)) which is material to the business of such the Group Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Hain Celestial Group Inc)

Current Proceedings. No Group Company is involved, involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, mediationinvestigation, enquiry or arbitration or other dispute resolution proceedings (other than as claimant in the collection of debts arising in the ordinary and usual course of its business (none of which exceeds £100,000 for uninsured claims and £500,000 for insured claims)) which is material to the business of such the Group CompanyCompanies as a whole.

Appears in 1 contract

Samples: Share Purchase Agreement (Strategic Hotels & Resorts, Inc)

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