Common use of Current Proceedings Clause in Contracts

Current Proceedings. 11.1.1 No Group Company (nor any person for whose acts or defaults a Group Company is vicariously liable) is involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, investigation, enquiry, mediation, arbitration or other judicial proceedings or hearings before any statutory or governmental body, department, board or agency (other than as claimant in the collection of debts arising in the ordinary course of its business none of which exceeds £500,000) which is material to the business of any Hotel or Group Company.

Appears in 1 contract

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

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Current Proceedings. 11.1.1 No Group Company (nor any person for whose in relation to acts or defaults for which a Group Company is vicariously may be liable) is involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, investigation, enquiry, mediation, investigation or arbitration or other judicial proceedings or hearings before any statutory or governmental body, department, board or agency (other than as claimant in the collection of debts arising in the ordinary course of its business none or in relation to insurance claims in the ordinary and usual course of which exceeds £500,000business) which individually or collectively is material to the business of any Hotel or Group Company.the Group. For the purposes of this paragraph 10.1, “

Appears in 1 contract

Samples: Share Purchase Agreement (PPL Corp)

Current Proceedings. 11.1.1 No Group Company (nor or any person for whose acts or defaults a Group Company is may be vicariously liable) is involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, investigation, enquiry, mediation, mediation or arbitration or other judicial proceedings or hearings before any statutory or governmental body, department, board or agency (other than as claimant in the collection of debts arising in the ordinary and usual course of its business none of which exceeds £500,000and immaterial town and country planning, building and other similar proceedings) which is material to the business of any Hotel or Group Company(each a "Claim").

Appears in 1 contract

Samples: Share Purchase Agreement (Crown Castle International Corp)

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Current Proceedings. 11.1.1 No Group Company (nor or any person for whose acts or defaults a Group Company is may be vicariously liable) is involved whether as claimant or defendant or other party in any claim, legal action, proceeding, suit, litigation, prosecution, investigation, enquiry, mediation, mediation or arbitration where the claim exceeds €250,000 or other judicial proceedings or hearings before any statutory or governmental body, department, board or agency (other than as claimant in the collection of debts arising in the ordinary course of its business none of which exceeds £500,000) which is otherwise material to the business of any Hotel or Group Companyas a whole.

Appears in 1 contract

Samples: Share Purchase Agreement (Primo Water Corp /CN/)

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