Declared Contingencies Clause Samples

Declared Contingencies. (a) Appendix 7.13.(a) contains a list of the Declared Contingencies. (b) Except for what is set forth in Appendix 7.13.(a), as of the Closing Date: a. There are no notices of claims by way of judicial, arbitral, administrative or any other means, nor, are the Sellers or the Companies aware of the existence of any situation or fact that could give rise to a claim, trial or legal action that could have a material effect over the assets, rights, contracts or financial position of the Companies; b. There are no notices of claims by way of judicial, arbitral, administrative or any other means, nor, are the Sellers or the Companies aware of the existence of any situation or fact that could give rise to a claim, trial or legal action that could affect the holding of the Securities; Final Version (Unofficial translation) c. There are no notices of claims by way of judicial, arbitral, administrative or any other means, nor, are the Sellers or the Companies aware of the existence of any situation or fact that could give rise to a claim, trial or legal action that could affect the holding, use or operation by SOCAP, of the property and assets which as per the Contract, shall pertain to same after the Closing Date;