Common use of Employee Controversies Clause in Contracts

Employee Controversies. Except as set forth on Schedule 5.13, there are no strikes, work stoppages or controversies pending or, to Borrower's knowledge after diligent inquiry and investigation, threatened, between Borrower and any of its employees, other than employee grievances which are not, in the aggregate, material to the financial conditions or results of operations or business of Borrower."

Employee Controversies. Except as set forth on Schedule 5.13, there There are no strikes, work stoppages or controversies pending or, to the best of Borrower's knowledge after diligent inquiry and investigation, threatened, between Borrower and any of its employees, other than employee grievances arising in the ordinary course of business which are not, in the aggregate, material to the financial conditions or condition, results of operations or business of Borrower."