Common use of Employee Controversies Clause in Contracts

Employee Controversies. There are no strikes, work stoppages or controversies pending or, to the best of the Borrower's knowledge after diligent inquiry and investigation, threatened, between either the Borrower, the Company or any of the Guarantor Subsidiaries and any of their employees, other than employee grievances arising in the ordinary course of business which will not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

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Employee Controversies. There are no strikes, work stoppages or controversies pending or, to the best of the Borrower's knowledge after diligent inquiry and investigation, threatened, between either the Borrower, the Company or any of the Guarantor Subsidiaries Borrower and any of their its employees, other than employee Employee grievances arising in the ordinary course of business which will are not, individually or in the aggregate, have a Material Adverse Effectmaterial to the financial condition, results of operations or business of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Minuteman International Inc)

Employee Controversies. There are no strikes, work stoppages or controversies pending or, to the best of the Borrower's knowledge after diligent inquiry and investigation, threatened, between either the Borrower, the Company or any of the Guarantor Subsidiaries Borrower and any of their its employees, other than employee grievances arising in the ordinary course of -39- 41 business which will are not, individually or in the aggregate, have a Material Adverse Effectmaterial to the financial condition, results of operations or business of Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Spincycle Inc)

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Employee Controversies. There are no strikes, work stoppages or controversies pending or, to the best of the Borrower's knowledge after diligent inquiry and investigation, threatened, between either the Borrower, the Company Borrower or any of the Guarantor its Subsidiaries and any of their employees, other than employee grievances arising in the ordinary course of business which will not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Magna Group Inc)

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