Common use of Employment and Labor Relations Clause in Contracts

Employment and Labor Relations. None of the Loan Parties is engaged in any unfair labor practice that could reasonably be expected, either individually or in the aggregate, to have a Material Adverse Effect. There is (i) no unfair labor practice complaint pending against and of the Loan Parties or, to the knowledge of the Borrower, threatened against any of them, before the National Labor Relations Board, and no grievance or arbitration proceeding arising out of or under any collective bargaining agreement is so pending against any of the Loan Parties or, to the knowledge of the Borrower, threatened against any of them, (ii) no strike, labor dispute, slowdown or stoppage pending against any of the Loan Parties or, to the knowledge of the Borrower, threatened against any of the Loan Parties, (iii) no equal employment opportunity charges or other claims of employment discrimination are pending or, to the Borrower’s knowledge, threatened against any of the Loan Parties, and (iv) no wage and hour department investigation has been made of any of the Loan Parties, except (with respect to any matter specified in clauses (i) through (iv) above, either individually or in the aggregate) such as could not reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Facility Agreement (Transcat Inc), Credit Facility Agreement (Transcat Inc), Credit Facility Agreement (Transcat Inc)

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Employment and Labor Relations. None of the No Loan Parties Party or any Subsidiary is engaged in any unfair labor practice that could reasonably be expected, either individually or in the aggregate, to have a Material Adverse Effect. There is (ia) no unfair labor practice complaint pending against and of the any Loan Parties Party or any Subsidiary or, to the knowledge of the BorrowerLoan Parties, threatened in writing against any of them, them before the National Labor Relations Board, and no grievance or arbitration proceeding arising out of or under any collective bargaining agreement is so pending against any Loan Party or any of the Loan Parties Subsidiaries or, to the knowledge of the BorrowerLoan Parties, threatened in writing against any of them, (iib) no strike, labor dispute, slowdown or stoppage pending against the Loan Parties or any of the Loan Parties Subsidiaries or, to the knowledge of the BorrowerLoan Parties , threatened against any of them, (c) to the knowledge of the Loan PartiesParties , no question concerning union representation with respect to the employees of the Loan Parties , (iiid) no equal employment opportunity charges charge or other claims claim of employment discrimination are pending or, to the Borrower’s knowledgeknowledge of the Loan Parties , threatened in writing against any of them and (e) to the knowledge of the Loan PartiesParties , and (iv) no wage and hour department investigation has been made of any of the Loan PartiesParties , except (with respect to any matter specified in clauses (i‎(a) through (iv‑ ‎(e) above, either individually or in the aggregate) such as could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Debt Agreement (Castle a M & Co)

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