Judgment and Proceedings. (A) The entry of any judgment or decree against Originator if the aggregate amount of all judgments and decrees then outstanding against Originator exceeds $25,000,000, and (B) the institution of any litigation, arbitration proceeding or governmental proceeding against Originator which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
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Samples: Intercreditor Agreement (Consumers Energy Co), Intercreditor Agreement (Consumers Energy Co), Receivables Sale Agreement (CMS Energy Corp)
Judgment and Proceedings. (A1) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,000, 25,000,000 and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against Originator which, individually or in the aggregate, if adversely determined, would reasonably be expected to result in a judgment in excess of $50,000,000 or could reasonably be expected to have a Material Adverse Effect.
Appears in 4 contracts
Samples: Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Avnet Inc)
Judgment and Proceedings. (A1) The entry of any judgment or decree against the Originator if the aggregate amount or any of all judgments and decrees then outstanding against Originator exceeds its Subsidiaries in excess of $25,000,000, 15,000,000 and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against the Originator which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
Appears in 4 contracts
Samples: Receivables Sale Agreement (Convergys Corp), Receivables Sale Agreement (Convergys Corp), Receivables Sale Agreement (Convergys Corp)
Judgment and Proceedings. (A1) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Originator and its Subsidiaries exceeds $25,000,00010,000,000, and or (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against Originator which, individually or in the aggregate, could reasonably be expected to have a Material Adverse EffectOriginator.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Pennsylvania Power Co), Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Electric Co)
Judgment and Proceedings. (A1) The entry of any judgment or decree against such Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator exceeds $25,000,0001,000,000, and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against such Originator whichthat, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement (Patterson Dental Co)
Judgment and Proceedings. (A) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,000, and (B) the institution of any litigation, arbitration proceeding proceeding, investigation or governmental proceeding against Originator which, individually or in the aggregate, could reasonably be expected to have a Material Adverse EffectEffect and (C) any material development in any previously disclosed litigation, arbitration proceeding, investigation or governmental proceeding.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Puget Sound Energy Inc), Receivables Sale Agreement (Puget Energy Inc /Wa)
Judgment and Proceedings. (A1) The entry of any judgment or decree against such Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator exceeds $25,000,00010,000,000, and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against such Originator whichthat, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement (Patterson Companies, Inc.)
Judgment and Proceedings. (A1) The entry of any judgment or decree against such Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator exceeds $25,000,0001,000,000, and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against such Originator whichthat, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.;
Appears in 2 contracts
Samples: Receivables Sale Agreement, Receivables Sale Agreement (Patterson Companies, Inc.)
Judgment and Proceedings. (A1) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,00010,000,000, and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against Originator which, individually or in the aggregate, that could reasonably be expected to have a Material Adverse Effect.
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Judgment and Proceedings. (A1) The entry of any judgment or decree against such Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against such Originator and its Subsidiaries exceeds $25,000,0005,000,000, and or (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against such Originator which, individually or in the aggregateif determined adversely to such Originator, could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Receivables Sale Agreement (Insight Enterprises Inc)
Judgment and Proceedings. (A1) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,0001,000,000, and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against Originator which, individually or in the aggregate, which could reasonably be expected to have a Material Adverse Effect.
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Judgment and Proceedings. (A) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,000, and or (B) the institution of any litigation, arbitration proceeding or governmental proceeding against Originator whichOriginator, which individually or in the aggregate, aggregate could reasonably be expected to have a Material Adverse Effect, or which seeks to enjoin performance of or otherwise relates to the Transaction Documents.
Appears in 1 contract
Samples: Receivables Sale Agreement (Anixter International Inc)
Judgment and Proceedings. (A) The entry of any judgment ------------------------ or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,000, 7,500,000 and (B) the institution of any material litigation, arbitration proceeding or governmental proceeding against Originator which, individually or in the aggregate, could reasonably be expected to have a Material Adverse EffectOriginator.
Appears in 1 contract
Samples: Receivables Sale Agreement (Graybar Electric Co Inc)
Judgment and Proceedings. (A1) The entry of any judgment or decree against such Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against such Originator and its Subsidiaries exceeds $25,000,00010,000,000, and (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against such Originator or any of its Subsidiaries which, individually or in the aggregate, aggregate could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Receivables Sale Agreement (Lennox International Inc)
Judgment and Proceedings. (A1) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator and its Subsidiaries exceeds $25,000,000, and (B2) the institution of any litigation, arbitration proceeding proceeding, investigation or governmental proceeding against Originator which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect, and (3) any material development in any previously disclosed litigation, arbitration proceeding, investigation or governmental proceeding.
Appears in 1 contract
Samples: Receivables Sale Agreement (Puget Sound Energy Inc)
Judgment and Proceedings. (A) The entry of any judgment or decree against Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Originator and its Subsidiaries exceeds $25,000,000, 25,000,000 and (B) the institution of any litigation, arbitration proceeding or governmental proceeding against the Originator which, individually or in if the aggregate, could reasonably be expected to have a Material Adverse Effectaggregate amount of all such claims against the Originator and its Subsidiaries exceeds $25,000,000.
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Judgment and Proceedings. (A1) The entry of any judgment or decree against such Originator or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Originator the Originators and their respective Subsidiaries exceeds $25,000,0005,000,000, and or (B2) the institution of any litigation, arbitration proceeding or governmental proceeding against such Originator which, individually or in the aggregate, which could reasonably be expected to have a Material Adverse Effect.
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