Common use of Judgment and Proceedings Clause in Contracts

Judgment and Proceedings. The entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Finance LLC.

Appears in 4 contracts

Samples: Receivables Sale Agreement (Colorado Interstate Gas Co), Receivables Sale Agreement (Southern Natural Gas Co), Receivables Sale Agreement (Tennessee Gas Pipeline Co)

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Judgment and Proceedings. (A) The entry of any judgment or decree or the institution of any litigation, arbitration proceeding proceeding, investigation or governmental proceeding against Finance LLCthe Borrower and (B) any material adverse development in any previously disclosed litigation, arbitration proceeding, investigation or governmental proceeding.

Appears in 4 contracts

Samples: Loan and Servicing Agreement (SNAP-ON Inc), Loan and Servicing Agreement (Harley Davidson Inc), Loan and Servicing Agreement (Harley Davidson Inc)

Judgment and Proceedings. The entry of any judgment or decree or the institution of any litigation, arbitration proceeding proceeding, investigation or governmental proceeding against Finance LLCthe Borrower, and (y) any material adverse development in any previously disclosed litigation, arbitration proceeding, investigation or governmental proceeding.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (SNAP-ON Inc), Omnibus Amendment (SNAP-ON Inc)

Judgment and Proceedings. The entry of any judgment or decree or the institution filing or commencement of any litigationlitigation or any action, arbitration suit or proceeding by or governmental proceeding before any arbitrator or Governmental Authority against Finance LLCor affecting the Transferor, any Subsidiary or any Affiliate thereof that would reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Sale Agreement (Navistar Financial Corp)

Judgment and Proceedings. The entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Finance LLCthe Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pioneer Standard Electronics Inc)

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Judgment and Proceedings. (A) The entry of any judgment or decree against the Seller; or (B) the institution of any litigation, arbitration proceeding or governmental proceeding against Finance LLCthe Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Agco Corp /De)

Judgment and Proceedings. The entry of any judgment or decree against Originator or any of its Subsidiaries; or the institution of any litigation, arbitration proceeding or governmental proceeding against Finance LLC.proceeding

Appears in 1 contract

Samples: Receivables Sale Agreement (Hypercom Corp)

Judgment and Proceedings. The entry of any judgment or decree or the institution filing or commencement of any litigationlitigation or any action, arbitration suit or proceeding by or governmental proceeding before any arbitrator or Governmental Authority against Finance LLCor affecting the Servicer, any Subsidiary or any Affiliate thereof that would reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Navistar Financial Corp)

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