Judgments and Litigation. There is no pending or threatened claim, audit, investigation, action or other legal proceeding or judgment or order of any court, agency or other governmental authority or arbitrator which involves Debtor or the Collateral and which might have a material adverse effect upon the Collateral, the Debtor, its business, operations, affairs or condition (financial or otherwise), or threaten the validity of this Agreement or any related document or action. Debtor will immediately notify Secured Party upon acquiring knowledge of the foregoing.
Judgments and Litigation. There is no pending or threatened claim, audit, investigation, action or other legal proceeding or judgment, order or award of any court, agency or other governmental authority or arbitrator which involves the Borrower, its Subsidiaries or their respective assets and might have a material adverse effect upon the Borrower or any Subsidiary or threaten the validity of the Credit or any Transaction Document (any, an “Action”).
Judgments and Litigation. None Additional Affirmative Covenants (§3)
Judgments and Litigation. There is no pending or threatened claim, audit, investigation, action or other legal proceeding or judgment, order or award of any court, agency or other governmental authority or arbitrator that involves Pledgor or any of the Collateral and might have a material adverse effect upon, or threaten the validity of, this Agreement or any of the Collateral. Pledgor shall immediately notify the Bank upon acquiring knowledge of such an action.
Judgments and Litigation. There is no outstanding judgment, ------------------------ order or award of any court, agency or other governmental authority or of any arbitrator, and no pending or threatened claim, audit or investigation, and no pending or threatened action or other legal proceeding, by or before any court, agency or other governmental authority or before any arbitrator, that (i) is against, or otherwise involves, the Borrower, any Subsidiary or any asset of the Borrower or of any Subsidiary, and which has had or (so far as the Borrower or any Subsidiary can foresee) will or might have any Material Adverse Effect, or (ii) renders invalid, or questions the validity of, any Loan Document or any action taken or to be taken pursuant to any Loan Document.
Judgments and Litigation. There is no pending, or to the knowledge of Borrower, any threatened claim, audit, investigation, action or other legal proceeding or judgment, order or award of any court, agency or other governmental authority or arbitrator (any, an “Action”) which involves the Borrower, its Subsidiaries or their respective assets which would have a material adverse effect upon the Borrower or any Subsidiary or threaten the validity of the Credit, any Transaction Document or any related document or action, except for tax audits of federal and state agencies . Borrower will immediately notify Bank upon acquiring knowledge of the foregoing.
Judgments and Litigation. As of the date hereof and except as set forth on Schedule 6.9, there is no (a) judgment, order, writ or decree outstanding against the Borrowers or (b) pending or, to the best of the Borrowers’ knowledge, threatened litigation, contested claim, governmental, administrative or regulatory investigation, arbitration, or governmental audit (for Taxes or otherwise) or proceeding by or against the Borrowers. Except as specifically set forth and identified on Schedule 6.9, no such matter (individually or in the aggregate) could reasonably be expected to have a Material Adverse Effect.
Judgments and Litigation. Except for Weiner vs. Hardinge Inc., et al. (further described in the Schedule attached hereto and made a part hereof, there is no pending or threatened claim, audit, investigation, action or other legal proceeding or judgment, order or award of any court, agency or other governmental authority or arbitrator which involves the Borrower, its Subsidiaries or their respective assets and might have a material adverse effect upon the Borrower or any Subsidiary or threaten the validity of the Credit or any Transaction Document (any, an “Action”).
Judgments and Litigation. None Additional Affirmative Covenants (§3)
1. The existing outstanding letters of credit of the Borrower and its Subsidiaries shall be blocked against the Loan and advances thereunder. Permitted Indebtedness (§4(a)):
1. the Obligations;
Judgments and Litigation. There is no outstanding judgment, order or award of any Governmental Authority or arbitrator, and no pending or threatened claim, audit, investigation or action or other legal proceeding by or before any Governmental Authority or before any arbitrator, that (i) is against or otherwise involves the Borrower or any Subsidiary or any asset of the Borrower or any Subsidiary and has had or will have any Material Adverse Effect or (ii) renders invalid or questions the validity of any Loan Document or any action taken or to be taken pursuant to any Loan Document. No such outstanding judgment, order or award, and no such audit, investigation or action or other legal proceeding has had or will have any Material Adverse Effect.
