Judgments or Litigation. Except as set forth on Schedule 6.9, there is no material (a) judgment, order, writ or decree outstanding against Borrower or (b) pending or, to the best of Borrower’s knowledge, threatened litigation, contested claim, governmental, administrative or regulatory investigation, arbitration, or governmental audit (for taxes or otherwise) or proceeding by or against Borrower. No judgment, order, writ, decree, pending or threatened litigation, contested claim, investigation, arbitration and governmental proceeding pertaining to Borrower (individually or in the aggregate) could reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Term Loan and Security Agreement (New World Brands Inc), Credit Line and Security Agreement (New World Brands Inc), Term Loan and Security Agreement (New World Brands Inc)
Judgments or Litigation. Except as set forth on Schedule 6.9the Disclosure Schedule, there is no material (a) judgment, order, writ or decree outstanding against Borrower or (b) pending or, to the best of Borrower’s 's knowledge, threatened litigation, contested claim, governmental, administrative or regulatory investigation, arbitration, or governmental audit (for taxes or otherwise) or proceeding by or against Borrower. No judgment, order, writ, decree, pending or threatened litigation, contested claim, investigation, arbitration and governmental proceeding pertaining to Borrower (individually or in the aggregate) could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (AMERI Holdings, Inc.)