Known Actions and Proceedings Sample Clauses

Known Actions and Proceedings. Xxxxxxxx and Bethel, jointly and severally, hereby indemnify and save harmless the Neptune Entities from and against any and all losses, liabilities, damages, costs, tax assessments, charges and claims, increases in insurance premiums, not in the ordinary course of business, for policies (comparable to existing coverage at the Effective Date) for renewals to December 31, 2000, and expenses of any kind whatsoever including, without limitation, the costs of defending, cross-claiming or claiming against third parties in respect of any action, claim or matter, including attorney's fees, costs and disbursements at all court and administrative levels, which at any time or from time to time may be paid, incurred or asserted against the Neptune Entities or CSI, as to a direct or indirect result of the operation of CSI and the Business up to and including the Effective Date, including but not limited to the filing of tax returns as set forth in Subsection 6.7, provided that such liability is not the result of any actions taken by the Neptune Entities after the Effective Date. The obligations of Xxxxxxxx and Xxxxxx set forth in this Subsection 10.1 shall be subject to and limited by the following:
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Known Actions and Proceedings. 30 10.2 Right to Set-Off.................................................................................31
Known Actions and Proceedings. The Trust and Xxxxxxxxx, jointly and severally, hereby indemnity and saves harmless the Operating Entities, the Purchaser and Lari and their successors and assigns from and against any and all losses, liabilities, damages, costs, increases in insurance premiums for policies (comparable to existing coverage at the Effective Date) for renewals to December 31, 1999, and expenses of any kind whatsoever including, without limitation, the costs of defending, cross-claiming or claiming against third parties in respect of any action, claim or matter, including legal fees, costs and disbursements on a solicitor and his own client basis and at all court and administrative levels, which at any time or from time to time may be paid, incurred or asserted against the Operating Entities, the Purchaser or Lari, as to a direct or indirect result of the outstanding claims listed in Schedule L or any actions, claims, demands, lawsuits, assessments, penalties, prosecutions or governmental investigations by or against the Operating Entities in respect of the operation of the Business up to and including the Effective Date, provided that such liability is not the result of any actions taken by the Purchaser after the Effective Date, or in respect of any action, claim or matter, including legal fees (on a solicitor and his own client basis), costs and disbursements and at all court and administrative levels, which at any time or from time to time may be paid, incurred or asserted against the Operating Entities, the Purchaser or Lari, as to a direct or indirect result of the sale of any of the interests of the limited partnership units of the Partnerships to the Purchaser, Lari, Neptune or Heritage, as the case may.

Related to Known Actions and Proceedings

  • Actions and Proceedings Lender has the right to appear in and defend any action or proceeding brought with respect to the Property and to bring any action or proceeding, in the name and on behalf of Borrower, which Lender, in its discretion, decides should be brought to protect its interest in the Property.

  • Investigations and Proceedings The parties to this Agreement agree to cooperate fully in any securities regulatory investigation or proceeding or any judicial proceeding with respect to each party’s activities under this Agreement and promptly to notify the other party of any such investigation or proceeding.

  • Complaints and Proceedings (a) The Trust and/or the Distributor shall immediately notify the Company of: (i) the issuance by any court or regulatory body of any stop order, cease and desist order, or other similar order (but not including an order of a regulatory body exempting or approving a proposed transaction or arrangement) with respect to the Trust's Registration Statement or the Prospectus of any Series or Class; (ii) any request by the SEC for any amendment to the Trust's Registration Statement or the Prospectus of any Series or Class; (iii) the initiation of any proceedings for that purpose or for any other purposes relating to the registration or offering of the Trust shares; or (iv) any other action or circumstances that may prevent the lawful offer or sale of Trust shares or any Class or Series in any state or jurisdiction, including, without limitation, any circumstance in which (A) such shares are not registered and, in all material respects, issued and sold in accordance with applicable state and federal law or (B) such law precludes the use of such shares as an underlying investment medium for the Contracts. The Trust will make every reasonable effort to prevent the issuance of any such stop order, cease and desist order or similar order and, if any such order is issued, to obtain the lifting thereof at the earliest possible time.

  • Acts and Proceedings This Agreement has been duly authorized by all necessary action on the part of the Investor, has been duly executed and delivered by the Investor, and is a valid and binding agreement of the Investor.

  • Litigation and Proceedings There are no actions, suits, -------------------------- proceedings or investigations pending or, to the knowledge of the Company after reasonable investigation, threatened by or against the Company or affecting the Company or its properties, at law or in equity, before any court or other governmental agency or instrumentality, domestic or foreign, or before any arbitrator of any kind. The Company has no knowledge of any default on its part with respect to any judgment, order, writ, injunction, decree, award, rule or regulation of any court, arbitrator, or governmental agency or instrumentality, or any circumstance which after reasonable investigation would result in the discovery of such default.

  • Suits and Proceedings To Seller’s Knowledge, except as listed in Exhibit H, there are no legal actions, suits or similar proceedings pending and served, or threatened in writing against Seller or the Property which (i) are not adequately covered by existing insurance and (ii) if adversely determined, would materially and adversely affect the value of the Property, the continued operations thereof, or Seller’s ability to consummate the transactions contemplated hereby.

  • Actions, Suits and Proceedings There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority now pending against or, to the knowledge of the Borrower, threatened against or affecting any Group Member that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or that involve this Agreement or the Transactions.

  • Claims and Proceedings 13 3.17 Taxes........................................................... 14 3.18 Personnel....................................................... 14 3.19

  • Litigation; Proceedings Except as specifically disclosed in the Disclosure Materials, there is no action, suit, notice of violation, proceeding or investigation pending or, to the best knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) which (i) adversely affects or challenges the legality, validity or enforceability of any Transaction Document or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.

  • Actions; Proceedings There are no actions, suits or proceedings pending or, to the knowledge of the Assignor, threatened, before or by any court, administrative agency, arbitrator or governmental body (A) with respect to any of the transactions contemplated by this Assignment Agreement or (B) with respect to any other matter that in the judgment of the Assignor will be determined adversely to the Assignor and will, if determined adversely to the Assignor, materially adversely affect its ability to perform its obligations under this Assignment Agreement.

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