Labor Contracts and Disputes. There is no pending or, to Borrower's knowledge, threatened, strike, work stoppage, unfair labor practice claim or other labor dispute against or affecting any Covered Person or its employees which has or is reasonably likely to have a Material Adverse Effect on any Covered Person.
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Samples: Loan Agreement (Angelica Corp /New/), Loan Agreement (Layne Christensen Co), Loan Agreement (Angelica Corp /New/)
Labor Contracts and Disputes. There is no pending or, to Borrower's ’s knowledge, threatened, strike, work stoppage, unfair labor practice claim or other labor dispute against or affecting any Covered Person or its employees which has or is reasonably likely to have a Material Adverse Effect on any Covered Person.
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