Common use of Labor Contracts and Disputes Clause in Contracts

Labor Contracts and Disputes. There is no collective bargaining agreement or other labor contract covering employees of a Covered Person. As of the date hereof (and to Reseller’s knowledge after making due inquiry, as of the date of each Advance), no union or other labor organization is seeking to organize, or to be recognized as, a collective bargaining unit of employees of a Covered Person. There is no pending or, to Reseller’s knowledge, threatened, strike, work stoppage or other material labor dispute against or affecting any Covered Person or its employees, which has or would be reasonably likely to have a Material Adverse Effect.

Labor Contracts and Disputes. There As of the Effective Date, there is no collective bargaining agreement or other labor contract covering employees of a Covered Person. As of the date hereof (, and to Reseller’s knowledge after making due inquiry, as of the date of each Advance)Borrower's knowledge, no union or other labor organization is seeking to organize, or to be recognized as, a collective bargaining unit of employees of a Covered Person. There is no pending or, to Reseller’s Borrower's knowledge, threatened, strike, work stoppage or other material labor dispute against or affecting any Covered Person or its employees, which has or would be reasonably likely to have a Material Adverse Effect.