Common use of Litigation and Administrative Proceedings Clause in Contracts

Litigation and Administrative Proceedings. Except as disclosed on Schedule 3.04 hereto, there are (a) no lawsuits, actions, investigations, or other proceedings pending or, to the knowledge of each Company, threatened against any Company, or in respect of which any Company may have any liability, in any court or before any Governmental Authority, arbitration board, or other tribunal, that, if adversely determined, could reasonably be expected to have a Material Adverse Effect, (b) no orders, writs, injunctions, judgments, or decrees of any court or government agency or instrumentality to which any Company is a party or by which the property or assets of any Company are bound, and (c) no grievances, disputes, or controversies outstanding with any union or other organization of the employees of any Company, or, to the knowledge of each Company, threats of work stoppage, strike, or pending demands for collective bargaining which could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Exhibit Agreement (PTC Inc.), Credit Agreement (Parametric Technology Corp), Credit Agreement (Parametric Technology Corp)

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Litigation and Administrative Proceedings. Except as disclosed on Schedule 3.04 hereto, there are (a) no lawsuits, actions, investigations, or other proceedings pending or, to the knowledge of each Company, threatened against any Company, or in respect of which any Company may have any liability, in any court or before any Governmental Authority, arbitration board, or other tribunal, that, if adversely determined, could reasonably be expected to have a Material Adverse Effect, (b) no orders, writs, injunctions, judgments, or decrees of any court or government agency or instrumentality to which any Company is a party or by which the property or assets of any Company are boundbound which could reasonably be expected to have a Material Adverse Effect, and (c) no grievances, disputes, or controversies outstanding with any union or other organization of the employees of any Company, or, to the knowledge of each Company, threats of work stoppage, strike, or pending demands for collective bargaining which could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (PTC Inc.), Credit Agreement (PTC Inc.), Credit Agreement (PTC Inc.)

Litigation and Administrative Proceedings. Except as disclosed on Schedule 3.04 6.4 hereto, there are (a) no lawsuits, actions, investigations, examinations or other proceedings pending or, to the knowledge of each CompanyBorrower, threatened against any Company, or in respect of which any Company may have any liability, in any court or before or by any Governmental Authority, arbitration board, or other tribunal, that, if adversely determined, tribunal that could reasonably be expected to have a Material Adverse Effect, (b) no orders, writs, injunctions, judgments, or decrees of any court or government agency or instrumentality Governmental Authority to which any Company is a party or by which the property or assets of any Company are boundbound that could reasonably be expected to have a Material Adverse Effect, and (c) no grievances, disputes, or controversies outstanding with any union or other organization of the employees of any Company, or, to the knowledge of each Company, or threats of work stoppage, strike, or pending demands for collective bargaining which that could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit and Security Agreement (Kratos Defense & Security Solutions, Inc.), Credit Agreement (Sykes Enterprises Inc), Credit Agreement (Sykes Enterprises Inc)

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Litigation and Administrative Proceedings. Except as disclosed on Schedule 3.04 heretoto any of the following matters, any such matter which, if determined adversely, is not reasonably likely to cause or result in a Material Adverse Effect, there are (a) no lawsuits, actions, investigations, or other proceedings pending or, to the knowledge of each Company, or threatened against Borrower or any Companyof its Subsidiaries, or in respect of which Borrower or any Company of its Subsidiaries may have any liability, in any court or before any Governmental Authoritygovernmental authority, arbitration board, or other tribunal, that, if adversely determined, could reasonably be expected to have a Material Adverse Effect, (b) no orders, writs, injunctions, judgments, or decrees of any court or government agency or instrumentality to which any Company is a party or by which the property or assets of any Company are bound, and (c) no grievances, disputes, or controversies outstanding with any union or other organization of the employees of any Company, or, to the knowledge of each Company, or threats of work stoppage, strike, or pending demands for collective bargaining which could reasonably be expected to have a Material Adverse Effectbargaining.

Appears in 1 contract

Samples: Credit and Security Agreement (Aircraft Service International Group Inc)

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