Litigation and Compliance with Law. 12.1 No Group Company is involved (whether as plaintiff, defendant or otherwise) in a civil, criminal, arbitration, administrative or other proceeding (other than in relation to the collection of debts arising in the ordinary course of business of the Company). No Group Company has received any notice, writ or summons in relation to any material civil, criminal, arbitration, administrative or other proceeding (other than in relation to the collection of debts arising in the usual course of business). 12.2 No litigation or arbitration, administrative or criminal or other proceedings against any Group Company is pending or threatened (in each case, by reference to correspondence received) and, so far as the Seller is aware, no fact or circumstance exists which would be reasonably likely to give rise to any material civil, criminal, arbitration, administrative or other proceeding involving any Group Company. 12.3 Each Group Company and each of their respective directors has conducted such Group Company's business and dealt with such Group Company's assets in accordance with all Applicable Laws in all material respects.
Appears in 5 contracts
Samples: Acquisition Agreement, Acquisition Agreement, Acquisition Agreement