Common use of Litigation and Contingent Obligations Clause in Contracts

Litigation and Contingent Obligations. Except as set forth on Schedule 5.08, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their Officers, threatened in writing against either Borrower or any Material Subsidiary which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Credit Extensions. Other than any liability incident to any litigation, arbitration or proceeding which (a) could not reasonably be expected to have a Material Adverse Effect or (b) is set forth on Schedule 5.08, the Borrowers and their Subsidiaries have no Material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.05.

Appears in 7 contracts

Samples: Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V), Assignment and Assumption (Core Laboratories N V)

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Litigation and Contingent Obligations. Except as set forth disclosed on Schedule 5.085.7, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their Officersexecutive officers, threatened in writing against either or affecting the Borrower or any Material Subsidiary of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Credit Extensions. Other Except as disclosed on Schedule 5.7, other than any liability incident to any litigation, arbitration or proceeding which (a) could not reasonably be expected to have a Material Adverse Effect or (b) is set forth on Schedule 5.08Effect, the Borrowers and their Subsidiaries have Borrower has no Material material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.055.4 which should be disclosed under Agreement Accounting Principles.

Appears in 3 contracts

Samples: Assignment Agreement (Shaw Group Inc), Assignment Agreement (Shaw Group Inc), Credit Agreement (Shaw Group Inc)

Litigation and Contingent Obligations. Except as set forth on in Schedule 5.085.7, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their OfficersAuthorized Officer, threatened in writing against either or affecting the Borrower or any Material Subsidiary which could of the Subsidiaries that could, individually or collectively, reasonably be expected to have a Material Adverse Effect or which that seeks to prevent, enjoin or delay the making of any Credit Extensions. Other than any liability incident to any litigation, arbitration or proceeding which (a) that could not reasonably be expected to have a Material Adverse Effect or (b) is set forth on Schedule 5.08Effect, the Borrowers Borrower and their the Subsidiaries have no Material material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.055.4.

Appears in 3 contracts

Samples: Credit Agreement (Hawkins Inc), Credit Agreement (Hawkins Inc), Credit Agreement (Hawkins Inc)

Litigation and Contingent Obligations. Except as set forth on Schedule 5.085, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their Officers, threatened in writing against either Borrower or any Material Subsidiary which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Credit Extensions. Other than any liability incident to any litigation, arbitration or proceeding which (ai) could not reasonably be expected to have a Material Adverse Effect or (bii) is set forth on Schedule 5.085, the Borrowers and their Subsidiaries have no Material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.055.5.

Appears in 2 contracts

Samples: Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V)

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Litigation and Contingent Obligations. Except as set forth on Schedule 5.085.6 hereto, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their Officersofficers, threatened in writing against either or affecting the Borrower or any Material Subsidiary of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Credit ExtensionsEffect. Other than any liability incident to any litigation, arbitration or proceeding which (ai) could not reasonably be expected to have a Material Adverse Effect or (bii) is set forth on Schedule 5.085.6, the Borrowers and their Subsidiaries have Borrower has no Material material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.055.4.

Appears in 2 contracts

Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Origen Financial Inc)

Litigation and Contingent Obligations. Except as set forth on Schedule 5.085.7, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their Officersofficers, threatened in writing against either Borrower it or any Material Subsidiary of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Credit Extensions. Other than any liability incident to any litigation, arbitration or proceeding which (ai) could not reasonably be expected to have a Material Adverse Effect or (bii) is set forth on Schedule 5.085.7, the Borrowers and their Subsidiaries have it has no Material material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.055.4.

Appears in 1 contract

Samples: Credit Agreement (Keithley Instruments Inc)

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