Common use of Litigation and Environmental Matters Clause in Contracts

Litigation and Environmental Matters. (a) There are no actions, suits, proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 11 contracts

Samples: Incremental Term Loan Assumption Agreement (TransDigm Group INC), Loan Modification Agreement (TransDigm Group INC), Loan Modification Agreement (TransDigm Group INC)

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Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Credit Party, threatened against or affecting the Loan Parties any Credit Party or any of their Subsidiaries Subsidiary that (i) have not been disclosed in the Disclosed Matters and as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents challenge or would reasonably be expected to affect the Transactionslegality, validity or enforceability of this Agreement. (b) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect Effect, neither of the Credit Parties nor any Subsidiary (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability.

Appears in 9 contracts

Samples: Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the TransactionsEffect. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no No Loan Party nor or any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability that could reasonably be expected to have a Material Adverse Effect and (ii) and except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental LiabilityLiability that could reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co)

Litigation and Environmental Matters. (a) There Other than the Disclosed Matters, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the Transactions. (b) Except for the Disclosed Matters or any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any Environmental Liability.

Appears in 6 contracts

Samples: Abl Credit Agreement (TMS International Corp.), Term Loan Credit Agreement (TMS International Corp.), Term Loan Credit Agreement (TMS International Corp.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Credit Party, threatened against or affecting the Loan Credit Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would that could reasonably be expected, individually or in the aggregate, to result in have a Material Adverse Effect or (ii) that involve in any Loan Documents material respect draws into question the validity or enforceability of this Agreement or the Transactions. (b) Except for any matters that, individually or in the aggregate, would could not reasonably be expected to result in have a Material Adverse Effect Effect, (i) no Loan Credit Party nor any of its Subsidiaries has received written notice of any claim with respect to any Environmental Liability or knows of any basis for any such Environmental Liability Liability, and (ii) no Loan Credit Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) to the knowledge of a Responsible Officer of such Person, has become subject to any Environmental Liability.

Appears in 5 contracts

Samples: Credit Agreement (CF Industries Holdings, Inc.), Credit Agreement (CF Industries Holdings, Inc.), Bridge Loan Agreement (CF Industries Holdings, Inc.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, aggregate would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 5 contracts

Samples: Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened in writing against or affecting the any Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for with respect to any matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party Effect, neither the Company nor any of its Subsidiaries (1i) has in the past three years failed to comply with any Environmental Law or to obtain, maintain or comply with the terms and conditions of any permit, license or other approval required under any Environmental Law or Law, (2ii) has has, to the knowledge of the Borrowers, become subject to any Environmental Liability or (iii) has in the past three years (or earlier if unresolved) received written notice of any claim with respect to any Environmental Liability.

Appears in 5 contracts

Samples: Credit Agreement (Bed Bath & Beyond Inc), Credit Agreement (Bed Bath & Beyond Inc), Credit Agreement (Bed Bath & Beyond Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Partythe Parent Borrower, threatened against or affecting the Loan Parties Parent Borrower or any of their the Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any of the Loan Documents or the Transactions. (b) Except for with respect to any matters that, individually or in the aggregate, would not be reasonably be expected likely to result in a Material Adverse Effect (i) no Loan Party Effect, neither the Parent Borrower nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its the Subsidiaries (1i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability.

Appears in 4 contracts

Samples: Credit Agreement (Pliant Corp), Credit Agreement (Pliant Corp), Working Capital Credit Agreement (Pliant Corpororation)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened in writing against or directly affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except (i) No Loan Party nor any of its Subsidiaries has received written notice of any claim with respect to any material Environmental Liability or knows of any basis for any material Environmental Liability and (ii) except with respect to any other matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) Effect, no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 4 contracts

Samples: Credit Agreement (Furniture Brands International Inc), Credit Agreement (Furniture Brands International Inc), Credit Agreement (Furniture Brands International Inc)

Litigation and Environmental Matters. (a) There Except for the Disclosed Matters, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any of the Loan PartyParties, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except for any matters thatthe Disclosed Matters, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) and except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any Environmental Liability.

Appears in 4 contracts

Samples: Credit Agreement (Kaiser Aluminum Corp), Credit Agreement, Credit Agreement (Kaiser Aluminum Corp)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Partythe Borrower, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) on the Closing Date, that involve any Loan Documents or the Transactions. (b) Except for any matters that, individually or in the aggregate, aggregate would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries or their respective operations or facilities has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and Liability, (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become is subject to any Environmental LiabilityLiability or knows of any basis for any Environmental Liability of any Loan Party or any subsidiary, and (iii) no lien, charge, encumbrance or restriction has been recorded pursuant to any Environmental Law with respect to any assets, facility or property owned, operated or leased by the Company or any of its subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement, Incremental Facility Amendment (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Partythe Parent, threatened against or affecting (i) the Loan Parties Parent or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, its subsidiaries that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) the Parent, the Borrower or any of the Subsidiaries that involve relate to the execution, delivery, validity or enforceability of any Loan Documents Document or the Transactionsperformance of any of the Transactions by any of the parties thereto. (b) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party Effect, neither the Parent nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and subsidiaries (ii) no Loan Party nor any of its Subsidiaries (1i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received written notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability.

Appears in 3 contracts

Samples: Credit and Guarantee Agreement (General Communication Inc), Credit and Guarantee Agreement (General Communication Inc), Credit and Guarantee Agreement (Gci Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge Knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for the Disclosed Matters (i) no Loan Party or any Subsidiary has received notice of any claim with respect to any Environmental Liability, (ii) Knows of any basis for any Environmental Liability that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect and (iii) except with respect to any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) Effect, no Loan Party nor or any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and Subsidiary (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2B) has become subject to any Environmental Liability, or (C) has received notice of any claim with respect to any Environmental Liability.

Appears in 3 contracts

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

Litigation and Environmental Matters. (a) There Except as set forth on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any the Loan PartyParties, threatened in writing against or affecting the any Loan Parties Party or any of their Subsidiaries (i) Subsidiary as to which there is a reasonable possibility of an adverse determination and thatwhich, if adversely determined, would could reasonably be expected, expected individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected aggregate to result in a Material Adverse Effect (iother than Disclosed Matters). (b) Except for Disclosed Matters, no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability, which, in each case, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. (c) Since the date of this Agreement, there has been no material change in the status of the Disclosed Matters.

Appears in 2 contracts

Samples: Credit Agreement (American Apparel, Inc), Credit Agreement (Endeavor Acquisition Corp.)

Litigation and Environmental Matters. (a) There Other than the Disclosed Matters, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the Transactions. (b) Except for the Disclosed Matters or any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no neither any Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no neither any Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any Environmental Liability.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Petco Holdings Inc), Abl Credit Agreement (Petco Holdings Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Partythe U.S. Borrower, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) on the Closing Date, that involve any Loan Documents or the Transactions. (b) Except for any matters that, that individually or in the aggregate, aggregate would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received written notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law Law, or (2) has become is subject to any Environmental Liability.

Appears in 2 contracts

Samples: Credit Agreement (Vestis Corp), Credit Agreement (Vestis Corp)

Litigation and Environmental Matters. (a) There Except as set forth on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority (including, without limitation, the FDA) pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any the Loan Documents or the TransactionsDocuments. (b) Except for any the matters thatdisclosed on Schedule 3.06, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor or any of its Subsidiaries Subsidiary has received notice of any claim with respect to any Environmental Liability that, individually or knows in the aggregate, could not reasonably be expected to result in liability to the Loan Parties in excess of any basis for any Environmental Liability $10,000,000 in the aggregate and (ii) except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in liability to the Loan Parties in excess of $10,000,000 in the aggregate, no Loan Party nor any of its Subsidiaries Subsidiary (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability or knows of any basis for any Environmental Liability.

Appears in 2 contracts

Samples: Credit Agreement (Chefs' Warehouse, Inc.), Credit Agreement (Chefs' Warehouse, Inc.)

Litigation and Environmental Matters. (a) There are no actions, suits, proceedings or investigations by or before any arbitrator or Governmental Authority or any applicable self-regulatory organization pending against or, to the knowledge of any Loan Party, threatened in writing against or affecting the Loan Parties or any of its Subsidiaries or any of their Subsidiaries respective properties (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would that could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no No Loan Party nor any of its Subsidiaries (1i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability that, in each case, individually in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Flywire Corp), Credit Agreement (Flywire Corp)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no No Loan Party nor any of its Subsidiaries Subsidiary has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) and except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor any of its Subsidiaries Subsidiary (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any Environmental Liability, (C) has received notice of any claim with respect to any Environmental Liability or (D) knows of any basis for any Environmental Liability.

Appears in 2 contracts

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

Litigation and Environmental Matters. (a) There Except as set forth on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority (including, without limitation, the FDA) pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any the Loan Documents or the TransactionsDocuments. (b) Except for any the matters thatdisclosed on Schedule 3.06, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor or any of its Subsidiaries Subsidiary has received notice of any claim with respect to any Environmental Liability that, individually or knows in the aggregate, could not reasonably be expected to result in liability to the Loan Parties in excess of any basis for any Environmental Liability $10,000,000 in the aggregate and (ii) except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in liability to the Loan Parties in excess of $10,000,000 in the aggregate, no Loan Party nor any of its Subsidiaries Subsidiary (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability or knows of any basis for any Environmental Liability.

Appears in 2 contracts

Samples: Credit Agreement (Chefs' Warehouse, Inc.), Credit Agreement (Chefs' Warehouse, Inc.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Partythe Borrower, threatened against or affecting the either Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregateaggregate (excluding from such aggregate any Disclosed Matters), to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents or the Transactionsthis Agreement. (b) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregateaggregate (excluding from such aggregate any Disclosed Matters), would could not reasonably be expected to result in a Material Adverse Effect (i) no Effect, neither Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and no Subsidiary (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2B) has become subject to any Environmental Liability or (C) has received notice of any claim with respect to any Environmental Liability.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Anthem Inc), Credit Agreement (Anthem Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for the Disclosed Matters or with respect to any other matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect (i) as of the Effective Date, no Loan Party nor or any of its Subsidiaries Subsidiary has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor or any of its Subsidiaries Subsidiary (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law Law, (B) has incurred any Environmental Liability or (2C) has become subject to knows of any threatened Environmental Liability.

Appears in 2 contracts

Samples: Credit Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the TransactionsEffect. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no No Loan Party nor or any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability that could reasonably be expected to have a Material Adverse Effect and (ii) and except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental LiabilityLiability that could reasonably be expected to have a Material Adverse Effect. .

Appears in 1 contract

Samples: Credit Agreement (Levi Strauss & Co)

Litigation and Environmental Matters. (a) There Except as set forth on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority (including, without limitation, the FDA) pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any the Loan Documents or the TransactionsDocuments. (b) Except for any the matters thatdisclosed on Schedule 3.06, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor or any of its Subsidiaries Subsidiary has received notice of any claim with respect to any Environmental Liability that, individually or knows in the aggregate, could not reasonably be expected to result in liability to the Loan Parties in excess of any basis for any Environmental Liability $10,000,000 in the aggregate and (ii) except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in liability to the Loan Parties in excess of $10,000,000 in the aggregate, no Loan Party nor any of its Subsidiaries Subsidiary (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.or

Appears in 1 contract

Samples: Credit Agreement (Chefs' Warehouse, Inc.)

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Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or 59562397_5 LEGAL_US_E # 113892680.8124105178.14 affecting the any Loan Parties Party or any of their its Restricted Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for any matters thatthe Disclosed Matters, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) as of the Effective Date, no Loan Party nor or any of its Restricted Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) and except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor or any of its Restricted Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Planet Fitness, Inc.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Partythe Borrower, threatened against or affecting the either Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregateaggregate (excluding from such aggregate any Disclosed Matters), to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents or the Transactionsthis Agreement. (ba) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregateaggregate (excluding from such aggregate any Disclosed Matters), would could not reasonably be expected to result in a Material Adverse Effect (i) no Effect, neither Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and no Subsidiary (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2B) has become subject to any Environmental Liability or (C) has received notice of any claim with respect to any Environmental Liability.

Appears in 1 contract

Samples: Loan Agreement (Anthem Inc)

Litigation and Environmental Matters. (a) There Except as set forth on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their Subsidiaries Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for with respect to any matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor or any of its Subsidiaries Subsidiary has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor or any of its Subsidiaries Subsidiary (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any Environmental Liability, (C) has received notice of any claim with respect to any Environmental Liability or (D) knows of any basis for any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Vital Farms, Inc.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Specified Loan Party, threatened in writing against or affecting Holdings, the Loan Parties Borrower or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, Restricted Subsidiary that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the TransactionsEffect. (b) Except for any matters thatas would not, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect Effect, none of Holdings, the Borrower or any Restricted Subsidiary (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license 92 Blue Bird Body Company Credit Agreement or other approval required under any Environmental Law Law, (ii) has, to the knowledge of any Specified Loan Party, become subject to any Environmental Liability, (iii) has received written notice of any claim with respect to any Environmental Liability or (2iv) has has, to the knowledge of any Specified Loan Party, any basis to reasonably expect that Holdings, the Borrower or any Restricted Subsidiary will become subject to any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the TransactionsEffect. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no No Loan Party nor or any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability that could reasonably be expected to have a Material Adverse Effect and (ii) and except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Levi Strauss & Co)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge Knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their Subsidiaries Group member (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents Document or the Transactions. (b) Except for the Disclosed Matters (i) no Group member has received written notice of any claim with respect to any material Environmental Liability, (ii) Knows of any basis for any Environmental Liability that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect and (iii) except with respect to any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) Effect, no Loan Party nor or any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and other Group member (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2B) has become subject to any Environmental Liability, or (C) has received written notice of any claim with respect to any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Frank's International N.V.)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their respective Restricted Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no No Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Restricted Subsidiaries (1i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability that, in each case, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Sailpoint Technologies Holdings, Inc.)

Litigation and Environmental Matters. (a) There Except for the Disclosed Matters, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility likelihood of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect Effect, (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Dura Automotive Systems Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any a Loan Party, threatened against or affecting the a Loan Parties Party or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve this Agreement, any of the other Loan Documents or the Transactions. (b) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Effect, neither a Loan Party nor any of its Subsidiaries (1i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Carey W P & Co LLC)

Litigation and Environmental Matters. (a) There Except as set forth on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the TransactionsEffect. (b) Except for with respect to any matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect Effect, (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) and no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2) has become subject to any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Maytag Corp)

Litigation and Environmental Matters. (a1) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened in writing against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any Loan Documents this Agreement or the Transactions. (ba) Except for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect Effect, (i) no Loan Party nor any of its Subsidiaries Restricted Subsidiary has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries Restricted Subsidiary (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any known Environmental Liability. (b) Since the Second Restatement Date, there has been no change in the status of the Disclosed Matters that, individually or in the aggregate, has resulted, or could reasonably be expected to result, in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Wesco International Inc)

Litigation and Environmental Matters. (a) There are no actionsNo litigation, suits, proceedings investigation or investigations by proceeding of or before any arbitrator arbitrators or Governmental Authority Authorities is pending against or, to the knowledge of any Loan Partythe Borrower, threatened CHAR1\1185130v10 against or affecting the Loan Parties Borrower or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would that could reasonably be expectedexpected to have, either individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve which in any manner draws into question the validity or enforceability against the Borrower or any Loan Documents Party of this Agreement or the Transactionsany other Loan Document. (b) Except for any matters that, individually or in Neither the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party Borrower nor any of its Subsidiaries (1i) has failed to comply with any applicable Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any applicable Environmental Law or Law, (2ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability, except for any failure or Environmental Liability that would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ruby Tuesday Inc)

Litigation and Environmental Matters. (a) There are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their its Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and thatwhich, if adversely determined, would might reasonably be expected, individually or in the aggregate, expected to result in a Material Adverse Effect. No judgment or order of a court, arbitral body or agency which might reasonably be expected to have a Material Adverse Effect has (to the best of its knowledge and belief) been made against it or (ii) that involve any Loan Documents or the Transactionsof its Subsidiaries. (b) Except for with respect to any matters that, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect Effect, (i) no none of the Loan Party Parties nor any of its their respective Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law and (ii) no Environmental Claim has been commenced or (2) has become subject to the best of the knowledge of any Environmental LiabilityLoan Party, having made all reasonable enquiries), is threatened against any Loan Party or any of its Subsidiaries.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility (Moove Lubricants Holdings)

Litigation and Environmental Matters. (a) There are no No actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority are pending against or, to the knowledge of any Loan Party, threatened against or affecting the any Loan Parties Party or any of their Subsidiaries Restricted Subsidiary (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents this Agreement or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no No Loan Party nor or any of its Subsidiaries Restricted Subsidiary has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, no Loan Party nor or any of its Subsidiaries Restricted Subsidiary (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or Law, (2B) has become subject to any Environmental Liability, (C) has received notice of any claim with respect to any Environmental Liability or (D) knows of any basis for any Environmental Liability.

Appears in 1 contract

Samples: Credit Agreement (Akorn Inc)

Litigation and Environmental Matters. (a) There Other than as listed on Schedule 3.06, there are no actions, suits, suits or proceedings or investigations by or before any arbitrator or Governmental Authority pending against or, to the knowledge of any Loan Party, threatened against or affecting the Loan Parties or any of their Subsidiaries (i) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve any Loan Documents or the Transactions. (b) Except for any matters that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect (i) no Loan Party nor any of its Subsidiaries has received notice of any claim with respect to any Environmental Liability or knows of any basis for any Environmental Liability and (ii) no Loan Party nor any of its Subsidiaries (1A) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law or (2B) has become subject to any Environmental Liability.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Amscan Holdings Inc)

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