Common use of Litigation and Governmental Orders Clause in Contracts

Litigation and Governmental Orders. Except as set forth in ---------------------------------- Section 4.11 of the Company Disclosure Schedule, as of the date hereof, (i) there are no Actions pending or, to the Knowledge of the Company, threatened against the Company or any Company Subsidiary, or any of the assets or properties of the Company or any Company Subsidiary, that would have a Material Adverse Effect, and (ii) the Company, each Company Subsidiary and their respective assets and properties, are not subject to any material Governmental Order relating specifically to the Company, any Company Subsidiary or any of their respective assets or properties.

Appears in 1 contract

Samples: Stock Purchase and Redemption Agreement (Panolam Industries Inc)

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Litigation and Governmental Orders. Except as set forth in ---------------------------------- Section 4.11 4.10 of the Company Disclosure Schedule, as of the date hereof, (i) there are no Actions pending or, to the Knowledge of the Company’s Knowledge, threatened against the Company or any a Company Subsidiary, or any of the assets or properties of the Company or any a Company Subsidiary, that would have or any of the directors or officers of the Company or a Material Adverse Effect, and (ii) Company Subsidiary in their capacity as directors or officers of the Company or a Company Subsidiary. Neither the Company, each any Company Subsidiary and nor their respective assets and properties, are not properties is subject to any material Governmental Order relating specifically to the Company, any a Company Subsidiary Subsidiary, or any of their respective assets or properties.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blackboard Inc)

Litigation and Governmental Orders. Except as set forth in ---------------------------------- on Section 4.11 4.10 of the Company Disclosure Schedule, as of the date hereof, (i) there are no Actions pending or, to the Knowledge of the Company’s Knowledge, threatened threatened, against the Company or any Company Subsidiaryof its Subsidiaries, or any of the assets or properties of the Company or any of its Subsidiaries, or any of the directors and officers of the Company Subsidiary, that would have a Material Adverse Effect, and (ii) or any of its Subsidiaries in their capacity as directors or officers of the Company or any of its Subsidiaries. None of the Company, each Company Subsidiary and its Subsidiaries or any of its or their respective assets and properties, are not properties is subject to any material Governmental Order relating specifically to the Company, any Company Subsidiary its Subsidiaries or any of its or their respective assets or properties.

Appears in 1 contract

Samples: Arrangement Agreement (Blackboard Inc)

Litigation and Governmental Orders. Except as set forth in ---------------------------------- on Section 4.11 4.10 of the Company Disclosure Schedule, as of the date hereof, (i) there are no Actions pending or, to the Knowledge of the Company threatened, against the Company, threatened against the Company or any Company Subsidiary, or any of the assets or properties of the Company Company, or any of the directors and officers of the Company Subsidiary, that would have a Material Adverse Effect, and (ii) in their capacity as directors or officers of the Company, each . Neither the Company Subsidiary and their respective nor its assets and properties, are not properties is subject to any material Governmental Order relating specifically to the Company, any Company Subsidiary or any of their respective its assets or properties.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blackboard Inc)

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Litigation and Governmental Orders. Except as set forth in ---------------------------------- Section 4.11 3.11 of the Company Disclosure Schedule, as of the date hereof, (i) there are no Actions pending or, to the Knowledge of the Company, threatened against the Company or any Company Subsidiary, or any of the assets or properties of the Company or any Company Subsidiary, that would have a Material Adverse Effector any of the directors and officers of the Company or any Company Subsidiary in their capacity as directors or officers of the Company or any Company Subsidiary, and (ii) the Company, each Company Subsidiary and their respective assets and properties, are not subject to any material Governmental Order relating specifically to the Company, any Company Subsidiary or any of their respective assets or properties.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Accuride Corp)

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