Litigation and Judgments. There is no action, suit, investigation, or proceeding before or by any Governmental Authority or arbitrator pending, or to the knowledge of Borrower, threatened against or affecting Borrower or any of its Subsidiaries, that would, if adversely determined, have a material adverse effect on the business, condition (financial or otherwise), operations, prospects, or properties of Borrower or any of its Subsidiaries or the ability of Borrower to pay and perform the Obligations. There are no outstanding judgments against Borrower or any Subsidiary of Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Coolbrands International Inc), Loan Agreement (Dgse Companies Inc), Loan Agreement (Dgse Companies Inc)
Litigation and Judgments. There is no action, suit, investigation, or proceeding before or by any Governmental Authority or arbitrator pending, or to the knowledge of BorrowerBorrowers, threatened against or affecting any Borrower or any of its the Subsidiaries, that would, if adversely determined, have would constitute a material adverse effect Material Adverse Event on the business, condition (financial or otherwise), operations, prospects, or properties of any Borrower or any of its the Subsidiaries or the ability of any Borrower to pay and perform the Obligations. There are no outstanding judgments against any Borrower or any Subsidiary of BorrowerSubsidiary.
Appears in 2 contracts
Samples: Credit Agreement (Direct Digital Holdings, Inc.), Credit Agreement (Direct Digital Holdings, Inc.)
Litigation and Judgments. There is no action, suit, investigation, or proceeding before or by any Governmental Authority or arbitrator pending, or to the knowledge of the Borrower, threatened against or affecting the Borrower or any of its Subsidiaries, that would, if adversely determined, have a material adverse effect on the business, condition (financial or otherwise), operations, prospects, or properties Properties of the Borrower or any of its Subsidiaries or the ability of the Borrower to pay and perform the Obligations. There are no outstanding judgments against the Borrower or any Subsidiary of the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Home Solutions of America Inc), Loan Agreement (Home Solutions of America Inc)
Litigation and Judgments. There is no action, suit, investigationproceeding, or proceeding or, to Borrower's knowledge, investigation before or by any Governmental Authority court, governmental authority, or arbitrator pending, or to the knowledge of Borrower, threatened against or affecting Borrower or any of its SubsidiariesSubsidiary, that would, if adversely determined, have a material adverse effect on the business, financial condition (financial or otherwise), operations, prospects, or properties of Borrower or any of its Subsidiaries Subsidiary or the ability of Borrower to pay and perform the Obligations. There are no outstanding judgments against Borrower or any Subsidiary of BorrowerSubsidiary.
Appears in 1 contract
Samples: Loan Agreement (Reliability Inc)