Litigation and Legal Proceedings. Except as disclosed on Schedule 3.11, there is no litigation, claim, investigation, administrative proceeding, labor controversy or similar action that is pending or (to the best of each Borrower's knowledge and information after due inquiry) threatened against any Borrower or its properties that, if adversely resolved, could reasonably be expected to have or cause a Material Adverse Effect.
Litigation and Legal Proceedings. There is no outstanding judgment against Purchaser and there is no litigation, proceeding or investigation pending, or, to Purchaser's knowledge, threatened, against Purchaser or its assets which individually or in the aggregate would, if adversely determined, result in a material adverse change in the business condition (financial or otherwise), properties or assets of Purchaser or which questions the validity of any action taken or to be taken pursuant to or in connection with the provisions of this Agreement or the consummation of the transactions contemplated hereby by the Purchaser or which could have an adverse effect on Purchaser's ability to perform its obligations hereunder.
Litigation and Legal Proceedings. 25 3.12 Accuracy of Financial Information........................................ 26 3.13
Litigation and Legal Proceedings. (a) Except as set forth in SCHEDULE 5.15:
(i) there is no suit, private proceeding, action, liability or claim (collectively, "Actions") pending or, to the Company's or the Stockholders' Knowledge, Threatened, against the Company, any Subsidiary or any Company Plan or any fiduciary of any such Company Plan or to which the Company or any Subsidiary is otherwise a party or which may have a Material Adverse Effect on the Company.
(ii) to the Knowledge of the Stockholders and the Company, each of the Company and its Subsidiaries has given all required notice of such Actions to the appropriate insurance carrier(s) and/or all such Actions have in the judgment of the Company's Chief Financial Officer, been fully reserved for on the Financial Statements. SCHEDULE 5.15 lists the insurer for each Action covered by insurance or designates each Action, or portion of each Action, as uninsured and the individual and aggregate policy limits for the insurance covering each insured Action and the applicable policy deductibles for each insured Action;
(iii) no litigation matter (other than workers compensation claims) to which the Company or any Subsidiary was a party was resolved, settled or closed during the three years preceding the date of this Agreement;
(iv) there is no pending Proceeding that has been commenced by or against the Company or any Subsidiary that relates to or may materially affect the Business, and, to the Knowledge of the Stockholders and the Company, no such Proceeding has been Threatened; and
(v) the Company is not subject to any judgment, Order, or decree of any court or Governmental Authority and, to the Knowledge of the Company and the Stockholders, none is Threatened. Except as disclosed in SCHEDULE 5.15, neither the Company or any Subsidiary is engaged in any legal action to recover money due it or for damages sustained by it.
(b) Matters disclosed in SCHEDULE 5.15 shall include the following information where applicable:
(i) a summary description of the Action together with the following:
(1) a list of all relevant documentation relating thereto;
(2) if known amounts claimed and any other action or relief sought; and
(3) name of claimant and, if known, all other parties to the Action;
(ii) the name of each court or agency before which such Action is pending; and
(iii) the date such Action was instituted.
Litigation and Legal Proceedings. 10 5.16 COMPLIANCE WITH APPLICABLE LAWS; PERMITS.......................................................11 5.17
Litigation and Legal Proceedings. There is no outstanding judgment, order, writ, injunction, decree or award of any court, arbitrator, or governmental or regulatory official, body or authority (including the FCC or any state body having jurisdiction over the Purchaser) against Purchaser, and there is no litigation, arbitration, investigation or other proceeding of or before any court, arbitrator or governmental or regulatory official, body or authority (including the FCC or any state body having jurisdiction over the Purchaser) pending, or, to Purchaser's knowledge, threatened, against Purchaser or its assets which individually or in the aggregate, if adversely determined, could reasonably be expected to result in a Purchaser Material Adverse Effect or which questions the validity of any action taken or to be taken pursuant to or in connection with the provisions of this Agreement or the consummation of the transactions contemplated hereby by the Purchaser.
Litigation and Legal Proceedings. Except as set forth on SCHEDULE 7.11, there is no outstanding judgment against Seller or any director, officer or stockholder of Seller affecting the Business or the Assets or which question the validity of any action taken or to be taken by Seller pursuant to or in connection with the provisions of this Agreement and there is no litigation, proceeding or investigation pending, or, to Seller's knowledge, threatened, against Seller or any director, officer or stockholder of Seller affecting the Business or the Assets or which questions the validity of any action taken or to be taken by Seller pursuant to or in connection with the provisions of this Agreement. Except as set forth on SCHEDULE 7.11, there are no proceedings pending to which Seller or any director, officer or stockholder of Seller is a party or, to Seller's knowledge, threatened, nor has Seller received written notice of any demands by any governmental agency, utility or other party, to terminate, modify or adversely change the terms and conditions of Seller's rights with respect to the Authorizations or Existing Contracts.
Litigation and Legal Proceedings. 29 3.12. Accuracy of Financial Information............................. 29 3.13. Accuracy of Other Information................................. 30 3.14.
Litigation and Legal Proceedings. Except as set forth on SCHEDULE 7.10, there is no outstanding judgment, order, writ, injunction, decree or award of any court, arbitrator or governmental or regulatory official, body or authority (including the FCC or any state body having jurisdiction over the Seller Business or any Purchased Asset) against any Seller Party affecting the Seller Business or the Purchased Assets or which questions the validity of any action taken or to be taken pursuant to this Agreement or in which it is sought to restrain or prohibit or to obtain damages or other relief in connection with this Agreement. Except as set forth on SCHEDULE 7.10, there is no litigation, arbitration, investigation or other proceeding of or before any court, arbitrator or governmental or regulatory official, body or authority (including the FCC or any state body having jurisdiction over the Seller Business or any Purchased Asset) pending, or, to Sellers' knowledge, threatened, against any Seller Party the result of which, alone or in the aggregate, could reasonably be expected to adversely affect the Seller Business, the Purchased Assets or the transactions contemplated by this Agreement, and Sellers have no knowledge of any reasonably likely basis therefor.
Litigation and Legal Proceedings. Except as set forth on Schedule 6.11, there is no outstanding judgment against Company or any director, officer or stockholder of Company affecting the Business or the Acquired Assets or which questions the validity of any action taken or to be taken by Company pursuant to or in connection with the provisions of this Agreement and there is no litigation, proceeding or investigation pending, or, to Company's knowledge, threatened, against Company or any director, officer or stockholder of Company affecting the Business or the Acquired Assets or which questions the validity of any action taken or to be taken by Company pursuant to or in connection with the provisions of this Agreement. Except as set forth on Schedule 6.11, there are no proceedings pending to which Company or any director, officer or stockholder of Company is a party or, to Company's knowledge, threatened, nor has Company received written notice of any demands by any Governmental Authority, utility or other party, to terminate, modify or adversely change the terms and conditions of Company's rights with respect to the Authorizations or Existing Contracts.
