Common use of Litigation and Legal Proceedings Clause in Contracts

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 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' Seller's 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 Seller has no knowledge of any reasonably likely basis therefor.