Common use of Litigation and Pending Proceedings Clause in Contracts

Litigation and Pending Proceedings. Except as set forth in the ONB Disclosure Schedule: (a) Except for lawsuits involving collection of delinquent accounts and lawsuits which would not have a Material Adverse Effect on ONB, there are no claims, actions, suits, proceedings, mediations, arbitrations or investigations pending and served against ONB or any of its Subsidiaries or, to the knowledge of ONB or any of its Subsidiaries, threatened in any court or before any government agency or authority, arbitration panel or otherwise against ONB or any of its Subsidiaries. ONB does not have knowledge of a basis for any claim, action, suit, proceeding, litigation, arbitration or investigation against ONB or any of its Subsidiaries. (b) Neither ONB nor any of its Subsidiaries is: (i) subject to any material outstanding judgment, order, writ, injunction or decree of any court, arbitration panel or governmental agency or authority; (ii) presently charged with or, to the knowledge of ONB, under governmental investigation with respect to, any actual or alleged material violations of any law, statute, rule, regulation or ordinance; or (iii) the subject of any material pending or, to the knowledge of ONB, threatened proceeding by any government regulatory agency or authority having jurisdiction over their respective business, assets, capital, properties or operations.

Litigation and Pending Proceedings. Except as set forth in the ONB MainSource Disclosure Schedule: (a) Except for lawsuits involving collection of delinquent accounts and lawsuits which would not have a Material Adverse Effect on ONBMainSource, there are no claims, actions, suits, proceedings, mediations, arbitrations or investigations pending and served against ONB MainSource or any of its Subsidiaries or, to the knowledge of ONB MainSource or any of its Subsidiaries, threatened in any court or before any government agency or authority, arbitration panel or otherwise against ONB MainSource or any of its Subsidiaries. ONB MainSource does not have knowledge of a basis for any claim, action, suit, proceeding, litigation, arbitration or investigation against ONB MainSource or any of its Subsidiaries. (b) Neither ONB MainSource nor any of its Subsidiaries is: (i) subject to any material outstanding judgment, order, writ, injunction or decree of any court, arbitration panel or governmental agency or authority; (ii) presently charged with or, to the knowledge of ONBMainSource, under governmental investigation with respect to, any actual or alleged material violations of any law, statute, rule, regulation or ordinance; or (iii) the subject of any material pending or, to the knowledge of ONBMainSource, threatened proceeding by any government regulatory agency or authority having jurisdiction over their respective business, assets, capital, properties or operations.

Litigation and Pending Proceedings. Except as set forth in the ONB Anchor Disclosure Schedule: (a) Except for lawsuits involving collection of delinquent accounts and lawsuits which would not have a Material Adverse Effect on ONBAnchor, there are no claims, actions, suits, proceedings, mediations, arbitrations or investigations pending and served against ONB Anchor or any of its Subsidiaries or, to the knowledge of ONB Anchor or any of its Subsidiaries, threatened in any court or before any government agency or authority, arbitration panel or otherwise against ONB Anchor or any of its Subsidiaries. ONB Anchor does not have knowledge of a basis for any claim, action, suit, proceeding, litigation, arbitration or investigation against ONB Anchor or any of its Subsidiaries. (b) Neither ONB Anchor nor any of its Subsidiaries is: (i) subject to any material outstanding judgment, order, writ, injunction or decree of any court, arbitration panel or governmental agency or authority; (ii) presently charged with or, to the knowledge of ONBAnchor, under governmental investigation with respect to, any actual or alleged material violations of any law, statute, rule, regulation or ordinance; or (iii) the subject of any material pending or, to the knowledge of ONBAnchor, threatened proceeding by any government regulatory agency or authority having jurisdiction over their respective business, assets, capital, properties or operations.