Common use of Litigation and Undisclosed Liabilities Clause in Contracts

Litigation and Undisclosed Liabilities. There are no actions, complaints, petitions, suits or other proceedings or any decree, injunction, judgment, order or ruling entered, promulgated or pending or, to Seller’s knowledge, threatened against Seller with respect to the Branches, the Assets or the Assumed Liabilities that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (MVB Financial Corp), Purchase and Assumption Agreement (Summit Financial Group, Inc.), Purchase and Assumption Agreement (Summit Financial Group Inc)

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Litigation and Undisclosed Liabilities. There are no actions, complaints, petitions, suits suits, investigations or other proceedings or any decree, injunction, judgment, order or ruling entered, promulgated or pending or, to Seller’s knowledge, threatened against Seller with respect and affecting or relating to the Branches, the Assets or the Assumed Liabilities that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.against any of the

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Flagstar Bancorp Inc)

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