Litigation, etc. There are no actions, claims or proceedings pending or to the knowledge of Borrower threatened against Borrower which might materially adversely affect the ability of Borrower to conduct its business or to pay or perform the Obligations.
Appears in 17 contracts
Samples: Loan Agreement, Loan Agreement (Sono Tek Corp), Loan Agreement (Sono Tek Corp)
Litigation, etc. There Except as otherwise disclosed to Lender in writing, there are no actions, claims or proceedings pending or to the knowledge of Borrower threatened against Borrower which might materially adversely affect the ability of Borrower to conduct its business or to pay or perform the Obligations.
Appears in 6 contracts
Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.), Loan Agreement (Truett-Hurst, Inc.)
Litigation, etc. There are no actions, claims or proceedings pending or to the knowledge of Borrower threatened against Borrower which might materially adversely affect the ability of Borrower to conduct its business or to pay or payor perform the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Diversified Restaurant Holdings, Inc.), Loan and Security Agreement (Diversified Restaurant Holdings, Inc.)
Litigation, etc. There are no actions, claims or proceedings pending or to the knowledge of Borrower threatened against Borrower which might materially adversely affect the ability of Borrower to conduct its business or to pay or perform the ObligationsObligations or which might adversely affect any material portion of the Collateral or the Bank’s interest therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Document Security Systems Inc), Loan Agreement (Cybex International Inc)
Litigation, etc. There are no actions, claims or proceedings pending or or, to the knowledge of Borrower Borrower, threatened against Borrower which might materially adversely affect the ability of Borrower could reasonably be expected to conduct its business or to pay or perform the Obligationsresult in a Material Adverse Change.
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