Common use of Litigation, Labor Controversies, etc Clause in Contracts

Litigation, Labor Controversies, etc. Except as disclosed in Item 7.8 (Litigation) of the Disclosure Schedule, there is no pending or, to the knowledge of any Obligor, threatened litigation, action, proceeding or labor controversy affecting any Obligor, or any of their respective Subsidiaries, or any of their respective properties, businesses, assets or revenues, in respect of which there exists a reasonable possibility of an outcome that would result in a Material Adverse Effect or that would affect the legality, validity or enforceability of this Agreement or any other Loan Document.

Litigation, Labor Controversies, etc. Except as disclosed in Item 7.8 6.7 ("Litigation") of the Disclosure Schedule, there is no pending or, to the knowledge of any Obligorthe Borrower, threatened litigation, action, proceeding proceeding, or labor controversy affecting any Obligor, the Borrower or any of their respective its Subsidiaries, or any of their respective properties, businesses, assets or revenues, in respect of which there exists a reasonable possibility of an outcome that would result in could reasonably be expected (a) to have a Material Adverse Effect or that would (b) to adversely affect the legality, validity or enforceability of this Agreement Agreement, the Notes or any other Loan Document or Receivables Transaction Document.

Litigation, Labor Controversies, etc. Except as disclosed in Item 7.8 (Litigation) of the Disclosure Schedule, there is no pending or, to the knowledge of any Obligor, threatened litigation, action, proceeding or labor controversy affecting any Obligor, or any of their respective Subsidiaries, or any of their respective properties, businesses, assets or revenues, in respect of which there exists a reasonable possibility of an outcome that would result in a Material Adverse Effect or that would affect the legality, validity or enforceability of this Agreement or any other Loan Document.. Ixxxxx Micro/Credit Agreement