Litigation Matters. There is no pending (or, to its knowledge, threatened) action, proceeding, investigation or injunction, writ or restraining order affecting Seller or Servicer before any court, governmental entity or arbitrator which could reasonably be expected to result in a Material Adverse Change, and neither Seller nor Servicer is currently the subject of, and has no present intention of taking any action to commence, an Insolvency Event applicable to Seller or Servicer.
Appears in 5 contracts
Samples: Receivables Sale Agreement and Receivables Purchase Agreement (Constellium Se), Receivables Purchase Agreement (Constellium Se), Receivables Purchase Agreement (Constellium N.V.)
Litigation Matters. There is no pending (or, to its knowledge, threatened) action, proceeding, investigation or injunction, writ or restraining order affecting Seller or Servicer any of its Affiliates before any court, governmental entity or arbitrator which could reasonably be expected to result in a Material Adverse Change, and neither Seller nor Servicer is not currently the subject of, and has no present intention of taking any action to commence, an Insolvency Event applicable to Seller or ServicerSeller.
Appears in 4 contracts
Samples: Receivable Purchase Agreement (Rite Aid Corp), Receivable Purchase Agreement (Rite Aid Corp), Receivable Purchase Agreement (Rite Aid Corp)
Litigation Matters. There is no pending (or, to its knowledge, threatened) action, proceeding, investigation or injunction, writ or restraining order affecting any Seller or Servicer any of their respective Affiliates before any court, governmental entity or arbitrator which could reasonably be expected to result in a Material Adverse Change, and neither each Seller nor Servicer is not currently the subject of, and has no present intention of taking any action to commence, an Insolvency Event applicable to Seller or Servicersuch Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (Lifetime Brands, Inc)
Litigation Matters. There is no pending (or, to its knowledge, threatened) action, proceeding, investigation or injunction, writ or restraining order affecting Seller or Servicer before any court, governmental entity or arbitrator which could reasonably be expected to result in a Material Adverse Change, and neither Seller nor Servicer is not currently the subject of, and has no present intention of taking any action to commence, an Insolvency Event applicable to Seller or ServicerSeller.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Constellium Se), Receivables Sale Agreement and Receivables Purchase Agreement (Constellium Se)
Litigation Matters. There is no pending (or, to its knowledge, threatened) action, proceeding, investigation or injunction, writ or restraining order affecting any Seller or Servicer any of such Seller’s Affiliates before any court, governmental entity or arbitrator which could reasonably be expected to result in a Material Adverse Change, and neither no Seller nor Servicer is currently the subject of, and has no present intention of taking any action to commence, an Insolvency Event applicable to Seller or Servicersuch Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Wolverine World Wide Inc /De/)
