Common use of Litigation; Observance of Statutes and Orders Clause in Contracts

Litigation; Observance of Statutes and Orders. (a) There are no actions, suits, investigations or proceedings pending or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any property of the Borrower in any court or before any arbitrator of any kind or before or by any Governmental Authority.

Litigation; Observance of Statutes and Orders. (ai) There are no actions, suits, investigations suits or proceedings pending or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any Subsidiary or any property of the Borrower or any Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authoritygovernmental authority that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.

Litigation; Observance of Statutes and Orders. (ai) There are no -------------------------------------------------- actions, suits, investigations suits or proceedings pending or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any subsidiary or any property of the Borrower or any subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authoritygovernmental authority that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.