Common use of Litigation or Proceedings Clause in Contracts

Litigation or Proceedings. No litigation or other proceeding before any court or administrative agency is pending, or, to the knowledge of Borrower or any of its officers, is threatened against Borrower or a Subsidiary, the outcome of which could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Ashford Inc.), Credit Agreement (Ashford Inc.), Credit Agreement (Ashford Inc.)

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Litigation or Proceedings. No litigation or other proceeding before any court or administrative agency is pending, or, to the knowledge of Borrower or any of its officers, is threatened against Borrower or a SubsidiaryBorrower, the outcome of which could reasonably be expected to have result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Biohitech Global, Inc.), Credit Agreement (Owens Realty Mortgage, Inc.), Credit Agreement (Owens Realty Mortgage, Inc.)

Litigation or Proceedings. No litigation or other proceeding before any court or administrative agency is pending, or, to the knowledge of Borrower or any of its officers, is threatened against Borrower or a SubsidiaryBorrower, the outcome of which could reasonably be expected to have result in a Material Adverse Effect.. 

Appears in 1 contract

Samples: Electronic Tracking Agreement (Century Communities, Inc.)

Litigation or Proceedings. No litigation or other proceeding before any court or administrative agency is pending, or, to the knowledge of Borrower or any of its officers, is threatened against Borrower or a Subsidiaryany of its Subsidiaries, the outcome of which could reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Pledge Agreement (Owens Realty Mortgage, Inc.)

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Litigation or Proceedings. No litigation or other proceeding before any court or administrative agency is pending, or, to the knowledge of Borrower or any of its officers, is threatened against Borrower or a SubsidiaryBorrower, the outcome of which could reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Sensus Healthcare, Inc.)

Litigation or Proceedings. No litigation or other proceeding before any court or administrative agency is pending, or, to the knowledge of Parent or Borrower or any of its their officers, is threatened against Borrower any Loan Party or a Subsidiaryany of its Domestic Subsidiaries, the outcome of which could would reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (American Virtual Cloud Technologies, Inc.)

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