LITIGATION, PROCEEDINGS, AND CLAIMS Sample Clauses

The 'Litigation, Proceedings, and Claims' clause outlines the parties' obligations regarding the disclosure and management of any ongoing or potential legal actions, disputes, or claims that may affect the agreement. Typically, this clause requires each party to inform the other of any lawsuits, regulatory investigations, or formal claims that could impact their ability to fulfill contractual obligations. By mandating transparency about legal risks, the clause helps ensure that both parties are aware of potential liabilities and can make informed decisions, thereby reducing the risk of unexpected disruptions or losses.
LITIGATION, PROCEEDINGS, AND CLAIMS. There are no investigations, charges, proceedings, actions, suits, or arbitration proceedings pending, or, to the best of Transferor’s knowledge, overtly threatened, involving tax, environmental or land use matters, before any court or governmental agency, or any other public forum, that could affect, encumber or burden the Facilities, or the ability of PG&E to operate the Facilities, or could result in impairment or loss of PG&E's title to the Facilities.
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LITIGATION, PROCEEDINGS, AND CLAIMS. To PDC's knowledge, there are no claims, demands, actions, judgments, suits or alternative dispute resolution proceedings pending or threatened that would result in impairment or loss of PDC's title to the Leases, that impedes or is likely to impede PDC's ability to consummate the transaction contemplated by this Agreement and to assume the liabilities to be assumed by PDC under this Agreement or that would require a material change in the Leases or Material Agreements.
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LITIGATION, PROCEEDINGS, AND CLAIMS. There are no investigations, charges, proceedings, actions, suits, proceedings pending, or overtly threatened, involving tax, third party installation, operation or maintenance costs, environmental or land use matters, before any court or governmental agency, or any other public forum, that could affect, encumber, or burden the System or the ability of Utility to operate the System, or could result in impairment to or loss of Utility’s title to the System.
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LITIGATION, PROCEEDINGS, AND CLAIMS. Except as set forth on the attached schedule to this Agreement (the "Disclosure Schedule"), attached hereto and made a part hereof, there are no actions, suits or arbitration proceedings pending or threatened before any court or governmental agency, affecting the Assets or that could result in impairment or loss of Seller's title to the Assets or would otherwise affect the Assets.
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LITIGATION, PROCEEDINGS, AND CLAIMS. To the best of Assignor's ---------------------------------- knowledge, there are no actions, suits or arbitration proceedings pending before any court or governmental agency that would result in impairment or loss of Assignor's title to the Assets or would otherwise materially and adversely affect the Assets.
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Related to LITIGATION, PROCEEDINGS, AND CLAIMS

  • Litigation; Proceedings Except as specifically disclosed in the Disclosure Materials, there is no action, suit, notice of violation, proceeding or investigation pending or, to the best knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) which (i) adversely affects or challenges the legality, validity or enforceability of any Transaction Document or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.

  • Litigation and Claims No litigation, claim, investigation, administrative proceeding or similar action (including those for unpaid taxes) against Borrower is pending or threatened, and no other event has occurred which may materially adversely affect Borrower’s financial condition or properties, other than litigation, claims, or other events, if any, that have been disclosed to and acknowledged by Lender in writing.

  • Litigation; Claims Any rights (including indemnification) and claims and recoveries under litigation of Seller against third parties attributable to the period on or prior to the Closing except to the extent relating to the Assumed Liabilities;

  • Arbitration Proceedings Arbitration between the parties will be subject to the following:

  • Litigation and Proceedings There are no actions, suits, -------------------------- proceedings or investigations pending or, to the knowledge of the Company after reasonable investigation, threatened by or against the Company or affecting the Company or its properties, at law or in equity, before any court or other governmental agency or instrumentality, domestic or foreign, or before any arbitrator of any kind. The Company has no knowledge of any default on its part with respect to any judgment, order, writ, injunction, decree, award, rule or regulation of any court, arbitrator, or governmental agency or instrumentality, or any circumstance which after reasonable investigation would result in the discovery of such default.