Litigation; Regulatory Actions Sample Clauses
The 'Litigation; Regulatory Actions' clause outlines the obligations of parties to disclose and address any ongoing or potential legal proceedings or regulatory investigations that may affect the agreement. Typically, this clause requires each party to inform the other if they become involved in lawsuits, government inquiries, or enforcement actions that could impact their ability to fulfill contractual obligations. By mandating transparency about legal and regulatory risks, the clause helps ensure that both parties are aware of potential liabilities and can take appropriate steps to manage or mitigate these risks.
Litigation; Regulatory Actions. [This schedule is not considered by the Company as material to investment decisions by investors or prospective investors in the Company, and therefore is not included in this filing with the Securities and Exchange Commission.]
Litigation; Regulatory Actions. Except as set forth on Section 3.7 of the Disclosure Schedule, there are no actions, suits, claims, investigations, reviews or other proceedings (excluding any docketed and non-confidential action, suit, claim, investigation, review or other proceeding before the FCC or RCA) that have been commenced by or against any of the Acquired Companies or that otherwise relate to or may affect the business of, or any of the assets owned or used by, any of the Acquired Companies or, to the knowledge of the Sellers, threatened against any of the Acquired Companies or involving any of their properties or assets, at law or in equity or before or by any Governmental Body, or other instrumentality or Person or any board of arbitration or similar entity. Section 3.7 of the Disclosure Schedule describes all material actions, claims, suits, investigations or proceedings (excluding any docketed and non-confidential action, suit, claim, investigation, review or other proceeding before the FCC or RCA) commenced or made against any of the Acquired Companies or any predecessor since January 1, 2002, that are no longer pending, including the disposition thereof. BUS_RE\1394606.17
Litigation; Regulatory Actions. There are no actions, suits, proceedings or investigation, or Regulatory Action or Regulatory Trigger Event pending, in effect, or, to the knowledge of Holdings and the Borrower, threatened (i) with respect to the Transaction or any Document or (ii) that has had, or could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Litigation; Regulatory Actions. On the Effective Date, there shall be no actions, suits, proceedings or Regulatory Actions pending, threatened or in effect (i) with respect to the Transaction, this Agreement or any other Document, or (ii) which have had, or could reasonably be expected to have, a Material Adverse Effect.