Common use of Material Litigation Clause in Contracts

Material Litigation. Any material litigation, arbitration or administrative proceedings are commenced, threatened or pending against any Obligor which could reasonably be expected to be adversely determined against it and which, if so determined, has, or would have, a Material Adverse Effect.

Appears in 8 contracts

Samples: Loan Agreement (Kosmos Energy Ltd.), Loan Agreement (Kosmos Energy Ltd.), Loan Agreement (Kosmos Energy Ltd.)

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Material Litigation. Any material litigation, arbitration or administrative proceedings are commenced, threatened or pending against any an Obligor which could reasonably be expected to be adversely determined against it and which, if so determined, has, or would have, a Material Adverse Effect.

Appears in 8 contracts

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

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Material Litigation. Any material litigation, arbitration arbitration, proceeding or administrative proceedings are commenced, dispute is started or threatened or pending in writing against any Obligor and which could is reasonably be expected likely to be adversely determined against it and whichand, if so determined, has, or would have, will have a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Secured Facility Agreement (Aluminum Corp of China), Facility Agreement (Aluminum Corp of China)

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