Common use of Material Proceedings Clause in Contracts

Material Proceedings. Since the date hereof, there has been no (i) new Proceeding instituted by a Governmental Authority or claim filed in state or federal court by any Person against any Subject Company, in each case alleging actions, occurrences or omissions, or (ii) new development in any Proceeding set forth in Section 2.7(a)(i) or Section 2.7(a)(ii) of the Seller Disclosure Letter, in each case for clause (i) and (ii), that would, individually or in the aggregate, reasonably be expected to be materially adverse to the Business or the Subject Companies, taken as a whole.

Material Proceedings. Since the date hereof, there has been no (i) new Proceeding instituted by a Governmental Authority or claim filed in state or federal court by any Person against any Subject Company, in each case alleging actions, occurrences or omissions, or (ii) new development in any Proceeding set forth in Section 2.7(a)(i) or Section 2.7(a)(ii) of the Seller Disclosure Letter, in each case for clause clauses (i) and (ii), that would, individually or in the aggregate, reasonably be expected to be materially adverse to the Business or the Subject Companies, taken as a whole.. 50

Material Proceedings. Since the date hereof, there has been no (i) new Proceeding instituted by a Governmental Authority or claim filed in state or federal court by any Person against any Subject Company, in each case alleging actions, occurrences or omissions, or (ii) new development in any Proceeding set forth in Section 2.7(a)(i) or Section 2.7(a)(ii) of the Seller Disclosure Letter, in each case for clause clauses (i) and (ii), that would, individually or in the aggregate, reasonably be expected to be materially adverse to the Business or the Subject Companies, taken as a whole.