Common use of No Default, Violation or Litigation Clause in Contracts

No Default, Violation or Litigation. The Company is not in violation of any law or order of any court or federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality (including, without limitation, laws, regulations, orders and restrictions applicable to environmental standards and controls, wages and hours, civil rights and occupational health and safety), which violation would have a material adverse effect upon the assets, liabilities, financial condition, or results of operation of the Company or its right to conduct its business as presently conducted, nor has it received any notice of noncompliance. There are no lawsuits, proceedings, claims or governmental investigations pending or threatened against, or involving the Company or its properties or business. There is no basis known to the Sellers for any action which would have an adverse effect upon the assets, liabilities, financial condition, or results or operations of the Company or its right to conduct its business as presently conducted. There are no judgments, consents, decrees, injunctions, or any other judicial or administrative mandates outstanding against the Company which could adversely affect the assets, liabilities, financial condition, or operations of the Company or its right to conduct its business as presently conducted.

No Default, Violation or Litigation. The Company is not in violation of any law or order of any court or federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality (including, without limitation, laws, regulations, orders and restrictions applicable to environmental standards and controls, wages and hours, civil rights and occupational health and safety), which violation would have a material an adverse effect upon the assets, liabilities, financial condition, or results of operation of the Company or its right to conduct its business as presently conducted, nor has it received any notice of noncompliance. There are no lawsuits, proceedings, claims or governmental investigations pending or threatened against, or involving the Company or its properties or business. There is no basis known to the Sellers for any action which would have an adverse effect upon the assets, liabilities, financial condition, or results or operations of the Company or its right to conduct its business as presently conducted. There are no judgments, consents, decrees, injunctions, or any other judicial or administrative mandates outstanding against the Company which could adversely affect the assets, liabilities, financial condition, or operations of the Company or its right to conduct its business as presently conducted.