No Forfeiture Proceedings. Neither the Borrower nor any of the Guarantors is engaged in or proposes to be engaged in the conduct of any business or activity which is likely to result in a Forfeiture Proceeding, and no Forfeiture Proceeding against any of them is pending or, to the best knowledge of the Borrower and the Guarantors as of the date hereof, threatened.
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Samples: Credit Agreement (United Capital Corp /De/), Security Agreement (United Capital Corp /De/), Credit Agreement (United Capital Corp /De/)
No Forfeiture Proceedings. Neither the Borrower nor any of the Guarantors its Subsidiaries is engaged in or nor proposes to be engaged in the conduct of any business or activity which is likely to result in a Forfeiture Proceeding, Proceeding and no Forfeiture Proceeding against any of them is pending or, to the best knowledge of the Borrower and the Guarantors as or any of the date hereofits Subsidiaries, threatened, except as set forth on Schedule 7.17 hereto.
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No Forfeiture Proceedings. Neither the Borrower nor any of the Guarantors its Subsidiaries is engaged in or nor proposes to be engaged in the conduct of any business or activity which is likely to result in a Forfeiture Proceeding, Proceeding and no Forfeiture Proceeding against any of them is pending or, to the best knowledge of the Borrower and the Guarantors as or any of the date hereofits Subsidiaries, threatened, except as set forth on Schedule 6.17.
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