No Litigation; No Labor Controversies. (a) Except as previously disclosed in the SEC Disclosure Documents, there are no legal or arbitral proceedings or any proceedings by or before any Governmental Authority or agency, now pending or (to the knowledge of the Borrowers) threatened against either of the Borrowers as to which there is a reasonable possibility of an adverse determination and which, if adversely determined, could have a Material Adverse Effect during the term of this Agreement. (b) There are no labor controversies pending or, to the best knowledge of Borrowers, threatened against a Borrower or any Subsidiary of a Borrower which could (individually or in the aggregate) have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Northern Illinois Gas Co /Il/ /New/), Credit Agreement (Nicor Inc)
No Litigation; No Labor Controversies. (a) Except as previously disclosed in the SEC Disclosure Documents, there are no legal or arbitral proceedings or any proceedings by or before any Governmental Authority or agency, now pending or (to the knowledge of the BorrowersBorrower) threatened against either of the Borrowers Borrower as to which there is a reasonable possibility of an adverse determination and which, if adversely determined, could have a Material Adverse Effect during the term of this Agreement.
(b) There are no labor controversies pending or, to the best knowledge of BorrowersBorrower, threatened against a the Borrower or any Subsidiary of a the Borrower which could (individually or in the aggregate) have a Material Adverse Effect.. 23
Appears in 2 contracts
Samples: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/)
No Litigation; No Labor Controversies. (a) Except as previously disclosed in the SEC Disclosure Documents, there are no legal or arbitral proceedings or any proceedings by or before any Governmental Authority or agency, now pending or (to the knowledge of the BorrowersBorrower) threatened against either of the Borrowers Borrower as to which there is a reasonable possibility of an adverse determination and which, if adversely determined, could have a Material Adverse Effect during the term of this Agreement.
(b) There are no labor controversies pending or, to the best knowledge of BorrowersBorrower, threatened against a the Borrower or any Subsidiary of a the Borrower which could (individually or in the aggregate) have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/)