Common use of No Litigation or Proceeding Clause in Contracts

No Litigation or Proceeding. EFactor is not a party to, or the subject of, any pending litigation, claims, or governmental investigation or proceeding not reflected in EFactor Financial Statements, and to the Knowledge of EFactor there are no lawsuits, claims, assessments, investigations, or similar matters, threatened or contemplated against or affecting EFactor or the management or properties of EFactor.

Appears in 6 contracts

Samples: Exchange Agreement (Efactor Group Corp.), Exchange Agreement (Efactor Group Corp.), Exchange Agreement (Efactor Group Corp.)

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