Common use of No Material Litigation Clause in Contracts

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 16 contracts

Samples: Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Credit Agreement, Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.)

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No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, revenues or by or against any "affiliated person" of the Borrower or any of its Subsidiaries, within the meaning of the Investment Company Act, (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document this Agreement or the rights Notes or remedies any of the Administrative Agent transactions contemplated hereby or any Lender hereunder or thereunderthereby, or (iib) that, individually or in the aggregate, which could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: 364 Day Facility Credit Agreement (Franklin Resources Inc), Five Year Facility Credit Agreement (Franklin Resources Inc), Five Year Facility Credit Agreement (Franklin Resources Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Loan Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.), Loan Agreement, Credit Agreement Amendment (Kayne Anderson MLP Investment CO)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Notes or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent Loan Documents or any Lender hereunder of the transactions contemplated hereby or thereunder, thereby or (iib) that, individually or in the aggregate, could which is reasonably be expected to have a Material Adverse Effect or with respect to any Owned Property or Leased Property, is reasonably expected to have an Individual Property Material Adverse Effect.

Appears in 2 contracts

Samples: Acquisition Credit Agreement (Global Signal Inc), Credit Agreement (Global Signal Inc)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Note or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Gaming & Entertainment Inc)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Notes or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Gaming & Entertainment Inc)

No Material Litigation. No litigation, investigation or ---------------------- proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower Borrower, any of the Restricted Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunderLoan Documents, or (iib) thatas to which there is a reasonable possibility of an adverse determination and, that if adversely determined, could, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Radio One Inc)

No Material Litigation. No litigation, investigation investigation, claim or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge Knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its their respective properties or revenues, including, without limitation, against revenues that (a) purports to affect or pertain to this Agreement or any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any other Loan Document or the rights or remedies any of the Administrative Agent transactions contemplated hereby or any Lender hereunder or thereunderthereby, or (iib) thatexcept as specifically disclosed in Schedule 5.04, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Parker Drilling Co /De/)

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No Material Litigation. No litigation, investigation or proceeding ---------------------- of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorization, legality, validity, or enforceability of any Loan Document Notes or the rights other Loan Documents or remedies any of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Dover Downs Entertainment Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge Actual Knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent Loan Documents to which it is a party, (b) with respect to any of the transactions contemplated by or any Lender hereunder occurring simultaneously with the entering into of the Loan Documents in which the litigation, investigation or thereunderproceeding is material and has a reasonable basis in fact, or (iic) that, individually or in the aggregate, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the BorrowerBorrowers, threatened by against any Borrower or against the Borrower any of their respective Subsidiaries or against any of its or their respective properties or revenues, including, without limitation, against any of its Subsidiaries, revenues (ia) with respect to this Agreement, the authorizationNotes, legality, validity, the other Loan Documents or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereundertransactions contemplated hereby, except as set forth in Schedule VIII, or (iib) thatas to which there is a reasonable likelihood of an adverse determination and which, individually or in the aggregateif adversely determined, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Standard Automotive Corp)

No Material Litigation. No litigation, investigation litigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge Actual Knowledge of the Borrower, threatened threatened, by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, Guarantor (ia) with respect to any of the authorizationLoan Documents or the Purchase Agreement, legality, validity, (b) with respect to any of the transactions contemplated by or enforceability occurring simultaneously with the entering into of any Loan Document or the rights or remedies of the Administrative Agent Loan Documents in which the litigation or any Lender hereunder or thereunderproceeding is material and has a reasonable basis in fact, or (iic) thatwhich, individually or in the aggregate, could would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Hartree Bulk Storage, LLC)

No Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues, including, without limitation, against any of its Subsidiaries, (i) with respect to the authorization, legality, validity, or enforceability of any Loan Document or the rights or remedies of the Administrative Agent or any Lender hereunder or thereunder, or (ii) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.Effect.‌‌‌‌‌

Appears in 1 contract

Samples: Credit Agreement

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