Common use of No Pending Litigation or Proceedings Clause in Contracts

No Pending Litigation or Proceedings. Except as set forth on ------------------------------------ Part A of Schedule 2.21, there are no actions, suits, investigations or ------------- proceedings pending against or affecting, or, to the best of Parent's and each Seller's knowledge, threatened against, Parent, any Company, the Business or any of the Acquired Assets before any arbitrator or Governmental Entity (including the United States Environmental Protection Agency, the United States Equal Employment Opportunity Commission or any similar Governmental Entity) that would materially and adversely affect their ability to perform their obligations under this Agreement. Except as set forth on Part B of Schedule 2.21, there are no outstanding judgments, decrees, writs, injunctions or orders of any arbitrator or Governmental Entity against Parent or any Company which relate to or arise out of the conduct of the Business or the ownership, condition or operation of the Business or the Acquired Assets except in such cases as would not in the aggregate have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fairchild Corp)

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No Pending Litigation or Proceedings. Except as set forth on ------------------------------------ -------------------------------------- Part A of Schedule 2.21, there are no actions, suits, investigations or ------------- proceedings pending against or affecting, or, to the best of Parent's and each Seller's knowledge, threatened against, Parent, any Companyeither Seller, the Business or any of the Acquired Purchased Assets before any arbitrator or Governmental Entity (including the United States Environmental Protection Agency, the United States Equal Employment Opportunity Commission or any similar Governmental Entity) that would materially and adversely affect their ability to perform their obligations under this Agreement. Except as set forth on Part B of Schedule 2.21, there are no outstanding judgments, decrees, writs, injunctions or orders of any arbitrator or Governmental Entity against Parent or any Company either Seller which relate to or arise out of the conduct of the Business or the ownership, condition or operation of the Business or the Acquired Purchased Assets except in such cases as would not in the aggregate have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fairchild Corp)

No Pending Litigation or Proceedings. Except as set forth on ------------------------------------ Part A of Schedule 2.21, there are no actions, suits, investigations or ------------- proceedings pending against or affecting, or, to the best of Parent's and each Seller's knowledge, threatened against, Parent, any Company, the Business or any of the Acquired Assets before any arbitrator or Governmental Entity (including the United States Environmental Protection Agency, the United States Equal Employment Opportunity Commission or any similar Governmental Entity) that would materially and adversely affect their ability to perform their obligations under this Agreement. Except as set forth on Part B of Schedule 2.21, there are no outstanding judgments, decrees, writs, injunctions or orders of any arbitrator or Governmental Entity against Parent or any Company which relate to or arise out of the conduct of the Business or the ownership, condition or operation of the Business or the Acquired Assets except in such cases as would not in the aggregate have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Banner Aerospace Inc)

No Pending Litigation or Proceedings. Except as set forth on ------------------------------------ Part A of Schedule 2.21, there are no actions, suits, investigations or ------------- proceedings pending against or affecting, or, to the best of Parent's and each Seller's knowledge, threatened against, Parent, any Companyeither Seller, the Business or any of the Acquired Purchased Assets before any arbitrator or Governmental Entity (including the United States Environmental Protection Agency, the United States Equal Employment Opportunity Commission or any similar Governmental Entity) that would materially and adversely affect their ability to perform their obligations under this Agreement. Except as set forth on Part B of Schedule 2.21, there are no outstanding judgments, decrees, writs, injunctions or orders of any arbitrator or Governmental Entity against Parent or any Company either Seller which relate to or arise out of the conduct of the Business or the ownership, condition or operation of the Business or the Acquired Purchased Assets except in such cases as would not in the aggregate have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Banner Aerospace Inc)

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No Pending Litigation or Proceedings. Except as set forth on ------------------------------------ Part A of Schedule 2.21, there are no actions, suits, investigations or ------------- proceedings pending against or affecting, or, to the best of Parent's and each Seller's knowledge, threatened against, Parent, any Companyeither Seller, the Business or any of the Acquired Purchased Assets before any arbitrator or Governmental Entity (including the United States Environmental Protection Agency, the United States Equal Employment Opportunity Commission or any similar Governmental Entity) that would materially and adversely affect their ability to perform their obligations under this Agreement. Except as set forth on Part B of Schedule 2.21, there are no outstanding judgments, decrees, writs, injunctions or orders of any arbitrator or Governmental Entity against Parent or any Company either Seller which relate to or arise out of the conduct of the Business or the ownership, condition or operation of the Business or the Acquired Purchased Assets except in such cases as would not in the aggregate have a Material Adverse Effect.. 2.22

Appears in 1 contract

Samples: Asset Purchase Agreement (Alliedsignal Inc)

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