Common use of No proceedings pending or threatened Clause in Contracts

No proceedings pending or threatened. No litigation, arbitration or administrative proceedings or investigations of, or before, any court, arbitral body or agency which are reasonably likely, if adversely determined, to have a Material Adverse Effect (to the best of the Parent’s knowledge and belief) have been started or threatened against it or any of its Subsidiaries.

Appears in 2 contracts

Samples: Loan Agreement (International Game Technology PLC), Facilities Agreement (International Game Technology PLC)

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No proceedings pending or threatened. No litigation, arbitration or administrative proceedings of or investigations of, or before, before any court, arbitral body or agency which are reasonably likelywhich, if adversely determined, might reasonably be expected to have a Material Adverse Effect on the Parent or the Group (seen as a whole) have (to the best of the Parent’s its knowledge and belief) have been started or threatened against it or any of its Subsidiaries.the Group Companies;

Appears in 2 contracts

Samples: Facilities Agreement (Danfoss Acquisition Inc), Facilities Agreement (Sauer Danfoss Inc)

No proceedings pending or threatened. No litigation, arbitration or administrative proceedings of or investigations of, or before, before any court, arbitral body or agency which are could reasonably likely, if adversely determined, be expected to have a Material Adverse Effect have (to the best of the Parent’s its knowledge and belief) have been started or threatened against it or any of its SubsidiariesGroup Company.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Abb LTD)

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No proceedings pending or threatened. No litigation, arbitration or administrative proceedings of or investigations of, or before, before any court, arbitral body or agency which are reasonably likelywhich, if adversely determined, might reasonably be expected to have a Material Adverse Effect have (to the best of the Parent’s its knowledge and beliefbelief having made due and careful enquiry) have been started or threatened against it any member of the Group (or against the directors of any member of its Subsidiariesthe Group).

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Markit Ltd.)

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