Common use of Observance of Agreements, Statutes and Orders Clause in Contracts

Observance of Agreements, Statutes and Orders. There are no actions, suits, investigations or proceedings pending or, to the best knowledge of the Company, threatened against or affecting any Obligor or any other Subsidiary or any Property of any Obligor or any other Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority that could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Note Purchase Agreement (Eastgroup Properties Inc)

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Observance of Agreements, Statutes and Orders. There Except as disclosed in the Disclosure Documents, there are no actions, suits, investigations suits or proceedings pending or, to the best knowledge of the Company, threatened against or affecting any Obligor the Company or any other Subsidiary or any Property property of any Obligor the Company or any other Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority that could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Bond Purchase Agreement (Potomac Electric Power Co)

Observance of Agreements, Statutes and Orders. There are no actions, suits, investigations suits or proceedings pending or, to the best knowledge of the Company, threatened against or affecting any Obligor the Company or any other Subsidiary or any Property property of any Obligor the Company or any other Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority that couldthat, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Note Purchase and Shelf Agreement (Old Dominion Freight Line Inc/Va)

Observance of Agreements, Statutes and Orders. There Except as disclosed in the Disclosure Documents, there are no actions, suits, investigations suits or proceedings pending or, to the best knowledge of the Company, threatened against or affecting any Obligor the Company or any other Subsidiary or any Property property of any Obligor or any other Subsidiary the Company in any court or before any arbitrator of any kind or before or by any Governmental Authority that could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Bond Purchase Agreement (Atlantic City Electric Co)

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Observance of Agreements, Statutes and Orders. There are no actions, suits, investigations suits or proceedings pending or, to the best knowledge Knowledge of the Company, threatened against or affecting any Obligor the Company or any other Subsidiary or any Property property of any Obligor the Company or any other Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority that couldthat, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Amcon Distributing Co)

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