Common use of Pending or Threatened Litigation Clause in Contracts

Pending or Threatened Litigation. Except as set forth in Schedule 4.8 to the Loan Agreement, there are no actions, suits, proceedings or other litigation (including proceedings by or before any arbitrator or governmental authority) pending, or to the knowledge of Guarantor, threatened against Guarantor, that (a) challenge the validity or propriety of this Agreement or of the secured financing transactions contemplated under the Loan Agreement, (b) could, if adversely determined, have a Material Adverse Effect on the real and personal property or financial or other condition of Guarantor, or (c) could materially affect the ability of Guarantor to perform Guarantor's obligations under this Agreement.

Appears in 3 contracts

Samples: Guaranty Agreement (BLC Financial Services Inc), Guaranty Agreement (BLC Financial Services Inc), Guaranty Agreement (BLC Financial Services Inc)

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Pending or Threatened Litigation. Except as set forth in Schedule 4.8 to the Loan Agreement, there There are no actions, suits, proceedings or other litigation (including proceedings by or before any arbitrator or governmental authority) pending, or to the knowledge of Guarantor, threatened against Guarantor, that which (a) challenge the validity or propriety of this Agreement Guaranty or of the secured financing transactions contemplated under the Loan AgreementAgreement and the other Loan Documents, (b) could, if adversely determined, have a Material Adverse Effect material adverse effect on the real and personal property properties, businesses, results of operations or financial or other condition of Guarantor, or (c) could materially affect the ability of Guarantor to perform Guarantor's its obligations under this AgreementGuaranty.

Appears in 2 contracts

Samples: Guaranty (Crimson Wine Group, LTD), Guaranty (Crimson Wine Group, LTD)

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Pending or Threatened Litigation. Except as set forth in Schedule 4.8 to the Loan Agreement, there are no actions, suits, proceedings or other litigation (including proceedings by or before any arbitrator or governmental authority) pending, or to the knowledge of Guarantor, threatened 10 against Guarantor, that (a) challenge the validity or propriety of this Agreement or of the secured financing transactions contemplated under the Loan Agreement, (b) could, if adversely determined, have a Material Adverse Effect on the real and personal property or financial or other condition of Guarantor, or (c) could materially affect the ability of Guarantor to perform Guarantor's obligations under this Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Allied Capital Corp)

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