Common use of Pending or Threatened Litigation Clause in Contracts

Pending or Threatened Litigation. Between the effective date of this Agreement and the Closing, Seller and Purchaser shall inform each other, promptly upon obtaining knowledge thereof, of any pending or threatened litigation which reasonably could be anticipated to (i) render inaccurate in any material respect any representation or warranty made by Seller or Purchaser (as the case may be); or (ii) prohibit or restrain or materially and adversely affect the consummation of the transactions contemplated hereby or the performance by Seller or Purchaser of their respective obligations hereunder.

Pending or Threatened Litigation. Between the effective date of this Agreement and the Closing, the Seller and Purchaser the Buyer shall inform each other, promptly upon obtaining knowledge thereof, of any pending or threatened litigation which reasonably could be anticipated to to: (ia) materially affect the Purchased Assets; (b) render inaccurate in any a material respect any representation or warranty made by the Seller or Purchaser the Buyer; or (as the case may be); or (iic) prohibit or restrain or materially and adversely affect the consummation of the transactions contemplated hereby or the performance by the Seller or Purchaser the Buyer of their respective obligations hereunder.

Pending or Threatened Litigation. Between the effective date of this Agreement and the Closing, the Seller Entities and the Purchaser shall inform each other, promptly upon obtaining knowledge Knowledge thereof, of any pending or threatened litigation Action which reasonably could be anticipated to (ia) render inaccurate in any material respect any representation or warranty made by the Seller Entities or the Purchaser (as the case may be); or (iib) prohibit or restrain or materially and adversely affect the consummation of the transactions contemplated hereby or the performance by any Seller Entity or the Purchaser of their its respective obligations hereunder.

Pending or Threatened Litigation. Between the effective date of this Agreement and the Closing, the Seller and the Purchaser shall inform each other, promptly upon obtaining knowledge Knowledge thereof, of any pending or threatened litigation Action which reasonably could be anticipated to (ia) render inaccurate in any material respect any representation or warranty made by the Seller or the Purchaser (as the case may be); or (iib) prohibit or restrain or materially and adversely affect the consummation of the transactions contemplated hereby or the performance by the Seller or the Purchaser of their its respective obligations hereunder.

Pending or Threatened Litigation. Between the effective date of this Agreement and the Closing, Seller Sellers and Purchaser shall inform each other, promptly upon obtaining knowledge thereof, of any pending or threatened litigation which reasonably could be anticipated to (i) render inaccurate in any material respect any representation or warranty made by any Seller or Purchaser (as the case may be); or (ii) prohibit or restrain or materially and adversely affect the consummation of the transactions contemplated hereby or the performance by any Seller or Purchaser of their respective obligations hereunder.