Common use of Proceedings and Judgments Clause in Contracts

Proceedings and Judgments. There is no Proceeding pending or, to the knowledge of Seller, threatened against or affecting the Purchased Assets, and there are no judgments, decrees, injunctions or orders of any Governmental Authority outstanding against any of the Purchased Assets. There is no Proceeding pending or, to the knowledge of Seller, threatened against or affecting either Seller that could reasonably be expected to have a Material Adverse Effect, and there are no material judgments, decrees, injunctions or orders of any Governmental Authority outstanding against either Seller with respect to the Purchased Assets.

Proceedings and Judgments. There is no Proceeding pending or, to the knowledge of Sellerthe Sellers, threatened against or affecting the Purchased Assets, and there are no judgments, decrees, injunctions or orders of any Governmental Authority outstanding against any of the Purchased Assets. There is no Proceeding pending or, to the knowledge of SellerSellers, threatened against or affecting either Seller the Sellers that could reasonably be expected to have a Material Adverse Effect, and there are no material judgments, decrees, injunctions or orders of any Governmental Authority outstanding against either Seller the Sellers with respect to the Purchased Assets.