Common use of Suits, Actions or Proceedings Clause in Contracts

Suits, Actions or Proceedings. Except as disclosed in Schedule 7.8, to Seller’s knowledge, there is (i) no court or administrative judgment or order which adversely affects the Assets or current operations thereof; and (ii) no legal, administrative or other suit, action, proceeding or arbitration, or governmental investigation pending or threatened which would reasonably be expected to materially and adversely affect the Assets or current operations thereof. To Seller’s knowledge, there is no suit, action, arbitration or other proceeding threatened or pending before any court or governmental agency, which may result in the restraint or prohibition of the consummation of the transactions contemplated by this Agreement.

Suits, Actions or Proceedings. Except as disclosed in Schedule 7.86.8, to Seller’s knowledge, there is (i) no court or administrative judgment or order which materially and adversely affects the Assets or Seller’s current operations operation thereof; and (ii) no legal, administrative or other suit, action, proceeding or arbitration, or governmental investigation pending or threatened which would reasonably be expected to materially and adversely affect the Assets or Seller’s current operations operation thereof. To Seller’s knowledge, there There is no suit, action, arbitration or other proceeding pending or, to Seller’s knowledge, threatened or pending before any court or governmental agency, which may result in the restraint or prohibition of the consummation of the transactions contemplated by this Agreement. 6.9.