Examples of Disclosed Matters in a sentence
Except for the Disclosed Matters, such Borrower and its Subsidiaries have complied in all material respects with all applicable statutes, rules, regulations, orders and restrictions of any domestic or foreign government or any instrumentality or agency thereof having jurisdiction over the conduct of their respective businesses or the ownership of their respective Property, the non-compliance with which could reasonably be expected to result in a Material Adverse Effect with respect to such Borrower.
As of the Closing Date, since December 31, 2011, there has been no change in the business, Property, condition (financial or otherwise) or results of operations of such Borrower and its Subsidiaries (other than any Project Finance Subsidiary), taken as a whole, that could reasonably be expected to have a Material Adverse Effect with respect to such Borrower, except for the Disclosed Matters.
As of the Closing Date, other than the Disclosed Matters, there is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of its officers, threatened against or affecting such Borrower or any of its Subsidiaries that could reasonably be expected to have a Material Adverse Effect with respect to such Borrower or that seeks to prevent, enjoin or delay the making of any Loans to such Borrower.