NO PROCEEDINGS definition

NO PROCEEDINGS. There are no proceedings or investigations commenced or, to the best of its knowledge, pending or threatened against the Transferor or any Additional Transferor before any Court, regulatory body, arbitral tribunal or public or administrative body or agency (i) asserting the invalidity of any Relevant Document or of any assignment made in the manner therein contemplated; (ii) seeking to prevent the entering into of any such assignment or of any of the transactions contemplated by any Relevant Document; (iii) seeking any determination or ruling that, in the Transferor's or such Additional Transferor's reasonable opinion, would materially and adversely affect the performance by it of its obligations under any Relevant Document; or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of any Relevant Document or any assignment of Receivables to be made in the manner therein contemplated.
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NO PROCEEDINGS. There are no proceedings or investigations commenced or, to the best of its knowledge, pending or threatened against the relevant Transferor or Additional Transferor before any Court, regulatory body, arbitral tribunal or public or administrative body or agency (i) asserting the invalidity of any Relevant Document or of any assignment or declaration of trust made in the manner therein contemplated; (ii) seeking to prevent the entering into of any such assignment or declaration of trust or of any of the transactions contemplated by any Relevant Document; (iii) seeking any determination or ruling that, in such Transferor's or Additional Transferor's reasonable opinion, would materially and adversely affect the performance by it of its obligations under any Relevant Document; or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of any Relevant Document or any assignment of or declaration of trust over Receivables to be made in the manner therein contemplated.
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NO PROCEEDINGS. There are no proceedings or investigations commenced or, to the best of its knowledge, pending or threatened against the Transferor before any Court, regulatory body, arbitral tribunal or public or administrative body or agency (i) asserting the invalidity of any Transaction Document or of any Receivables Assignment made in the manner therein contemplated; (ii) seeking to prevent the entering into of any such Receivables Assignment or of any of the transactions contemplated by any Transaction Document; (iii) seeking any determination or ruling that, in the Transferor's reasonable opinion, would materially and adversely affect the performance by it of its obligations under any Transaction Document; or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of any Transaction Document or any Receivables Assignment to be made in the manner therein contemplated.
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Examples of NO PROCEEDINGS in a sentence

  • Annex F-1 737770282 04351262 743517908 04351262 By:_______________________________ Name: Title: Annex F-2 737770282 04351262 743517908 04351262 ANNEX G FORM OF NO PROCEEDINGS LETTER AGREEMENT Dated as of [__________] [__], 20[__] PNC Bank, National Association [______________] [______________] Attn: [______________] FleetCor Funding LLC [______________] [______________] Attn: [______________] FleetCor Technologies, Inc.

  • NO PROCEEDINGS Since the date of this Agreement, there must not have been commenced or threatened against Buyer, or against any Related Person of Buyer, any Proceeding (a) involving any challenge to, or seeking damages or other relief in connection with, any of the Contemplated Transactions, or (b) that may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the Contemplated Transactions.

  • In unusual circumstances, there may be flexibility in the use of these days by mutual agreement between the member and the Manager of the Office of Staff Relations.

  • NO PROCEEDINGS No Litigation: [The Company is not][No Group Company is] a party to any legal action or proceedings, arbitration, or statutory or governmental inquiry of any kind, nor is the Company aware of any such legal proceedings, arbitration or inquiry, pending or threatened against, or involving, [the Company][any Group Company].

  • THE REGISTRATION STATEMENT SHALL HAVE BECOME EFFECTIVE UNDER THE SECURITIES ACT AND NO STOP ORDER SUSPENDING THE EFFECTIVENESS OF THE REGISTRATION STATEMENT SHALL HAVE BEEN ISSUED AND NO PROCEEDINGS FOR THAT PURPOSE SHALL HAVE BEEN INITIATED BY THE SEC AND NOT WITHDRAWN.

  • SECTION 3.1. CORPORATE EXISTENCE SECTION 3.2. MINUTE BOOKS SECTION 3.3. CAPITALIZATION SECTION 3.4. POWER AND AUTHORIZATION SECTION 3.5. DUE EXECUTION; ENFORCEABILITY SECTION 3.6. NONVIOLATION SECTION 3.7. NO APPROVALS REQUIRED SECTION 3.8. NO PROCEEDINGS SECTION 3.9. FINANCIAL STATEMENTS SECTION 3.10.


More Definitions of NO PROCEEDINGS

NO PROCEEDINGS means that an amendment cannot be moved, debated or the question on it put during formal Stage 2 proceedings unless the necessary financial resolution has been agreed to.
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NO PROCEEDINGS. There are no proceedings or investigations commenced or, to the best of its knowledge pending or threatened against it before any court, regulatory body, arbitral tribunal or public or administrative body or agency (i) asserting the invalidity of any Transaction Document to which it is party; (ii) seeking to prevent the entering into of any of the transactions contemplated by any such Transaction Document; (iii) seeking any determination or ruling that, in the reasonable opinion of the Servicer, would materially and adversely affect the performance by it of its obligations under any such Transaction Document; or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of any such Transaction Document.
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Related to NO PROCEEDINGS

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • Proceedings means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or arbitration.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Environmental Proceedings means any judicial or administrative proceedings arising from or in any way associated with any Environmental Requirement.

  • Bond proceedings means, collectively, this Ordinance, the Certificate of Award and such other proceedings of the City, including the Bonds, that provide collectively for, among other things, the rights of holders and beneficial owners of the Bonds.