Absence of Litigation Events. There has not been issued any injunction, order or decree that prohibits or limits any of the transactions contemplated by the Loan Documents and there shall not be any action, suit, proceeding or investigation pending or, to the best knowledge of the Borrower, currently threatened against the Borrower or any Lender Party that (i) draws into question the validity, legality or enforceability of any Loan Document or to consummate the transactions contemplated thereby or (ii) might result, either individually or in the aggregate, in any Material Adverse Change, except as set forth in Schedule 4.6.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Adflex Solutions Inc)
Absence of Litigation Events. There has not been issued any ----------------------------- injunction, order or decree that prohibits or limits any of the transactions contemplated by the Loan Documents and there shall not be any action, suit, proceeding or investigation pending or, to the best knowledge Knowledge of the BorrowerCI, currently threatened against the any Borrower or any Lender Party that (i) draws into question the validity, legality or enforceability of any Loan Document or its ability to consummate the transactions contemplated thereby or (ii) might result, either individually or in the aggregate, in any Material Adverse Change, except as set forth in Schedule 4.6.
Appears in 1 contract
Absence of Litigation Events. There has not been issued any injunction, order or decree that prohibits or limits any of the transactions contemplated by the Loan Documents and there shall not be any action, suit, proceeding or investigation pending or, to the best knowledge Knowledge of the Borrower, currently threatened against the Borrower or any Lender Party that (i) draws into question the validity, legality or enforceability of any Loan Document or to consummate the transactions contemplated thereby or (ii) might result, either individually or in the aggregate, in any Material Adverse Change, except as set forth in Schedule 4.6.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Cotelligent Group Inc)