Audits and Inquiries. Except for customary ongoing quality control reviews, no audit or investigation by a Governmental Authority is pending or, to the Knowledge of the Company, threatened that is reasonably likely to result in: (i) a Claim of a failure to comply with applicable Laws, (ii) rescission of any insurance or guaranty contract or agreement of the Company, (iii) payment, by the Company of a penalty (other than any immaterial payment) to any Governmental Authority; or (iv) revocation of any Permit, including any Permit to do business, of the Company.
Appears in 3 contracts
Sources: Purchase Agreement (Fortress Investment Group LLC), Purchase Agreement (Walker & Dunlop, Inc.), Purchase Agreement (Walker & Dunlop, Inc.)