Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Property or operations of the Borrower or any of the Restricted Subsidiaries have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of any Governmental Authority, directed against such Persons. To the best of the Borrower’s Knowledge, as of the Effective Date, except as set forth on Schedule 4.12 attached hereto and made part hereof, there are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting the businesses being operated by the Borrower or any of the Restricted Subsidiaries which are reasonably expected to have or result in a Material Adverse Effect.
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Sources: Loan Agreement (CSS Industries Inc)
Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Property or operations of the Borrower or any of the Restricted Subsidiaries Guarantors have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any Governmental Authoritystate or local government, or any political subdivision or agency thereof, directed against such Persons. To the best of the Borrower’s 's Knowledge, as of the Effective Closing Date, except as set forth on Schedule 4.12 attached hereto and made part hereof, there are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting the businesses business being operated by the Borrower or any of the Restricted Subsidiaries which are reasonably expected to have or result in a Material Adverse EffectGuarantors.
Appears in 1 contract
Sources: Loan Agreement (CSS Industries Inc)
Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, Property or operations of the any Borrower or any of the Restricted Subsidiaries have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any Governmental Authoritystate or local government, or any political subdivision or agency thereof, directed against such PersonsBorrower. To the best of the Borrower’s Knowledge, Except as of the Effective Date, except as set forth shown on Schedule 4.12 "4.12" attached hereto and made part hereof, there are no pending or or, to Borrowers' knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting the businesses business being operated by the Borrower or any of the Restricted Subsidiaries which are reasonably expected to have or result in a Material Adverse EffectBorrower.
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