Common use of Knowledge of Pending or Threatened Litigation Clause in Contracts

Knowledge of Pending or Threatened Litigation. Each Party represents and warrants to the other Parties that there is no claim, investigation, suit, action or proceeding pending or, to the knowledge of such Party, expressly threatened, against such Party before or by any governmental entity or arbitrator that, individually or in the aggregate, could reasonably be expected to (i) have a material adverse effect on such Party, (ii) materially impair the ability of such Party to perform any obligation under this Agreement or (iii) prevent or materially delay or alter the consummation of any or all of the transactions contemplated hereby.

Knowledge of Pending or Threatened Litigation. Each Party represents and warrants to the other Parties Party that there is no claim, investigation, suit, action or proceeding pending or, to the knowledge of such Party, expressly threatened, against such Party before or by 50 any governmental entity or arbitrator that, individually or in the aggregate, could reasonably be expected to (i) have a material adverse effect on such Party, (ii) materially impair the ability of such Party to perform any obligation under this Agreement or (iiiii) prevent or materially delay or alter the consummation of any or all of the transactions contemplated hereby.