Common use of Litigation and Compliance Clause in Contracts

Litigation and Compliance. There is no civil or criminal suit, action, claim, arbitration, administrative, legal or other proceeding or governmental investigation pending or, to the knowledge of QI, threatened against QI or its officers or managers in such capacity nor has there been any failure by QI or its officers or managers to comply with nor has there been any violation of, or default with respect to, any issued or pending order, writ, injunction, judgment or decree of any court or federal, state or local department, official, commission, authority, board, bureau, agency or other instrumentality against QI or its officers or managers in their capacity as, or in connection with their capacity as, officers and managers of QI.

Litigation and Compliance. There is no civil or criminal suit, action, claim, arbitration, administrative, legal or other proceeding or governmental investigation pending or, to the knowledge of the QI, threatened against the QI or its officers or managers directors in such capacity nor has there been any failure by the QI or its officers or managers directors to comply with nor has there been any violation of, or default with respect to, any issued or pending order, writ, injunction, judgment or decree of any court or federal, state or local department, official, commission, authority, board, bureau, agency or other instrumentality against the QI or its officers or managers directors in their capacity as, or in connection with their capacity as, officers and managers directors of the QI.