Litigation and Disputes. 6.13.1 As of the Signing Date and the Closing Date, no Group Company is involved in any pending material suit, administrative proceeding, arbitration or other legal proceeding or investigation, and, as of the Signing Date no such material suit, administrative proceeding, arbitration or other legal proceeding or investigation is, to the Seller’s Knowledge, threatened against any Group Company. 6.13.2 There are no Orders of any Applicable Authority against any Group Company and, to the Seller’s Knowledge, no event has occurred and no circumstance currently exists in the Group Companies that is reasonably likely to serve as a valid basis for any Proceeding against any of the Group companies.
Appears in 2 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (Dollar Financial Corp)