Litigation and Legal Proceedings. Except as set forth on Schedule 6.11, there is no outstanding judgment against Company or any director, officer or stockholder of Company affecting the Business or the Acquired Assets or which questions the validity of any action taken or to be taken by Company pursuant to or in connection with the provisions of this Agreement and there is no litigation, proceeding or investigation pending, or, to Company's knowledge, threatened, against Company or any director, officer or stockholder of Company affecting the Business or the Acquired Assets or which questions the validity of any action taken or to be taken by Company pursuant to or in connection with the provisions of this Agreement. Except as set forth on Schedule 6.11, there are no proceedings pending to which Company or any director, officer or stockholder of Company is a party or, to Company's knowledge, threatened, nor has Company received written notice of any demands by any Governmental Authority, utility or other party, to terminate, modify or adversely change the terms and conditions of Company's rights with respect to the Authorizations or Existing Contracts.
Appears in 3 contracts
Sources: Asset Purchase Agreement (Alliance Group Inc), Asset Purchase Agreement (Alliance Group Inc), Asset Purchase Agreement (Alliance Group Inc)