Common use of Litigation or Claims Clause in Contracts

Litigation or Claims. Purchaser is not engaged in, or a party to or threatened with, any suit, action, proceeding, inquiry, enforcement action, investigation, claim or demand or legal, administrative, arbitration or other method of settling disputes or disagreements which could reasonably be expected to have a material adverse effect on Purchaser’s ability to operate the Hospital on or after the Closing or that would otherwise affect adversely the ability of Purchaser to perform its obligations under this Agreement.

Appears in 3 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement