Common use of Litigation or Proceeding Clause in Contracts

Litigation or Proceeding. No litigation is pending or threatened, and no investigation, inquiry or governmental proceeding is pending or, to the best of Buyer's knowledge, threatened against or affecting the ▇▇▇▇▇▇▇▇ Funds (or any of them) before any court, arbitrator or federal, state, local or foreign governmental or regulatory agency or authority or self- regulatory authority (including, but not limited to, the Commission, the Commodities Futures Trading Commission and the Internal Revenue Service) that would be reasonably likely to materially and adversely affect the business operation's or financial condition of the ▇▇▇▇▇▇▇▇ Funds (or any of them).

Litigation or Proceeding. No litigation is pending or threatened, and no investigation, inquiry or governmental proceeding is pending or, to the best of BuyerSeller's knowledge, threatened against or affecting the ▇▇▇▇▇▇▇▇ Funds (or any of them) before any court, arbitrator or federal, state, local or foreign governmental or regulatory agency or authority or self- self-regulatory authority (including, but not limited to, the Commission, the Commodities Futures Trading Commission and the Internal Revenue Service) that would be reasonably likely to materially and adversely affect the business operation's or financial condition of the ▇▇▇▇▇▇▇ Funds (or any of them) or materially delay, materially hinder or prohibit the solicitation of proxies from shareholders of the ▇▇▇▇▇▇▇ Funds (or any of them).