Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "Action") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 7 contracts
Sources: Convertible Preferred Stock Purchase Agreement (Dynagen Inc), Convertible Debenture Purchase Agreement (Horizon Pharmacies Inc), Securities Purchase Agreement (Jaws Technologies Inc /Ny)
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "Action") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) couldcould reasonably be expected to, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 2 contracts
Sources: Convertible Debenture Purchase Agreement (Eltrax Systems Inc), Convertible Debenture and Warrant Purchase Agreement (Verso Technologies Inc)
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding proceeding, or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local local, or foreign) (collectively, an "Action") which (i) adversely affects or challenges the legality, validity validity, or enforceability of this Agreement or any of the Transaction Documents or the Securities Put Shares or (ii) could, individually or in the aggregate, have or result resulted in a Material Adverse Effect.
Appears in 1 contract
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its the Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an a "Action") which which: (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "Action") which which
(i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) couldcould reasonably be expected to, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "ActionACTION") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Sources: Secured Convertible Preferred Stock Purchase Agreement (Celexx Corp)
Litigation; Proceedings. There is no action, suit, inquiry, ----------------------- notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "Action") which (i) ------ adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or any of the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Sources: Securities Purchase Agreement (Internet Law Library Inc)
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "ActionACTION") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) couldcould reasonably be expected to, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Sources: 7.50% Convertible Debentures (Verso Technologies Inc)
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "Action") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Sources: Securities Purchase Agreement (Viisage Technology Inc)
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or adversely affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "ActionACTION") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, individually or in the aggregate, have or result in a Material Adverse Effect.
Appears in 1 contract
Sources: Convertible Preferred Stock Purchase Agreement (Commodore Holdings LTD)
Litigation; Proceedings. There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an "Action") which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, individually or in the aggregate, reasonably be expected to have or result in a Material Adverse Effect.
Appears in 1 contract