Common use of No Litigation or Adverse Events Clause in Contracts

No Litigation or Adverse Events. There is no suit, action, or legal, administrative, arbitration or governmental investigation affecting LMP, or pending or overtly threatened against LMP, which might adversely affect LMP’s obligations hereunder.

Appears in 6 contracts

Sources: Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.)