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Common use of No Material Proceedings Clause in Contracts

No Material Proceedings. There are no Material Proceedings pending or, to the best knowledge of Borrower, threatened.

Appears in 11 contracts

Sources: Loan Agreement (Omniquip International Inc), Loan Agreement (Young Innovations Inc), Loan Agreement (Falcon Products Inc /De/)

Related Clauses

  • No Material Pending Actions
  • No Material Actions or Proceedings
  • No Material Litigation
  • Criminal Proceedings
  • Litigation; Governmental Proceedings

Parent Clauses

  • Representations and Warranties
  • REPRESENTATIONS
  • Representations and Warranties of the Company
  • Representations and Covenants
  • General Undertakings
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