No Pending Actions Sample Clauses
The "No Pending Actions" clause serves to confirm that, at the time of entering into the agreement, neither party is involved in any ongoing legal proceedings or disputes that could affect their ability to fulfill the contract. In practice, this means each party must disclose whether there are any lawsuits, regulatory investigations, or arbitration matters currently pending against them. By including this clause, the parties aim to ensure transparency and reduce the risk of unforeseen legal complications that could impact the performance or enforceability of the agreement.
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No Pending Actions. There are no actions, suits or proceedings pending or to the knowledge of the Company, threatened against the Company at law or in equity or before or by any Federal or state commission, regulatory body or administrative agency or other governmental body, domestic or foreign, which will have a material adverse effect on the business or property of the Company.
No Pending Actions. There is no action pending against Sponsor or, to Sponsor’s knowledge, threatened against Sponsor, before any court, arbitrator, or governmental authority, which in any manner challenges or seeks to prevent, enjoin or materially delay the performance by Sponsor of its obligations under this Agreement.
No Pending Actions. There are no actions, suits or proceedings pending or, to the knowledge of the Advisor, threatened against the Advisor at law or in equity or before or by any Federal or state commission, regulatory body or administrative agency or other governmental body, domestic or foreign, which could reasonably be expected to have a material adverse effect on the business or property of the Advisor and its subsidiaries, taken as a whole.
No Pending Actions. There is no action pending against Investor or, to Investor’s knowledge, threatened against Investor, before any court, arbitrator, or governmental authority, which in any manner challenges or seeks to prevent, enjoin or materially delay the performance by Investor of its obligations under this Agreement.
No Pending Actions. Indemnitee represents to the Company that, to Indemnitee's actual knowledge, (i) there is no Indemnifiable Action or Indemnifiable Derivative Action involving Indemnitee as of the date of this Agreement and (ii) no facts exist that may form the basis for any such Action involving Indemnitee.
No Pending Actions. There are no actions, suits or proceedings pending or, to the knowledge of the Sponsor, threatened against the Sponsor at law or in equity or before or by any Federal or state commission, regulatory body or administrative agency or other governmental body, domestic or foreign, which could reasonably be expected to have a material adverse effect on the business or property of the Sponsor and its subsidiaries, taken as a whole.
No Pending Actions. There is no action pending against the Company or, to the Company’s knowledge, threatened against the Company, before any court, arbitrator, or governmental authority, which in any manner challenges or seeks to prevent, enjoin or materially delay the performance by the Company of its obligations under this Agreement.
No Pending Actions. There is no action pending against SPAC or, to SPAC’s knowledge, threatened against SPAC, before any court, arbitrator, or governmental authority, which in any manner challenges or seeks to prevent, enjoin or materially delay the performance by SPAC of its obligations under this Agreement.
No Pending Actions. To FCRHA’s knowledge; (i) there are no actions, suits, proceedings (including any arbitration proceedings, condemnation, expropriation or other proceeding in eminent domain, or environmental, zoning or other land use regulation proceedings), orders, investigations or claims that are pending against or relating to the Property or the FCRHA’s rights therein; and (ii) there are no proceedings threatened or planned to be instituted by or against or relating to the Property.
No Pending Actions. There are no actions, suits, proceedings, claims or hearings of any kind or nature or, to the best of the knowledge of the CONSULTANT, any investigations or inquiries, before or by any court, governmental authority, tribunal or instrumentality, pending or threatened against the CONSULTANT, or involving the properties of the CONSULTANT which could have resulted in any material adverse change in the business, properties, financial position or results of operations of the CONSULTANT, or which could have materially adversely affected the transaction or other acts then contemplated by this Agreement or the validity or enforceability of this Agreement.