Common use of Pending Litigation or Proceedings Clause in Contracts

Pending Litigation or Proceedings. There are no claims, suits, actions, proceedings, arbitrations or investigations pending or, to the Knowledge of Purchaser, threatened, against or otherwise relating to or involving Purchaser or any of its properties, the outcome of which would reasonably be expected to affect the ability of Purchaser to consummate the transactions contemplated by this Agreement or to have a Material Adverse Effect on Purchaser.

Appears in 1 contract

Sources: Stock Purchase Agreement (Atlantic American Corp)

Pending Litigation or Proceedings. There are no claims, suits, actions, proceedings, arbitrations or investigations pending or, to the Knowledge of PurchaserBuyer, threatened, against or otherwise relating to or involving Purchaser Buyer or any of its propertiesassets, the outcome of which would reasonably be expected to materially adversely affect the ability of Purchaser Buyer to consummate the transactions contemplated by this Agreement or to have a Material Adverse Effect on PurchaserAgreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (First Investors Financial Services Group Inc)

Pending Litigation or Proceedings. There are no claims, --------------------------------- suits, actions, proceedings, arbitrations or investigations pending or, to the Knowledge knowledge of PurchaserBuyer, threatened, against or otherwise relating to or involving Purchaser Buyer or any of its properties, the outcome of which would reasonably be expected to affect the ability of Purchaser Buyer to consummate the transactions contemplated by this Agreement or to have a Material Adverse Effect on PurchaserAgreement.

Appears in 1 contract

Sources: Merger Agreement (Satellink Communications Inc)