Common use of Proceedings Pending Clause in Contracts

Proceedings Pending. 6.1 The Company is not engaged in any litigation, arbitration, prosecution or other legal proceedings, or any proceedings or hearings before any statutory or governmental body, department, board or agency. 6.2 To the Seller's best knowledge and belief there are no facts which are likely to give rise to any litigation, arbitration, prosecution or other legal proceedings, or any proceedings or hearings before any statutory or governmental body, department, board or agency.