Litigation and Other Claims. Except as described in SCHEDULE 3.11, there are no actions, suits, arbitration proceedings, claims or other proceedings arising out of or related to the Business of the Seller pending or, to the knowledge of Seller, threatened before any foreign, Federal, state, municipal or other court, department, commission, arbitration panel, board, bureau, agency, body or instrumentality against Seller or affecting the Purchased Assets at law or in equity. Seller is not a party to or subject to the provisions of any order, writ, injunction, decree or judgment of any court or foreign, Federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, securities exchange or other agency or instrumentality in connection with the ongoing operations of Seller except as set forth in SCHEDULE 3.11.
Litigation and Other Claims. Except as described in SCHEDULE 3.11, there are no actions, suits, arbitration proceedings, claims or other proceedings arising out of or related to the business of the Seller pending or, to the knowledge of Seller, threatened before any foreign, Federal, state, municipal or other court, department, commission, arbitration panel, board, bureau, agency, body or instrumentality against Seller or affecting the Purchased Assets at law or in equity. Seller is not a party to or subject to the provisions of any order, writ, injunction, decree or judgment of any court or foreign, Federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, securities exchange or other agency or instrumentality in connection with the ongoing operations of Seller except as set forth in SCHEDULE 3.11. PictureTel and Buyer shall share equally in the cash settlement amount paid to PictureTel and MultiLink pursuant to the Settlement Agreement dated November 13, 2000, between Seller, PictureTel, Octave Communications, Inc. and Messrs. Robexx Xxxxx xxx Arthxx Xxxxxxxxx (xxe "Settlement Agreement"). PictureTel has received $100,000 to date pursuant to the Settlement Agreement, of which $50,000 shall be paid to Buyer. All future payments paid to PictureTel or MultiLink pursuant to the Settlement Agreement subsequent to Closing shall be shared equally by PictureTel and Buyer. PictureTel agrees to pay to Buyer half of any such cash received within five days of receipt thereof.
Litigation and Other Claims. 17 3.12 Sufficiency of Purchased Assets ............................... 18 3.13
Litigation and Other Claims. 24 ARTICLE V
Litigation and Other Claims. There are no actions, suits, arbitration proceedings, claims or other proceedings arising out of or related to the Business of the Seller pending or, to the knowledge of Seller, threatened before any foreign, Federal, state, municipal or other court, department, commission, arbitration panel, board, bureau, agency, body or instrumentality against Seller or affecting the Purchased Assets at law or in equity. Seller is not a party to or subject to the provisions of any order, writ, injunction, decree or judgment of any court or foreign, Federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, securities exchange or other agency or instrumentality in connection with the ongoing operations of Seller.
Litigation and Other Claims. Except as described in the Disclosure Document, there are no actions, suits, arbitration proceedings, claims or other proceedings arising out of or related to the business of MTS.
Litigation and Other Claims. 13 3.12 [Intentionally Omitted]......................................................13 3.13
Litigation and Other Claims. To the Sellers' Knowledge, there are no actions, suits, arbitration proceedings, claims, administrative charges, investigations, audits or other proceedings related to the Sellers or relating to any of the Purchased Assets pending or threatened before any foreign, federal, state, municipal or other court, department, commission, arbitration panel, board, bureau, agency, body or instrumentality against any Seller or affecting any of the Sellers' property or assets (including the Purchased Assets) at law or in equity except as set forth on Schedule 3.11. No Seller is a party to or subject to the provisions of any order, writ, injunction, decree or judgment of any court or foreign, federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, any securities exchange or other agency or instrumentality in connection with the ongoing operations of the Sellers except as set forth on Schedule 3.11. No Seller is engaged in any arbitration nor has either Seller submitted any disputed matter to an arbitrator in connection with the ongoing operations of the Sellers except as set forth on Schedule 3.11.
Litigation and Other Claims. Except as described in Schedule 3.10, there are no actions, suits, arbitration proceedings, claims, investigations or proceedings (civil, criminal or administrative) related to the Business or relating to any of the Purchased Assets pending or, to the knowledge of Seller, threatened before any foreign, Federal, state, municipal or other court, department, commission, arbitration panel, board, bureau, agency, body or instrumentality against Seller or affecting any of the Purchased Assets, at law or in equity. Schedule 3.10 also contains a complete list of all such claims, actions, proceedings and investigations against Seller relating to the Business during the five years prior to the date hereof and a description of the disposition thereof. The settlement with the CPSC referred to in Schedule 3.10 constitutes a full and final resolution of all pending CPSC investigations and claims concerning Seller's products. Seller is not a party to or subject to the provisions of any order, writ, injunction, decree or judgment of any court or foreign, Federal, state, municipal or other governmental or administrative body, department, commission, board, bureau, any securities exchange or other agency or instrumentality in connection with the ongoing operations of Seller except as set forth in Schedule 3.10.
Litigation and Other Claims. (A) PENDING AND THREATENED LITIGATION. There are no actions, suits, claims (including products liability claims) or proceedings pending or, to the best knowledge of Transferee, threatened, before any foreign, federal, state, municipal or other governmental court, department, commission, board, bureau, agency, body or instrumentality against Transferee or affecting any of its property or assets at law or in equity, which, if determined adversely to Transferee, net of insurance, would have a material adverse effect on the performance by Transferee of its obligations under or pursuant to this Agreement or Transferee's Closing Documents.
