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No actions or proceedings Clause
No actions or proceedings that would affect this agreement are pending in any court or other forum. There are no judgments, executions, attachments, or replevins outstanding against the Transferor. The Transferor has filed no petition in bankruptcy or for an arrangement with creditors nor has any such petition been filed against Transferor in the past [number] years. The Transferor has not taken advantage of any law relating to insolvency in the past [number] years.