Except as listed in Schedule 4.8 attached hereto and made a part hereof, there are no administrative actions, arbitration, material grievances, examinations, claims, demands, suits, investigations or proceedings pending or, to the best of the Seller's knowledge after due inquiry, threatened against or involving the Seller, or which question or challenge the validity of this Agreement or any action taken or to be taken by either of the Seller pursuant to this Agreement or in connection with the transactions contemplated hereby, and the Seller do not know of any basis for any such action, suit, investigation or proceeding. Furthermore, in light of this representation and warranty, the Seller have made its best faith inquiries and investigations of the Seller's operations at its branch locations, if any.