There are no actions, suits, proceedings, or investigations pending or, to the knowledge of Target after reasonable investigation, threatened against it, or affecting it or its properties, at law or in equity, before any court or other governmental agency or instrumentality, domestic or foreign, or before any arbitrator of any kind.  Target does not have any knowledge of any material default on its part with respect to any judgment, order, injunction, decree, award, rule, or regulation of any court, arbitrator, or governmental agency or instrumentality or of any circumstances which, after reasonable investigation, would result in the discovery of such a default. Target is not a party to or bound by, and its properties are not subject to, any judgment, order, writ, injunction, decree, or award.