Common use of Ability to Carry Out Agreement Clause in Contracts

Ability to Carry Out Agreement. Buyer is not a party to, subject to or bound by any agreement or instrument or any statute, regulation, judgment, order, writ, injunction or decree of any court or governmental body which could at the date of the Closing prevent the performance of its obligations under this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Alpharma Inc), Agreement of Sale (Alpharma Inc)

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Ability to Carry Out Agreement. Buyer Seller is not a party to, subject to to, or bound by any agreement or instrument or any statute, regulation, pending litigation, judgment, order, order writ, injunction injunction, or decree of any court or governmental body which could at the date of the Closing prevent the performance of any of its obligations under this AgreementAgreement or adversely affect the use by Buyer of the Purchased Assets or Buyer's ability to engage in the Vitamin Business as it is presently conducted.

Appears in 1 contract

Samples: Agreement of Sale (Alpharma Inc)

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Ability to Carry Out Agreement. Buyer Seller is not a party to, subject to to, or bound by any agreement or instrument or any statute, regulation, pending litigation, judgment, order, order writ, injunction injunction, or decree of any court or governmental body which could at the date of the Closing prevent the performance of any of its obligations under this AgreementAgreement or adversely affect the transfer to Buyer of the Purchased Assets or Buyer's ability to cause Seller to engage in the Business as it is presently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alpharma Inc)

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