Common use of Absence of Challenge Clause in Contracts

Absence of Challenge. At or prior to the Closing Date no material action or proceeding by or before any court or other governmental body shall have been instituted by any governmental body or person whatsoever other than Purchasers against any of the parties hereto, or any partner, officer, employee or other representative of Sellers with respect to this Agreement or any transaction provided for herein or connected herewith, whether preceding the execution and delivery of this Agreement or arising subsequently.

Absence of Challenge. At or prior to the Closing Date no material action or proceeding by or before any court or other governmental body shall have been instituted by any governmental body or person whatsoever whatsoever, other than Purchasers Sellers, against any of the parties hereto, or any partner, officer, employee or other representative of Sellers Purchasers with respect to this Agreement or any transaction provided for herein or connected herewith, whether preceding the execution and delivery of this Agreement or arising subsequently.