Common use of Absence of Litigation; Compliance with Laws Clause in Contracts

Absence of Litigation; Compliance with Laws. (a) No Action is pending or, to the best knowledge of the Acquiror, threatened that (i) seeks to, or would reasonably be expected to, materially impair or delay the ability of the Acquiror to consummate the transactions contemplated by, or to perform its obligations under, the Transaction Agreements or (ii) that (individually or in the aggregate, with any other Action) has had or would be reasonably expected to have an Acquiror Material Adverse Effect.

Appears in 1 contract

Samples: Purchase Agreement (Regal Beloit Corp)

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Absence of Litigation; Compliance with Laws. (a) No Action is pending or, to the best knowledge Knowledge of the Acquiror, threatened that (i) seeks to, or would reasonably be expected to, materially impair or delay the ability of the Acquiror to consummate the transactions contemplated by, or to perform its obligations under, the Transaction Agreements or (ii) that (individually or in the aggregate, with any other Action) has had or would be reasonably expected to have an Acquiror Material Adverse EffectAgreements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hc2 Holdings, Inc.)

Absence of Litigation; Compliance with Laws. (a) No Action is pending orpending, or to the best knowledge of the AcquirorAcquiror threatened, threatened that (i) seeks to, or would reasonably be expected to, materially impair or delay the ability of the Acquiror to consummate the transactions contemplated by, or to perform its obligations under, the Transaction Agreements or (ii) that (individually or in the aggregate, with any other Action) has had or would be reasonably expected to have an Acquiror Material Adverse EffectAgreements.

Appears in 1 contract

Samples: Recapitalization Agreement (GXS Corp)

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Absence of Litigation; Compliance with Laws. (a) No Action is pending or, to the best knowledge of the Acquiror, threatened that (i) seeks to, or would reasonably be expected to, materially impair or delay the ability of the Acquiror to consummate the transactions contemplated by, or to perform its obligations under, the Transaction Agreements or (ii) that (individually or in the aggregate, with any other Action) has had or would be reasonably expected to have an Acquiror Material Adverse EffectAgreements.

Appears in 1 contract

Samples: Purchase Agreement (Osi Systems Inc)

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