Common use of Absence of Material Litigation Clause in Contracts

Absence of Material Litigation. There shall be (i) no pending or overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company or the Purchaser, that seeks to enjoin the consummation of any of the transactions contemplated by this Agreement, (ii) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Assets hereunder and no proceedings pending which are reasonably likely to result in the issuance of such an order; and (iii) no pending or overtly threatened litigation, which has had or is expected to have an adverse affect on the Business or the Assets.

Absence of Material Litigation. There shall be (ia) no pending or ------------------------------ overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company Seller or the PurchaserBuyer, that seeks to enjoin the consummation of any of the transactions contemplated by this Agreement, (iib) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Purchased Assets hereunder and no proceedings pending which are reasonably likely to result in the issuance of such an order; and (iiic) no pending or overtly threatened litigation, which has had or is expected to have an adverse affect a Material Adverse Effect on the Business or the Purchased Assets.

Absence of Material Litigation. There shall be (i) no pending or overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company Seller or the PurchaserBuyer, that seeks to enjoin the consummation of any of the transactions contemplated by this Agreement, (ii) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Purchased Assets hereunder and no proceedings pending which are reasonably likely to result in the issuance of such an order; and (iii) no pending or overtly threatened litigation, which has had or is expected to have an adverse affect a Material Adverse Effect on the Business or the Purchased Assets.

Absence of Material Litigation. There shall be (ia) no pending or overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company Seller or the PurchaserBuyer, that seeks to enjoin the consummation of any of the transactions contemplated by this Agreement, (iib) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Purchased Assets hereunder and no proceedings pending which are reasonably likely to result in the issuance of such an order; and (iiic) no pending or overtly threatened litigation, which has had or is reasonably expected to have an adverse affect a Material Adverse Effect on the Business or the AssetsBusiness.

Absence of Material Litigation. There shall be (iA) no pending or overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company Seller or the Purchaser, that seeks to enjoin the consummation of any aspect of the transactions contemplated by this Agreement, (iiB) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Assets hereunder and no proceedings pending which are reasonably likely to result in the issuance of such an order; , and (iiiC) no pending or overtly threatened litigation, which has had or is expected to have an a material adverse affect on the Business or the Assets.

Absence of Material Litigation. There shall be (i) no ------------------------------ pending or overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company Seller or the Purchaser, Buyer that seeks to enjoin the consummation of any of the transactions transaction contemplated by this Agreement, (ii) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Assets Property hereunder and no or any proceedings pending which are reasonably likely to result in the issuance of such an order; and (iii) no other pending or overtly threatened litigation, which has had or is expected to have an adverse materially and adversely affect on the Business or ability of the Assetsparties to consummate the transaction contemplated hereby.

Absence of Material Litigation. There shall be (i) no pending or overtly threatened litigation (other than litigation which is determined by the parties in good faith, after consulting their respective attorneys, to be without legal or factual substance or merit), whether brought against the Company Seller or the Purchaser, Buyer that seeks to enjoin the consummation of any of the transactions contemplated by this Agreement, (ii) no order that has been issued by any court or governmental agency having jurisdiction that restrains or prohibits the consummation of the purchase and sale of the Purchased Assets hereunder and no or any proceedings pending which are reasonably likely to result in the issuance of such an order; and (iii) no other pending or overtly threatened litigation, which has had or is expected to have an adverse materially and adversely affect on the Business or ability of the Assetsparties to consummate the transactions contemplated hereby.