Common use of Actions and Proceedings, etc Clause in Contracts

Actions and Proceedings, etc. There are no (a) outstanding judgments, orders, writs, injunctions or decrees of any court, governmental agency or arbitration tribunal against Buyer or (b) actions, suits, claims or legal, administrative or arbitration proceedings or investigations pending or, to the knowledge of Buyer, threatened against Buyer.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Magnetek Inc), Asset and Stock Purchase Agreement (Magnetek Inc), Asset Purchase Agreement (Magnetek Inc)

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Actions and Proceedings, etc. There are no no: (a) outstanding judgments, orders, writs, injunctions or decrees of any court, governmental agency or arbitration tribunal against Buyer or (b) actions, suits, claims or legal, administrative or arbitration proceedings or investigations pending or, to the knowledge of Buyer, threatened against BuyerBuyer in either case that are reasonably likely to materially and adversely affect the ability of Buyer to enter into and perform its obligations under this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Vought Aircraft Industries Inc), Asset Purchase Agreement (Magnetek Inc), Asset Purchase Agreement (DRS Technologies Inc)

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Actions and Proceedings, etc. There are no (a) outstanding judgments, orders, writs, injunctions or decrees of any court, governmental agency or arbitration tribunal against Buyer or (b) actions, suits, claims or legal, administrative or arbitration proceedings or investigations pending or, to the knowledge Knowledge of Buyer, threatened against Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Magnetek Inc)

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