Common use of Actions and Proceedings, etc Clause in Contracts

Actions and Proceedings, etc. There are no (i) outstanding judgments, orders, injunctions or decrees of any Governmental Entity or arbitration tribunal against the Buyer, (ii) lawsuits, actions or proceedings pending or, to the knowledge of the Buyer, threatened against the Buyer, or (iii) investigations by any Governmental Entity which are, to the knowledge of the Buyer, pending or threatened against the Buyer, and which, in the case of each of clauses (i), (ii) and (iii), would reasonably be expected to have a material adverse effect on the ability of the Buyer to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Echo Holdings, LLC), Stock Purchase Agreement (Echo Holdings, LLC), Securities Purchase Agreement (Echo Holdings, LLC)

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Actions and Proceedings, etc. There are no (i) outstanding judgments, orders, injunctions or decrees of any Governmental Entity or arbitration tribunal against the BuyerSeller, (ii) lawsuits, actions or proceedings pending or, to the knowledge of the BuyerSeller, threatened against the BuyerSeller, or (iii) investigations by any Governmental Entity which are, to the knowledge of the BuyerSeller, pending or threatened against the BuyerSeller, and which, in the case of each of clauses (i), (ii) and (iii), would reasonably be expected to have a material adverse effect on the ability of the Buyer Seller to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Echo Holdings, LLC), Securities Purchase Agreement (Echo Holdings, LLC), Stock Purchase Agreement (Echo Holdings, LLC)

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Actions and Proceedings, etc. There are no (i) outstanding ---------------------------- judgments, orders, writs, injunctions or decrees of any Governmental Entity court, governmental agency or arbitration tribunal against the BuyerBuyer which have a material adverse effect on the ability of the Buyer to consummate the transactions contemplated hereby, or (ii) lawsuitsactions, actions suits, claims or legal, administrative or arbitration proceedings or investigations pending or, to the best knowledge of the Buyer, threatened against the Buyer, or (iii) investigations by any Governmental Entity which are, to the knowledge of the Buyer, pending or threatened against the Buyer, and which, in the case of each of clauses (i), (ii) and (iii), would reasonably be expected are likely to have a material adverse effect on the ability of the Buyer to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Pretzel Time Inc), Asset Purchase Agreement (Fields MRS Original Cookies Inc)

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