Common use of Actions; Legality Clause in Contracts

Actions; Legality. There shall be no (i) Legal Proceeding of any kind or nature pending or overtly threatened by any Governmental Entity or (ii) material private Legal Proceeding pending, in either case against (A) Acquirer or any of its Affiliates, or against the Company or any of its Affiliates, preventing or challenging the consummation of the Merger or the other Transactions, or (B) that is or may be otherwise material to the business, financial condition or operations of the Company. The consummation of the Transactions shall be permitted by Applicable Law to which Acquirer, Merger Sub and the Company is subject.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Versus Systems Inc.), Agreement and Plan of Merger (Versus Systems Inc.)

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Actions; Legality. There shall be no (i) Legal Proceeding of any kind or nature pending or overtly threatened by any Governmental Entity or (ii) material private Legal Proceeding pending, in either case against (A) Acquirer or any of its Affiliates, or against the Company or any of its Affiliates, Affiliates preventing or challenging the consummation of the Merger or the other Transactions, or (B) that is or may be otherwise material to the business, financial condition or operations of the Company. The consummation of the Transactions shall be permitted by Applicable Law to which Acquirer, Merger Sub and the Company is subject.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Versus Systems Inc.), Agreement and Plan of Merger (Versus Systems Inc.)

Actions; Legality. There shall be no (i) Legal Proceeding of any kind or nature pending or overtly threatened in writing by any Governmental Entity or (ii) material private Legal Proceeding pending, in either case against (A) the Acquirer or any of its Affiliates, Affiliates or against the Company or any of its Affiliates, Affiliates preventing or challenging the consummation of the Merger or the other Transactions, Transactions or (B) that is or may be otherwise material to the business, financial condition or operations of the Company. The consummation of the Transactions shall be permitted by Applicable Law to which the Acquirer, the Merger Sub Sub, and the Company is subject.

Appears in 1 contract

Samples: Agreement and Plan of Merger (JanOne Inc.)

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Actions; Legality. There shall be no (i) Legal Proceeding of any kind or nature pending or overtly threatened t:h.t;eatened in writing by any Governmental Entity or (ii) material private Legal Proceeding pending, in either case against (A) the Acquirer or any of its Affiliates, or against the Company or any of its Affiliates, preventing or challenging the consummation of the Merger or the other Transactions, or (B) that is or may be otherwise material to the business, financial condition or operations of the Company. The consummation of the Transactions shall be permitted by Applicable Law to which the Acquirer, the Merger Sub and the Company is are subject.

Appears in 1 contract

Samples: Agreement and Plan of Merger (JanOne Inc.)

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