Common use of Adverse Judgments Clause in Contracts

Adverse Judgments. There are no judgments or outstanding orders, injunctions, decrees, stipulations or awards (whether rendered by a Governmental Authority or by an arbitrator) against Seller (or affecting any of the Timberlands) that prohibit or restrict or could reasonably be expected to result in any material delay of the consummation of the transactions contemplated by this Agreement or the Ancillary Agreements.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Rayonier, L.P.), Purchase and Sale Agreement (Potlatch Corp), Purchase and Sale Agreement (Forestar Group Inc.)

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Adverse Judgments. There As of the date hereof, there are no judgments or outstanding orders, injunctions, decrees, stipulations or awards (whether rendered by a Governmental Authority or by an arbitrator) against Seller (or affecting any of the Timberlands) that prohibit or restrict or could reasonably be expected to result in any material delay of the consummation of the transactions contemplated by this Agreement or the Ancillary Agreements.

Appears in 1 contract

Samples: Purchase Agreement (Temple Inland Inc)

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