Common use of Adverse Proceedings, Injunction, Etc Clause in Contracts

Adverse Proceedings, Injunction, Etc. There shall not be any order, decree, or injunction of any court or agency of competent jurisdiction which enjoins or prohibits consummation of the Share Exchange or any of the parties hereto from consummating such transaction, nor any pending or threatened investigation of such transactions by the United States Department of Justice, or any suit, action, or proceeding instituted by any governmental, administrative, or regulatory agency, pending or threatened before any court or governmental agency, seeking to restrain or prohibit the Bank or the Corporation from carrying out any of the terms or provisions of this Agreement.

Appears in 3 contracts

Samples: Reorganization and Share Exchange Agreement (Bank of the Carolinas CORP), Reorganization and Share Exchange Agreement (Mountainbank Financial Corp), Reorganization and Share Exchange Agreement (Mountainbank Financial Corp)

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Adverse Proceedings, Injunction, Etc. There shall not be any order, decree, or injunction of any court or agency of competent jurisdiction which enjoins or prohibits consummation of the Share Exchange or any of the parties hereto from consummating such transaction, nor any pending or threatened investigation of such transactions by the United States Department of Justice, or any suit, action, or proceeding instituted by any governmental, administrative, or regulatory agency, pending or threatened before any court or governmental govermnental agency, seeking to restrain or prohibit the Bank or the Corporation from carrying out any of the terms or provisions of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Holding Company Reorganization and Share Exchange (North State Bancorp)

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Adverse Proceedings, Injunction, Etc. There shall not be any order, decree, or injunction of any court or agency of competent jurisdiction which enjoins or prohibits consummation of the Share Exchange or any either of the parties hereto from consummating such transaction, nor any pending or threatened investigation of such transactions by the United States Department of Justice, or any suit, action, or proceeding instituted by any governmental, administrative, or regulatory agency, pending or threatened before any court or governmental agency, seeking to restrain or prohibit the Bank Mountain 1st or the Corporation from carrying out any of the terms or provisions of this Agreement.

Appears in 1 contract

Samples: Reorganization and Share Exchange Agreement (1st Financial Services CORP)

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