Common use of Approvals; Absence of Certain Legal Proceedings Clause in Contracts

Approvals; Absence of Certain Legal Proceedings. All required approvals of any Governmental Authority shall have been obtained and no suit or other legal proceeding shall have been commenced seeking to restrict or prohibit the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement (Altris Software Inc)

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Approvals; Absence of Certain Legal Proceedings. All required approvals of any Governmental Authority shall must have been obtained obtained, and no suit or other legal proceeding shall be pending or have been commenced seeking to restrict or prohibit the transactions contemplated by this AgreementAgreement (including, for the avoidance of doubt, any suit or other legal proceeding alleging any breach of fiduciary duty by or on behalf of Sellers or the USI Board).

Appears in 1 contract

Samples: Asset Purchase Agreement (Universal Security Instruments Inc)

Approvals; Absence of Certain Legal Proceedings. All required approvals of any Governmental Authority shall have been obtained obtained, and no suit or other legal proceeding shall have been commenced seeking to restrict or prohibit the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Starrett L S Co)

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Approvals; Absence of Certain Legal Proceedings. All required approvals of any Governmental Authority governmental authority shall have been obtained obtained, and no suit or other legal proceeding shall have been commenced seeking to restrict or prohibit the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ontrack Data International Inc)

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