Common use of Compliance with Laws; No Adverse Action or Decision Clause in Contracts

Compliance with Laws; No Adverse Action or Decision. Since the date hereof, (i) no Law shall have been promulgated, enacted or entered that restrains, enjoins, prevents, materially delays, prohibits or otherwise makes illegal the performance of any of the Transaction Agreements or Company Documents; (ii) no preliminary or permanent injunction or other order by any Governmental Entity that restrains, enjoins, prevents, delays, prohibits or otherwise makes illegal the performance of any of the Transaction Agreements or Company Documents shall have been issued and remain in effect; and (iii) no Governmental Entity shall have instituted any Proceeding that seeks to restrain, enjoin, prevent, delay, prohibit or otherwise make illegal the performance of any of the Transaction Agreements or Company Documents.

Appears in 4 contracts

Samples: Investment Agreement (Magellan Health Services Inc), Investment Agreement (Magellan Health Services Inc), Investment Agreement (On Semiconductor Corp)

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Compliance with Laws; No Adverse Action or Decision. Since the date hereof, (i) no Law shall have been promulgated, enacted or entered that restrains, enjoins, prevents, materially delays, prohibits or otherwise makes illegal the performance of this Agreement or any of the Transaction Agreements Investor Documents or Company Documents; (ii) no preliminary or permanent injunction or other order by any Governmental Entity Authority that restrains, enjoins, prevents, delays, prohibits or otherwise makes illegal the performance of this Agreement or any of the Transaction Agreements Investor Documents or the Company Documents shall have been issued and remain in effect; and (iii) no Governmental Entity Authority shall have instituted any Proceeding that seeks to restrain, enjoin, prevent, delay, prohibit or otherwise make illegal the performance of this Agreement or any of the Transaction Agreements Investor Documents or Company Documents.

Appears in 2 contracts

Samples: Restructuring Agreement (Memc Electronic Materials Inc), Restructuring Agreement (Memc Electronic Materials Inc)

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