Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each Party to this Agreement to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing of the following conditions: No Injunctions or Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or governmental or regulatory authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect.
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Samples: Stock Purchase Agreement (Scientific Technologies Inc), Stock and Asset Purchase Agreement (Scientific Technologies Inc)
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each Party party to this Agreement to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing of the following conditions: :
(a) No Injunctions or Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or governmental or regulatory authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect.or
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Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each Party to this Agreement Sellers and Buyer to effect the Acquisition shall be subject to the satisfaction satisfaction, at or prior to the Closing Closing, of the following conditionscondition: No Injunctions no Governmental Body shall have enacted, issued, promulgated, enforced or Restraints; Illegality. No temporary restraining entered any statute, rule, regulation, executive order, decree, injunction, order or other legal restraint (whether temporary, preliminary or permanent injunction permanent) which is in effect and which has the effect of making the Acquisition illegal or other order issued by any court of competent jurisdiction otherwise prohibiting or governmental or regulatory authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effectAcquisition.
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