Common use of Decrees, Etc Clause in Contracts

Decrees, Etc. Except for such matters as do not and are not reasonably likely to have a Parent Material Adverse Effect (i) no order, writ, fine, injunction, decree, judgment, award or determination of any court or governmental authority has been issued or entered against Parent or any Subsidiary of Parent that continues to be in effect that affects the ownership or operation of any of their respective assets, and (ii) no criminal order, writ, fine, injunction, decree, judgment or determination of any court or governmental authority has been issued against Parent or any Subsidiary of Parent.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (R&b Falcon Corp), Agreement and Plan of Merger (Cliffs Drilling Co), Agreement and Plan of Merger (R&b Falcon Corp)

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