Common use of EFFECT OF LAW ON CLOSING Clause in Contracts

EFFECT OF LAW ON CLOSING. There is no federal or state statute, rule or regulation, or order or rule of any federal or state regulatory agency, which would prevent Purchaser from purchasing the Acquired Assets and assuming the Assumed Liabilities as contemplated by this Agreement.

EFFECT OF LAW ON CLOSING. There is no federal or state statute, rule or regulation, or order or rule of any federal or state regulatory agency, agency which would prevent Purchaser the Seller from purchasing selling the Acquired Assets and assuming the Assumed Liabilities to Purchaser as contemplated by this Agreement.