Common use of Governmental Actions Clause in Contracts

Governmental Actions. There shall not have been instituted, pending or threatened any action or proceeding (or any investigation or other inquiry that might result in such an action or proceeding) by any governmental authority or administrative agency before any governmental authority, administrative agency or court of competent jurisdiction, nor shall there be in effect any judgment, decree or order of any governmental authority, administrative agency or court of competent jurisdiction, in either case, seeking to prohibit or limit the Purchaser from exercising all material rights and privileges pertaining to its ownership of the Shares.

Appears in 3 contracts

Samples: Acceleration and Exchange Agreement (Grand Union Co /De/), Acceleration and Exchange Agreement (Grand Union Co /De/), Acceleration and Exchange Agreement (Trefoil Investors Ii Inc)

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Governmental Actions. There shall not have been instituted, pending or threatened any action or proceeding (or any investigation or other inquiry that might result in such an action or proceeding) by any governmental authority or administrative agency before any governmental authority, administrative agency or court of competent jurisdiction, nor shall there be in effect any judgment, decree or order of any governmental authority, administrative agency or court of competent jurisdiction, in either case, seeking to prohibit or limit the Purchaser from exercising all material rights and privileges pertaining to its ownership of Merger or the Shares.transactions contemplated by this Agreement;

Appears in 2 contracts

Samples: Merger Agreement (Netvalue Inc), Merger Agreement (Netvalue Inc)

Governmental Actions. There shall not have been instituted, pending or threatened any action or proceeding (or any investigation or other inquiry that might result in such an action or proceeding) by any governmental authority or administrative agency before any governmental authority, administrative agency or court of competent jurisdiction, nor shall there be in effect any judgment, decree or order of any governmental authority, administrative agency or court of competent jurisdiction, in either case, seeking to prohibit or limit Pentose or any of its stockholders from consummating the Purchaser from exercising all material rights and privileges pertaining to its ownership Merger or otherwise complying with the terms of the Shares.this Agreement;

Appears in 1 contract

Samples: Merger Agreement (V I Technologies Inc)

Governmental Actions. There shall not have been instituted, pending or threatened any action or proceeding (or any investigation or other inquiry that might result in such an action or proceeding) by any governmental authority or administrative agency before any governmental authority, administrative agency or court of competent jurisdiction, domestic or foreign, nor shall there be in effect any judgment, decree or order of any governmental authority, administrative agency or court of competent jurisdiction, in either case, or any other legal restraint (i) preventing or seeking to prohibit or limit the Purchaser from exercising all material rights and privileges pertaining to its ownership prevent consummation of the Shares.Merger and the other transactions contemplated in this Agreement,

Appears in 1 contract

Samples: Merger Agreement (Access Plans Inc)

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Governmental Actions. There shall not have been instituted, be pending or threatened any action or proceeding (or any investigation or other inquiry that might result in such an action or proceeding) by any governmental authority Governmental Entity or administrative agency before any governmental authorityGovernmental Entity, administrative agency or court of competent jurisdiction, nor shall there be in effect any judgment, decree or order of any governmental authorityGovernmental Entity, administrative agency or court of competent jurisdiction, in either case, seeking to prohibit or limit the Purchaser from exercising all material rights and privileges pertaining to its ownership of the Sharesthat result in a Material Adverse Effect on any party.

Appears in 1 contract

Samples: Merger Agreement (Convera Corp)

Governmental Actions. There shall not have been instituted, pending or threatened any action or proceeding (or any investigation or other inquiry that might result in such an action or proceeding) by any governmental authority or administrative agency before any governmental authority, administrative agency or court of competent jurisdiction, nor shall there be in effect any judgment, decree or order of any governmental authority, administrative agency or court of competent jurisdiction, in either case, seeking to prohibit or limit the Purchaser from exercising all material rights and privileges pertaining to its ownership of the Shares.Common Stock, or seeking to compel the

Appears in 1 contract

Samples: Stock Purchase Agreement (Grand Union Co /De/)

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