Common use of Governmental Entity Action Clause in Contracts

Governmental Entity Action. Notwithstanding anything to the contrary in this Agreement, if at any time prior to the Expiration Time a Governmental Entity enters an order restraining, enjoining or otherwise prohibiting any Stockholder or its Affiliates from taking any action pursuant to Section 3(a) and/or Section 3(b) of this Agreement, then (i) the obligations of each Stockholder set forth in Section 3(a) and Section 3(b) of this Agreement, as applicable, shall be of no force and effect for so long as such order is in effect to the extent such order restrains, enjoins or otherwise prohibits such Stockholder or Affiliate from taking any such action, and (ii) each Stockholder shall cause the Shares to not be represented in person or by proxy at any meeting at which a vote of such Stockholder on the Merger Agreement or the transactions contemplated thereby is sought or requested; provided, that neither the Stockholder or any of its controlled Affiliates solicited, knowingly encouraged or participated in any manner with any Governmental Entity in bringing action which resulted in such order.

Appears in 3 contracts

Samples: Voting Agreement (Enerflex Ltd.), Voting Agreement (Enerflex Ltd.), Voting Agreement (Chai Trust Co LLC)

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Governmental Entity Action. Notwithstanding anything to the contrary in this Agreement, if at any time prior to the Expiration Time a Governmental Entity enters an order restraining, enjoining or otherwise prohibiting any Stockholder Shareholder or its Affiliates from taking any action pursuant to Section 3(a) and/or Section 3(b) of this Agreement, then (i) the obligations of each Stockholder such Shareholder set forth in Section 3(a) and Section 3(b) of this Agreement, as applicable, shall be of no force and effect for so long as such order is in effect to the extent such order restrains, enjoins or otherwise prohibits such Stockholder Shareholder or Affiliate from taking any such action, and (ii) each Stockholder such Shareholder shall cause the Shares Subject Securities to not be represented in person or by proxy at any meeting at which a vote of such Stockholder on Shareholder in connection with the Merger Agreement or the transactions contemplated thereby Share Issuance Resolution is sought or requested; provided, that neither the Stockholder or such Shareholder nor any of its controlled Affiliates solicited, knowingly encouraged or participated in any manner with any Governmental Entity in bringing action which resulted in such order.

Appears in 1 contract

Samples: Voting Agreement (Exterran Corp)

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