Common use of Injunctions or Restraints on Conduct of Business Clause in Contracts

Injunctions or Restraints on Conduct of Business. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint provision limiting or restricting in any material respect Acquiror’s ownership, conduct or operation of the businesses of the Company or any Company Subsidiary, following the Closing shall be in effect. There shall not be pending or threatened any Proceeding (i) commenced by any Governmental Entity, or (ii) commenced by any Person where such Person has a reasonable likelihood of succeeding on the merits, in either case seeking (A) any of the foregoing, or (B) material damages in connection with the Merger or the other transactions contemplated hereby.

Appears in 2 contracts

Samples: Merger Agreement (Cirrus Logic, Inc.), Merger Agreement (Sailpoint Technologies Holdings, Inc.)

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Injunctions or Restraints on Conduct of Business. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint provision limiting or restricting in any material respect Acquiror’s ownership, conduct or operation of the businesses of the Company or any Company SubsidiaryEdgetech Entities, following the Closing shall be in effecteffect as of the Closing. There shall not be pending or threatened any Proceeding (ia) commenced by any Governmental Entity, or (iib) commenced by any Person where such Person has a reasonable likelihood of succeeding on the merits, in either case seeking (Ai) any of the foregoing, or (Bii) material damages in connection with the Merger or the other transactions contemplated hereby.

Appears in 1 contract

Samples: Merger Agreement (Quanex Building Products CORP)

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Injunctions or Restraints on Conduct of Business. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint provision limiting or restricting in any material respect Acquiror’s ownership, conduct or operation of the businesses of the Company or any Company SubsidiaryEdgetech Entities, following the Closing shall be in effect. There shall not be pending or threatened any Proceeding (ia) commenced by any Governmental Entity, or (iib) commenced by any Person where such Person has a reasonable likelihood of succeeding on the merits, in either case seeking (Ai) any of the foregoing, or (Bii) material damages in connection with the Merger or the other transactions contemplated hereby.

Appears in 1 contract

Samples: Merger Agreement (Quanex Building Products CORP)

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