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 Parent’s ownership, conduct or operation of the business of the Company and/or any Subsidiary of the Company, following the Effective Time shall be in effect, nor shall any suit, investigation, request for additional information, action or proceeding before any Governmental Entity seeking any of the foregoing, seeking to obtain from Parent or the Company or any of their respective Affiliates in connection with the Merger any damages, or seeking any other relief that following the Merger, in the sole judgment of Parent, could reasonably be expected to materially limit or restrict the ability of the Surviving Company and/or its Subsidiaries to own and conduct both (i) the assets and businesses owned and conducted by Parent and/or its Subsidiaries prior to the Merger, and (ii) the assets and businesses owned and conducted by the Company and/or each Subsidiary of the Company prior to the Merger, be pending or threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sunpower Corp), Agreement and Plan of Merger (Sunpower 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 the Merger, issuance of the Merger Consideration, Parent’s ownership, conduct or operation of the business of the Company and/or any Subsidiary of the Companyits Subsidiaries, following the Effective Time shall be in effect, nor shall any suit, investigation, request for additional information, action or proceeding before any Governmental Entity seeking any of the foregoing, seeking to obtain from Parent or the Company or any of their respective Affiliates in connection with the Merger any damages, or seeking any other relief that following the Merger, in the sole judgment of Parent, could reasonably be expected to materially limit or restrict the ability of the Surviving Company Corporation and/or its Subsidiaries to own and conduct both (i) the assets and businesses owned and conducted by Parent and/or its Subsidiaries prior to the Merger, Merger and (ii) the assets and businesses owned and conducted by the Company and/or each Subsidiary of the Company its Subsidiaries prior to the Merger, be pending or threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synova Healthcare Group 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 ParentPurchaser’s ownership, conduct or operation ownership of the business of the Company and/or any Subsidiary of the Company, Shares following the Effective Time Closing Date shall be in effect, nor shall there be any pending or threatened suit, investigation, request for additional information, action or proceeding before any Governmental Entity seeking any of the foregoing, seeking to obtain from Parent Purchaser or the Company or any of their respective Affiliates in connection with the Merger Acquisition any damages, or seeking any other relief that following the MergerAcquisition, in the sole reasonable judgment of ParentPurchaser, could reasonably (as a result of the Acquisition, or of Purchaser’s purchase and/or ownership of the Shares) be expected to materially limit or restrict the ability of the Surviving Company and/or its Subsidiaries any Subsidiary of the Company to own and conduct both (i) the assets and businesses owned and conducted by Parent and/or its Subsidiaries prior to the Merger, and (ii) the assets and businesses owned and conducted by the Company and/or each any Subsidiary of the Company prior to the MergerAcquisition, be pending or threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (Satimo S.A.)

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