Common use of Institution of Proceedings Clause in Contracts

Institution of Proceedings. There shall not have been instituted by any third party any suit or proceeding to restrain or invalidate this Agreement or the transactions hereby contemplated or seeking damages from or to impose obligations upon the Buyer by reason of this Agreement or the transactions hereby contemplated which, in the good faith judgment of the Buyer, would involve expenses or lapse of time that would materially and adversely affect the purpose and intent of and cost to the Buyer in entering into this Agreement.

Institution of Proceedings. There shall not have been instituted by any third party any suit or proceeding to restrain or invalidate this Agreement or the transactions hereby contemplated or seeking damages from or to impose obligations upon any of the Buyer Sellers by reason of this Agreement or the transactions hereby contemplated which, in the their good faith judgment of the Buyerjudgment, would involve expenses or lapse of time that would materially and adversely affect the purpose and intent of and cost to the Buyer Sellers in entering into this Agreement.

Institution of Proceedings. There shall not have been instituted by any third party any suit or proceeding to restrain or invalidate this Agreement or the transactions hereby contemplated or seeking damages from or to impose obligations upon any of the Buyer Seller Entities by reason of this Agreement or the transactions hereby contemplated which, in the their good faith judgment of the Buyerjudgment, would involve expenses or lapse of time that would be materially and adversely affect the purpose and intent of and cost adverse to the Buyer in entering into this Agreementtheir interests.

Institution of Proceedings. There shall not have been instituted by any third party any suit or proceeding to restrain or invalidate this Agreement or the transactions hereby contemplated or seeking damages from or to impose obligations upon any of the Buyer Purchaser Entities by reason of this Agreement or the transactions hereby contemplated which, in the good faith judgment of the BuyerSFX, would involve expenses or lapse of time that would be materially and adversely affect the purpose and intent of and cost adverse to the Buyer in entering into this Agreementinterests of the Purchaser Entities.