Common use of Legal Actions or Proceedings Clause in Contracts

Legal Actions or Proceedings. No legal action or proceeding shall have been instituted after the date hereof against the Shareholders or the Company, or against Parent, arising by reason of the acquisition of the Company pursuant to this Agreement, which is

Legal Actions or Proceedings. No legal action or proceeding shall have been instituted after the date hereof against the Shareholders or the Company, Company or against Parent, the Parent or Merger Sub arising by reason of the acquisition of the Company pursuant to this Agreement, which isis reasonably likely to restrain, prohibit or invalidate the consummation of the transactions contemplated by this Agreement, and the Parent shall have delivered to the Company and the Shareholders a certificate to the effect none of the foregoing shall have occurred with respect to it.

Legal Actions or Proceedings. No legal action or proceeding shall have been instituted after the date hereof against the Shareholders or the Company, Company or against Parent, the Parent or Merger Sub arising by reason of the acquisition of the Company pursuant to this Agreement, which isis reasonably likely to restrain, prohibit or invalidate the consummation of the transactions contemplated by this Agreement, and the Shareholders and the Company shall each have delivered to the Parent and Merger Sub a certificate to that effect.