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 Company or against Fiserv, Fiserv Solutions or Fiserv Sub, arising by reason of the Merger pursuant to this Agreement, which would reasonably be expected to have a Material Adverse Effect on the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Insurance Management Solutions Group Inc)

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Legal Actions or Proceedings. No legal action or proceeding shall have been instituted after the date hereof against the Company or against Fiserv, Fiserv Solutions or Fiserv Sub, arising by reason of the Merger pursuant to this Agreement, which would is reasonably be expected likely to have a Material Adverse Effect on restrain, prohibit or invalidate the Companyconsummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Fiberstars Inc /Ca/)

Legal Actions or Proceedings. No legal action or proceeding shall have been instituted after the date hereof against the Company or against Fiservthe Members which is reasonably likely (i) to restrain, Fiserv Solutions prohibit or Fiserv Sub, arising by reason invalidate the consummation of the Merger pursuant to transactions contemplated by this Agreement, which would reasonably be expected to have a Material Adverse Effect on the Company.,

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)

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Legal Actions or Proceedings. No legal action or proceeding shall have been instituted after the date hereof against the Company or against Fiserv, Fiserv Solutions or Fiserv Sub, arising by reason of the Merger pursuant to this Agreement, which would is reasonably be expected likely to have a Material Adverse Effect on the CompanyEffect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Avidyn Inc)

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