Common use of Legal and Governmental Proceedings and Judgments Clause in Contracts

Legal and Governmental Proceedings and Judgments. There is no legal action, proceeding or investigation pending or, to the Knowledge of BUYER, threatened against BUYER, nor is there any judgment outstanding against BUYER or to or by which BUYER is subject or bound that would have a Material Adverse Affect on the ability of BUYER to consummate any of the transactions contemplated hereby.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Medifocus Inc.), Stock Purchase Agreement (Medifocus Inc.), Stock Purchase Agreement (Celsion Corp)

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Legal and Governmental Proceedings and Judgments. There is no legal action, proceeding proceeding, investigation or investigation controversy pending or, to the Knowledge knowledge of BUYERBuyer, threatened against BUYERor otherwise involving Buyer, nor is are there any judgment Judgments outstanding against BUYER Buyer or to or by which BUYER is Buyer is, or may be, subject or bound that would have a Material Adverse Affect on which may adversely affect the ability of BUYER Buyer to consummate any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Frontiervision Holdings Capital Corp), Asset Purchase Agreement (Frontiervision Capital Corp)

Legal and Governmental Proceedings and Judgments. There is no legal action, proceeding proceeding, investigation or investigation controversy pending or, to the Knowledge knowledge of BUYERBuyer, threatened against BUYERor otherwise involving Buyer, nor is are there any judgment Judgments outstanding against BUYER Buyer or to or by which BUYER is Buyer is, or may be, subject or bound that would have a Material Adverse Affect on which adversely affect the ability of BUYER Buyer to consummate any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Adelphia Communications Corp), Asset Purchase Agreement (CSC Holdings Inc)

Legal and Governmental Proceedings and Judgments. There is no legal action, proceeding proceeding, investigation or investigation controversy pending or, to the Knowledge knowledge of BUYERBuyer, threatened against BUYERor otherwise involving Buyer, nor is are there any judgment Judgments outstanding against BUYER Buyer or to or by which BUYER is Buyer is, or may be, subject or bound that would have a Material Adverse Affect on which materially adversely affect the ability of BUYER Buyer to consummate any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cablevision Systems Corp /Ny)

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Legal and Governmental Proceedings and Judgments. There is no legal action, proceeding proceeding, or investigation pending or, to the Knowledge knowledge of BUYERBuyer, threatened against BUYERor otherwise involving Buyer, nor is there any judgment Judgment outstanding against BUYER Buyer or to or by which BUYER Buyer is subject or bound that would have a Material Adverse Affect on which materially adversely affects the ability of BUYER Buyer to consummate any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insight Communications Co Inc)

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