Common use of Legal Impediments Clause in Contracts

Legal Impediments. By the Closing date, the execution of the Shares of Stock purchase and sale transaction shall not have to have been barred or impaired by the existence of any rule, order, administrative resolution, judgment or judicial decision, effective as from the date of signing this Agreement, binding upon Purchasers that prohibits or renders illegal the execution of the purchase and sale of the Shares of Stock under this Agreement.

Legal Impediments. By the Closing date, the execution of the Shares of Stock purchase and sale transaction shall not have to have been barred or impaired by the existence of any rule, order, administrative resolution, judgment or judicial decision, effective as from the date of signing this Agreement, binding upon Purchasers Seller and/or the Company that prohibits it or renders illegal the execution of the purchase and sale of the Shares of Stock under this Agreementit illegal.