Common use of Legal Proceedings and Judgments Clause in Contracts

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s Knowledge, threatened against or relating to Buyer before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect on Buyer’s ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Artisoft Inc)

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Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s the Buyers' Knowledge, threatened against or relating to Buyer any of the Buyers before any court or other Governmental Authority acting in an adjudicative capacity that could reasonably be expected to have a Material Adverse Effect material adverse effect on Buyer’s the Buyers' ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Bel Fuse Inc /Nj)

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s 's Knowledge, threatened against or relating to Buyer before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect material adverse effect on Buyer’s 's ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commerce One Inc / De/)

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to BuyerPurchaser’s Knowledgeactual knowledge, threatened against or relating to Buyer Purchaser before any court or other Governmental Authority governmental authority acting in an adjudicative capacity that could have a Material Adverse Effect material adverse effect on BuyerPurchaser’s ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: LLC Interest Purchase Agreement (Lotus Pacific Inc)

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Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s Knowledge's knowledge, threatened against or relating to Buyer before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect material adverse effect on Buyer’s 's ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insci Corp)

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to BuyerSeller’s Knowledgeactual knowledge, threatened against or relating to Buyer Seller before any court or other Governmental Authority governmental authority acting in an adjudicative capacity that could have a Material Adverse Effect an adverse effect on BuyerSeller’s ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: LLC Interest Purchase Agreement (Lotus Pacific Inc)

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