Common use of Legal Proceedings; Governmental Orders Clause in Contracts

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's Knowledge, threatened against or by the Company affecting any of its properties or assets (or by or against the Company or any Affiliate thereof and relating to the Company) which, individually or in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheet.

Appears in 4 contracts

Samples: Securities Purchase Agreement (TRANS LUX Corp), Securities Purchase Agreement (TRANS LUX Corp), Securities Purchase Agreement (Trans Lux Corp)

AutoNDA by SimpleDocs

Legal Proceedings; Governmental Orders. (a) There are no material Actions pending or, to the Company's ’s Knowledge, threatened against against, or involving the Company or any of its Subsidiaries, or, to the Company’s Knowledge, any executive officer or director of the Company, or by the Company or any of its Subsidiaries affecting any of its properties or assets (or by or against the Company or any Affiliate thereof and relating to the Company) which, individually or in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheet).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Aqua Metals, Inc.), Stock Purchase Agreement (Aqua Metals, Inc.), Stock Purchase Agreement (Aqua Metals, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened against or by the Company affecting Company, any of its Subsidiaries or any their respective assets, properties or assets (or businesses by or against the Company or any Affiliate thereof and relating to the Company) whichPerson that could, individually or in the aggregate, would have a Material Adverse Effectreasonably be expected to be material and adverse to the Company or could otherwise challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated hereby. No event has occurred or circumstances exist that may give rise to, or which have not been reserved against on the Balance Sheetserve as a basis for, any such Action.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Hunt Companies Finance Trust, Inc.), Securities Purchase Agreement (Five Oaks Investment Corp.)

Legal Proceedings; Governmental Orders. (a) There are no Actions actions, suits, claims, investigations or other legal proceedings pending or, to the Company's ’s Knowledge, threatened against or by the Company affecting any of its properties or assets (which, individually or by in the aggregate, has had or against the Company would reasonably be expected to have a Material Adverse Effect, or any Affiliate thereof and relating to the Company) which, individually or in the aggregate, would have a Material Adverse Effectreasonably be expected to affect the Company’s ability to perform its obligations under this Agreement or otherwise impede, prevent or which have not been reserved against on materially delay the Balance Sheetconsummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Yunhong Green Cti Ltd.), Stock Purchase Agreement (Yunhong Green Cti Ltd.)

Legal Proceedings; Governmental Orders. (a) There are no Actions claims, actions, suits, investigations or other legal proceedings (collectively, “Actions”) pending or, to the Company's Knowledge’s knowledge, threatened against or by the Company any of its Subsidiaries affecting any of its properties or assets (or by or against the Company or any Affiliate thereof and relating to the Company), which if determined adversely to the Company (or to the Company or any Affiliate thereof) which, individually or would result in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheet.. For purposes of this Agreement: (x) “

Appears in 2 contracts

Samples: Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BIMI International Medical Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company affecting any of its properties or assets or (b) against or by or against the Company that challenge or any Affiliate thereof and relating seek to the Company) whichprevent, individually or in the aggregate, would have a Material Adverse Effectenjoin, or which have not been reserved against on otherwise delay the Balance Sheettransactions contemplated by this Agreement. No event has occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Appliance Recycling Centers of America Inc /Mn), Agreement and Plan of Merger (Appliance Recycling Centers of America Inc /Mn)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company affecting any of its properties the Purchased Assets; or assets (b) against or by or against the Company that challenges or any Affiliate thereof and relating seeks to prevent, enjoin or otherwise delay the Company) which, individually or in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheettransactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ideanomics, Inc.), Asset Purchase Agreement (Ideanomics, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company affecting any of its properties or assets which otherwise affects the Business; or (b) against or by or against the Company or any Affiliate thereof and relating of the Company that challenges or seeks to prevent, enjoin or otherwise delay the Company) which, individually transactions contemplated by this Agreement. No event has occurred or in the aggregate, would have a Material Adverse Effectcircumstances exist that may give rise to, or which have not been reserved against on the Balance Sheetserve as a basis for, any such Action.

Appears in 1 contract

Samples: Stock Purchase Agreement (MedMen Enterprises, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no material Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company or any Company Subsidiary materially affecting any of its properties or assets assets; or (b) against or by or against the Company or any Affiliate thereof and relating Company Subsidiary that challenges or seeks to prevent, enjoin or otherwise delay the Company) which, individually or in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheettransactions contemplated by this Agreement.

Appears in 1 contract

Samples: Equity Purchase Agreement (Asure Software Inc)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company or any of its Affiliates affecting any of its properties or assets assets; or (b) against or by or against the Company or any Affiliate thereof and relating of its Affiliates that challenges or seeks to prevent, enjoin or otherwise delay the Company) which, individually transactions contemplated by this Agreement. No event has occurred or in the aggregate, would have a Material Adverse Effectcircumstances exist that may give rise to, or which have not been reserved against on the Balance Sheetserve as a basis for, any such Action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tenax Therapeutics, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company affecting any of its properties or assets assets; (b) against or by or against the Company that challenges or any Affiliate thereof and relating seeks to prevent, enjoin or otherwise delay the Companytransactions contemplated by this Agreement; (c) which, individually against or in by the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance SheetCompany seeking an injunction.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fusion Telecommunications International Inc)

AutoNDA by SimpleDocs

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company affecting any of its properties or assets assets; or (b) against or by Company that challenge or against seek to prevent, enjoin or otherwise delay the Company transactions contemplated by this Agreement. To Company’s Knowledge, no event has occurred or any Affiliate thereof and relating to the Company) which, individually or in the aggregate, would have a Material Adverse Effectcircumstances exist that may give rise to, or which have not been reserved against on the Balance Sheetserve as a basis for, any such Action.

Appears in 1 contract

Samples: Equity Exchange Agreement (Daybreak Oil & Gas, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions actions, suits, claims, investigations or other legal proceedings pending or, to the Company's ’s Knowledge, threatened against or by the Company affecting any of its properties or assets (or by or against the Company any Seller or any Affiliate thereof and relating to the Company), which if determined adversely to the Company (or to any Seller or any Affiliate thereof) which, individually or would result in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheet.

Appears in 1 contract

Samples: Membership Interests Purchase Agreement (Cannapharmarx, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's KnowledgeKnowledge of the Company and each Company Subsidiary, threatened (a) against or by the Company or any Company Subsidiary materially affecting any of its their respective properties or assets assets; or (b) against or by or against the Company or any Affiliate thereof Company Subsidiary that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. To the Knowledge of the Company and relating to the Company) whicheach Company Subsidiary, individually no event has occurred or in the aggregate, would have a Material Adverse Effectcircumstances exist that may give rise to, or which have not been reserved against on the Balance Sheetserve as a basis for, any such Action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Isun, Inc.)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened against or by the Company affecting any that questions the validity of its properties this Agreement, or assets (or by or against the right of the Company to enter into or any Affiliate thereof and relating to consummate the Company) whichtransactions contemplated hereby, or which would or could reasonably be expected to have, individually or in the aggregate, would have a Material Adverse Effect, or which have not been reserved against on the Balance Sheet.

Appears in 1 contract

Samples: Securities Purchase Agreement (Trans Lux Corp)

Legal Proceedings; Governmental Orders. (ai) There are no Actions pending or, to the Company's ’s Knowledge, threatened threatened: (A) against or by the Company Subsidiary affecting any of its properties Assets or assets the Business (or by or against the Company or any Affiliate thereof and relating to the CompanySubsidiary); or (B) whichagainst or by the Subsidiary, individually the Company or in any Affiliate of the aggregateCompany that challenges or seeks to prevent, would have a Material Adverse Effectenjoin or otherwise delay the transactions contemplated by this Agreement. No event has occurred or circumstances exist that may give rise to, or which have not been reserved against on the Balance Sheetserve as a basis for, any such Action.

Appears in 1 contract

Samples: Arrangement Agreement (Marizyme Inc)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened against or by the Company or its Subsidiaries affecting any of its properties or assets (or by or against assets, which if determined adversely to the Company or any Affiliate thereof and relating to the Company) which, individually or its Subsidiaries would result in the aggregate, would have a Company Material Adverse Effect, Effect or which have not been reserved against on challenge the Balance SheetTransaction.

Appears in 1 contract

Samples: Acquisition Agreement (Ashford Inc)

Legal Proceedings; Governmental Orders. (a) There are no Actions pending or, to the Company's ’s Knowledge, threatened (a) against or by the Company affecting any of its properties or assets assets; or (b) against or by or against the Company that challenges or any Affiliate thereof and relating seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. To the Company) which’s Knowledge, individually or in the aggregate, would have a Material Adverse Effectno event has occurred, or which have not been reserved against on the Balance Sheetcircumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Upland Software, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.