Common use of Legal Restraints; Proceedings Clause in Contracts

Legal Restraints; Proceedings. The absence of (i) any injunction, order or decree issued by any court of competent jurisdiction or other legal restraint or prohibition that has the effect of preventing the consummation of the transactions contemplated hereby and (ii) any pending or threatened claims or legal proceedings as of the Closing Date which would, if adversely determined, have a material adverse effect on the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Thor Industries Inc), Agreement and Plan of Merger (Starcraft Corp /In/)

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Legal Restraints; Proceedings. The absence of (i) any injunction, injunction order or decree issued by any court of competent jurisdiction or other legal restraint or prohibition that has the effect of preventing the consummation of the transactions contemplated hereby by this Agreement and (ii) any pending or threatened claims or legal proceedings as of the Closing Date which would, if adversely determined, have a material adverse effect on the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Starcraft Corp /In/), Agreement and Plan of Merger (Thor Industries Inc)

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Legal Restraints; Proceedings. The absence of (i) any --------------------------------- injunction, order or decree issued by any court of competent jurisdiction or other legal restraint or prohibition that has the effect of preventing the consummation of the transactions contemplated hereby herein as of the Closing Date, and (ii) any pending or threatened claims or legal proceedings as of the Closing Date which would, if adversely determined, have a material adverse effect on the transactions contemplated herebyherein.

Appears in 1 contract

Samples: Thor Industries Inc

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