Common use of Litigation Affecting This Transaction Clause in Contracts

Litigation Affecting This Transaction. No order, statute, ------------------------------------- rule, regulation, executive order, injunction, stay, decree or restraining order shall have been enacted, entered, promulgated or enforced by any court of competent jurisdiction or governmental or regulatory authority or instrumentality that prohibits the consummation of the transactions to be consummated at the Closing, and no action, suit, investigation or proceeding by any governmental or regulatory authority or instrumentality shall be pending which seeks to restrain, prohibit or declare illegal the transactions to be consummated at the Closing.

Litigation Affecting This Transaction. No order, statute, ------------------------------------- rule, regulation, executive order, injunction, stay, decree or restraining order shall have been enacted, entered, promulgated or enforced by any court of competent jurisdiction or governmental or regulatory authority or instrumentality that prohibits the consummation of the transactions to be consummated at the Closing, and ; no action, suit, investigation or proceeding by any governmental or regulatory authority or instrumentality shall be pending which seeks to restrain, prohibit or declare illegal the transactions to be consummated at the Closing.