Common use of Litigation; Consents Clause in Contracts

Litigation; Consents. 4.5.1 There is no (i) Litigation (other than any investigation, inquiry, audit or examination) pending or, to the knowledge of Purchaser, threatened against Purchaser or any of its Affiliates by or before any Governmental Authority and to Purchaser’s knowledge, there are no investigations, inquiries, audits or examinations pending or threatened against Purchaser or any of its Affiliates by or before any Governmental Authority; or (ii) order or judgment of a Governmental Authority to which Purchaser or any of its Affiliates is subject, in each case, except for such Litigation, orders or judgments that would not reasonably be expected to result in a Purchaser Material Adverse Effect.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Apricus Biosciences, Inc.), Asset Purchase Agreement (Pernix Therapeutics Holdings, Inc.), Asset Purchase Agreement (Zogenix, Inc.)

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Litigation; Consents. 4.5.1 (a) There is no (i) Litigation (other than any investigation, inquiry, audit or examination) pending or, to the knowledge of PurchaserBuyer, threatened against Purchaser Buyer or any of its Affiliates by or before any Governmental Authority and to PurchaserBuyer’s knowledge, there are no investigations, inquiries, audits or examinations pending or threatened against Purchaser Buyer or any of its Affiliates by or before any Governmental Authority; , or (ii) order or judgment of a Governmental Authority to which Purchaser Buyer or any of its Affiliates is subject, in each case, except for such Litigation, orders or judgments that would not reasonably be expected to result in have a Purchaser Buyer Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Forest Laboratories Inc)

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