Common use of Litigation; Labor Matters; Compliance with Laws Clause in Contracts

Litigation; Labor Matters; Compliance with Laws. (i) There is no suit, action or proceeding or investigation pending or, to the knowledge of CHAMPION, threatened against or affecting CHAMPION or any basis for any such suit, action, proceeding or investigation that, individually or in the aggregate, could reasonably be expected to have a material adverse effect with respect to CHAMPION or prevent, hinder or materially delay the ability of CHAMPION to consummate the transactions contemplated by this Agreement, nor is there any judgment, decree, injunction, rule or order of any governmental entity or arbitrator outstanding against CHAMPION having, or which, insofar as reasonably could be foreseen by CHAMPION, in the future could have, any such effect.

Appears in 2 contracts

Samples: Share Exchange Agreement and Plan of Reorganization (Oicco Acquisition I, Inc.), Share Exchange Agreement and Plan of Reorganization (Oicco Acquisition I, Inc.)

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Litigation; Labor Matters; Compliance with Laws. (i) There is no suit, action or proceeding or investigation pending or, to the knowledge of CHAMPIONConvenientcast, threatened against or affecting CHAMPION Convenientcast or any basis for any such suit, action, proceeding or investigation that, individually or in the aggregate, could reasonably be expected to have a material adverse effect with respect to CHAMPION Convenientcast or prevent, hinder or materially delay the ability of CHAMPION Convenientcast to consummate the transactions contemplated by this Agreement, nor is there any judgment, decree, injunction, rule or order of any governmental entity Governmental Entity or arbitrator outstanding against CHAMPION Convenientcast having, or which, insofar as reasonably could be foreseen by CHAMPIONConvenientcast, in the future could have, any such effect.

Appears in 2 contracts

Samples: Exchange Agreement (Convenientcast Inc.), Exchange Agreement (Convenientcast Inc.)

Litigation; Labor Matters; Compliance with Laws. (i) There is no suit, action or proceeding or investigation pending or, to the knowledge of CHAMPIONLUCENT, threatened against or affecting CHAMPION LUCENT or any basis for any such suit, action, proceeding or investigation that, individually or in the aggregate, could reasonably be expected to have a material adverse effect with respect to CHAMPION LUCENT or prevent, hinder or materially delay the ability of CHAMPION LUCENT to consummate the transactions contemplated by this Agreement, nor is there any judgment, decree, injunction, rule or order of any governmental entity Governmental Entity or arbitrator outstanding against CHAMPION LUCENT having, or which, insofar as reasonably could be foreseen by CHAMPIONXXXXXX, in the future could have, any such effect.

Appears in 1 contract

Samples: Exchange Agreement (Tipmefast, Inc.)

Litigation; Labor Matters; Compliance with Laws. (i) There is no suit, action or proceeding or investigation pending or, to the knowledge of CHAMPIONthe Vendor, threatened against or affecting CHAMPION the Vendor or any basis for any such suit, action, proceeding or investigation that, individually or in the aggregate, could reasonably be expected to have a material adverse effect with respect to CHAMPION the Vendor or prevent, hinder or materially delay the ability of CHAMPION the Vendor to consummate the transactions contemplated by this Agreement, nor is there any judgment, decree, injunction, rule or order of any governmental entity Governmental Entity or arbitrator outstanding against CHAMPION the Vendor having, or which, insofar as reasonably could be foreseen by CHAMPIONthe Vendor, in the future could have, any such effect.

Appears in 1 contract

Samples: Assignment and Assumption Agreement

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Litigation; Labor Matters; Compliance with Laws. (i) There is no suit, action or proceeding or investigation pending or, to the knowledge of CHAMPIONTURNKEY, threatened against or affecting CHAMPION TURNKEY or any basis for any such suit, action, proceeding or investigation that, individually or in the aggregate, could reasonably be expected to have a material adverse effect with respect to CHAMPION TURNKEY or prevent, hinder or materially delay the ability of CHAMPION TURNKEY to consummate the transactions contemplated by this Agreement, nor is there any judgment, decree, injunction, rule or order of any governmental entity or arbitrator outstanding against CHAMPION TURNKEY having, or which, insofar as reasonably could be foreseen by CHAMPIONTURNKEY, in the future could have, any such effect.

Appears in 1 contract

Samples: Share Exchange Agreement and Plan of Reorganization (Train Travel Holdings, Inc.)

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