Common use of Litigation or Proceedings Clause in Contracts

Litigation or Proceedings. There are no Actions pending or, to Seller’s Knowledge, threatened against Seller that challenges or seeks to prevent, enjoin or otherwise delay the transactions 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 5 contracts

Samples: Membership Interest Purchase Agreement (MGT Capital Investments Inc), LLC Membership Interest Purchase Agreement (Biozone Pharmaceuticals, Inc.), LLC Membership Interest Purchase Agreement (Biozone Pharmaceuticals, Inc.)

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