Common use of No Action, Etc Clause in Contracts

No Action, Etc. No action or proceeding shall have been brought or threatened before any court or administrative agency to prevent the consummation of, or to seek damages in a material amount by reason of the transactions contemplated hereby, and no governmental authority shall have asserted in writing that the within transaction (or any other pending transaction involving IEI and ROP, when considered in light of the effect of the within transaction) shall constitute a material violation of law or give rise to material liability on the part of IEI;

Appears in 1 contract

Samples: Agreement of Merger (Industrial Ecosystems Inc)

AutoNDA by SimpleDocs

No Action, Etc. No action or proceeding shall have been brought or threatened before any court or administrative agency to prevent the consummation of, or to seek damages in a material amount by reason of of, the transactions contemplated hereby, and no governmental authority shall have asserted in writing that the within transaction (or any other pending transaction involving IEI and ROP, when considered in light of the effect of the within transaction) shall these transactions constitute a material violation of law or give rise to material liability on the part of IEI;the Shareholders.

Appears in 1 contract

Samples: Stock Purchase Agreement (Belmont Homes Inc)

No Action, Etc. No action or proceeding preceding shall have been brought or threatened before any court or administrative agency to prevent the consummation of, or to seek damages from Purchaser, the Company or any Shareholder in a material amount by reason of of, the transactions contemplated hereby, and no governmental authority shall have asserted in writing that the within transaction (or any other pending transaction involving IEI and ROP, when considered in light of the effect of the within transaction) shall these transactions constitute a material violation of law or give rise to material liability on the part of IEI;Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Belmont Homes Inc)

AutoNDA by SimpleDocs

No Action, Etc. No action or proceeding shall have been brought or threatened before any court or administrative agency to prevent the consummation of, or to seek damages in a material amount by reason of the transactions transaction contemplated hereby, and no governmental authority shall have asserted in writing that the within transaction (or any other pending transaction involving IEI and ROP, when considered in light of the effect of the within transaction) shall constitute a material violation of law or give rise to material liability on the part of IEIROP;

Appears in 1 contract

Samples: Agreement of Merger (Industrial Ecosystems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.