Common use of No Action or Litigation Clause in Contracts

No Action or Litigation. There shall be no order of any court or governmental body restraining or prohibiting the transactions contemplated by this Agreement, nor shall any litigation or other proceeding be pending or threatened against Pivot or MTM seeking to prohibit or otherwise challenge the consummation of the transactions contemplated by this Agreement, or to obtain substantial damages in respect thereof.

Appears in 1 contract

Samples: Stock Purchase and Option Agreement (Micros to Mainframes Inc)

AutoNDA by SimpleDocs

No Action or Litigation. There shall be no order of any court or governmental body restraining or prohibiting the transactions contemplated by this Agreement, nor shall any litigation or other proceeding be pending or threatened against Pivot Pivot, MTM or MTM Mergerco seeking to prohibit or otherwise challenge the consummation of the transactions contemplated by this Agreement, or to obtain substantial damages in respect thereof.

Appears in 1 contract

Samples: Merger Agreement (Micros to Mainframes Inc)

No Action or Litigation. There shall be no order of any court or governmental body restraining or prohibiting the transactions contemplated by this Agreement, nor shall any litigation or other proceeding be pending or threatened against Pivot or MTM seeking to prohibit or otherwise challenge the consummation of the transactions contemplated by this Agreement, Agreement or to obtain substantial damages in respect thereof.

Appears in 1 contract

Samples: Stock Purchase and Option Agreement (Micros to Mainframes Inc)

No Action or Litigation. There shall be no order of any court or governmental body restraining or prohibiting the transactions contemplated by this Agreement, nor shall any litigation or other proceeding be pending or threatened against Pivot Pivot, MTM, Technology or MTM Mergerco seeking to prohibit or otherwise challenge the consummation of the transactions contemplated by this Agreement, Agreement or to obtain substantial damages in respect thereof.

Appears in 1 contract

Samples: Merger Agreement (Micros to Mainframes Inc)

AutoNDA by SimpleDocs

No Action or Litigation. There shall be no order of any court or governmental body restraining or prohibiting the transactions contemplated by this Agreement, nor shall any litigation or other proceeding be pending or threatened against Pivot Pivot, MTM or MTM Mergerco seeking to prohibit or otherwise challenge the consummation of the transactions contemplated by this Agreement, Agreement or to obtain substantial damages in respect thereof.. 8.5

Appears in 1 contract

Samples: Merger Agreement (Micros to Mainframes Inc)

No Action or Litigation. There shall be no order of any court or governmental body restraining or prohibiting the transactions contemplated by this Agreement, nor shall any litigation or other proceeding be pending or threatened against Pivot Pivot, MTM, Technology or MTM Mergerco seeking to prohibit or otherwise challenge the consummation of the transactions contemplated by this Agreement, or to obtain substantial damages in respect thereof.. 9.3

Appears in 1 contract

Samples: Merger Agreement (Micros to Mainframes Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!