Common use of No Action or Proceedings Clause in Contracts

No Action or Proceedings. No action or proceeding shall have been instituted or, to the knowledge of Purchaser, threatened for the purpose of or with the probable effect of enjoining or preventing the consummation of the transactions contemplated by this Purchase Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Flotek Industries Inc/Cn/), Asset Purchase Agreement (Flotek Industries Inc/Cn/)

AutoNDA by SimpleDocs

No Action or Proceedings. No action or proceeding shall have been instituted or, to the knowledge of PurchaserSeller, threatened for the purpose of or with the probable effect of enjoining or preventing the consummation of the transactions contemplated by this Purchase Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Flotek Industries Inc/Cn/), Asset Purchase Agreement (Flotek Industries Inc/Cn/)

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