Common use of No Action Clause in Contracts

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent consummation of any of the transactions contemplated by this Agreement; or (ii) cause the transactions to be rescinded following consummation.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Doral Energy Corp.), Share Purchase Agreement (Northward Ventures Inc), Agreement and Plan of Merger (Worldbid Corp)

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No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent the consummation of any of the transactions contemplated by this Agreement; , or (ii) cause the transactions to be rescinded following consummation.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Doral Energy Corp.), Share Purchase Agreement (Northward Ventures Inc), Agreement and Plan of Merger (Worldbid Corp)

No Action. No action, suit, action, or proceeding will shall be pending or threatened before any governmental court or regulatory authority quasi-judicial or administrative agency of any state, municipal, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, stipulationruling, injunction or charge would would: (i) prevent consummation of any of the transactions contemplated by this Agreement; or (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation.

Appears in 6 contracts

Samples: Series A1 Preferred Share Purchase Agreement (Negevtech Ltd.), Series A1 Preferred Share Purchase Agreement (Negevtech Ltd.), Preferred Share Purchase Agreement (Negevtech Ltd.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would would; (i) prevent the consummation of any of the transactions contemplated by this Agreement; or or, (ii) cause the transactions Transaction to be rescinded following consummation.

Appears in 2 contracts

Samples: Share Exchange Agreement (Vitasti, Inc. /De/), Share Exchange Agreement (Vitasti, Inc. /De/)

No Action. No action, suit, action, or proceeding will shall be pending or threatened before any governmental court or regulatory authority quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, stipulationruling, injunction or charge would (i) prevent consummation of any of the transactions contemplated by this Agreement; , or (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cdknet Com Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the transactions to be rescinded following consummationTransaction.

Appears in 1 contract

Samples: Share Exchange Agreement (Royaltech Corp.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent consummation of any of the transactions contemplated by this AgreementAgreement as reasonably determined by the Stockholders; or (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation; or (iii) adversely affect the right of BLLE to own, operate or control the business or assets of BLLE.

Appears in 1 contract

Samples: Share Exchange Agreement (Bullet Environmental Technologies Inc)

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No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent consummation of any of the transactions contemplated by this AgreementAgreement as reasonably determined by BLLE; or (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation; or (iii) adversely affect the right of BLLE to own, operate or control the business or assets of Somerset.

Appears in 1 contract

Samples: Share Exchange Agreement (Bullet Environmental Technologies Inc)

No Action. No suit, action, or proceeding will be pending or threatened before threatenedbefore any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent the consummation of any of the transactions contemplated by this Agreement; , or (ii) cause the transactions to be rescinded following consummation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Paragon Polaris Stratagies Com Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent the consummation of any of the transactions contemplated by this Agreement; , or (ii) cause the transactions Transaction to be rescinded following consummation.

Appears in 1 contract

Samples: Share Exchange Agreement (Global Innovative Systems Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would (i) prevent consummation of any of the transactions contemplated by this AgreementAgreement as reasonably determined by the Stockholders; or (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation; or (iii) adversely affect the right of the Purchaser to own, operate or control the business or assets of the Purchaser.

Appears in 1 contract

Samples: Share Exchange Agreement (Future Now Group Inc.)

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