Common use of No Actions or Court Orders Clause in Contracts

No Actions or Court Orders. No Action by any governmental authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to damage Buyer, Buyer Sub 1, Newco, the Contributed Assets or the Business materially if the transactions contemplated hereby are consummated, including without limitation any material adverse effect on the right or ability of Newco to own, operate, possess or transfer the Contributed Assets after the Closing. There shall not be any Regulation or Court Order that makes the purchase and sale of the Seller Common Units or the contribution of the Contributed Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Limited Liability Company Unit Purchase Agreement (Centex Construction Products Inc)

AutoNDA by SimpleDocs

No Actions or Court Orders. No Action by any governmental authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to damage Buyer, Buyer Sub 1, NewcoSeller, the Contributed Assets or the Business materially if the transactions contemplated hereby are consummated, including without limitation any material adverse effect on the right or ability of Newco to own, operate, possess or transfer the Contributed Assets after the Closing. There shall not be any Regulation or Court Order that makes the purchase and sale of the Seller NES Common Units or the contribution of the Contributed Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Limited Liability Company Unit Purchase Agreement (Centex Construction Products Inc)

No Actions or Court Orders. No Action by any governmental authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to damage Buyer, Buyer Sub 1, NewcoSeller, the Contributed Assets or the Business materially if the transactions contemplated hereby are consummated, including without limitation any material adverse effect on the right or ability of Newco to own, operate, possess or transfer the Contributed Assets after the Closing. There shall not be any Regulation or Court Order that makes the purchase and sale of the Seller Common Units or the contribution of the Contributed Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Limited Liability Company Unit Purchase Agreement (Centex Construction Products Inc)

AutoNDA by SimpleDocs

No Actions or Court Orders. No Action by any governmental authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to damage Buyer, Buyer Sub 12, Newco, the Contributed Assets or the Business materially if the transactions contemplated hereby are consummated, including without limitation any material adverse effect on the right or ability of Newco to own, operate, possess or transfer the Contributed Assets after the Closing. There shall not be any Regulation or Court Order that makes the purchase and sale of the Seller NES Common Units or the contribution of the Contributed Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Limited Liability Company Unit Purchase Agreement (Centex Construction Products Inc)

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