No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 6 contracts
Samples: Common Stock Purchase Agreement (Wecast Network, Inc.), Common Stock Purchase Agreement (You on Demand Holdings, Inc.), Common Stock Purchase Agreement (You on Demand Holdings, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 4 contracts
Samples: Common Stock Purchase Agreement (Wecast Network, Inc.), Common Stock Purchase Agreement (You on Demand Holdings, Inc.), Common Stock Purchase Agreement (You on Demand Holdings, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that any Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 4 contracts
Samples: Securities Purchase Agreement (You on Demand Holdings, Inc.), Securities Purchase Agreement (Beijing Sun Seven Stars Culture Development LTD), Securities Purchase Agreement (You on Demand Holdings, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Seller, the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Seller, the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.), Securities Purchase Agreement (Wecast Network, Inc.), Securities Purchase Agreement (Wecast Network, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Seller or the Company or any of its directors or against that Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Seller, the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.), Securities Purchase Agreement (Wecast Network, Inc.), Securities Purchase Agreement (Wecast Network, Inc.)
No Actions. (i) No Action action shall be pending or overtly threatened by any Governmental Authority governmental authority or any other party against the Seller, the Company or any of its directors or against that the Purchaser, which Action action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactionscontemplated transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action action are material in relation to the Company Seller, the company and its Subsidiariessubsidiaries, taken as a whole, and (ii) no Lawlaw, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority governmental authority that prohibits or makes illegal the consummation of any of the Contemplated Transactionscontemplated transactions.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.), Securities Purchase Agreement (Seven Stars Cloud Group, Inc.)
No Actions. (i) No Action action shall be pending or overtly threatened by any Governmental Authority governmental authority or any other party against the Company Seller or any of its directors or against that Purchaser, which Action action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactionscontemplated transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action action are material in relation to the Company and its SubsidiariesSeller, taken as a whole, and (ii) no Lawlaw, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority governmental authority that prohibits or makes illegal the consummation of any of the Contemplated Transactionscontemplated transactions.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.), Securities Purchase Agreement (Seven Stars Cloud Group, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) except for claims disclosed on Schedule 3.17(b), result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Series E Preferred Stock Purchase Agreement (You on Demand Holdings, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) except for Claims disclosed on Schedule 3.11, result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Series D Preferred Stock Purchase Agreement (You on Demand Holdings, Inc.)
No Actions. (ia) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (Ax) restrain or prohibit the consummation of any of the Contemplated Transactions, or (By) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and .
(iib) no LawNo law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (New Mountain Partners Lp)
No Actions. (i) No Action action shall be pending or overtly threatened by any Governmental Authority governmental authority or any other party against the Company Sellers or GuangMing or any of its directors or against that Purchaser, which Action action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactionscontemplated transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action action are material in relation to the Company Sellers and its SubsidiariesGuangMing, taken as a whole, and (ii) no Lawlaw, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority governmental authority that prohibits or makes illegal the consummation of any of the Contemplated Transactionscontemplated transactions.
Appears in 1 contract
Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal or otherwise relates to the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Series D Preferred Stock Purchase Agreement (You on Demand Holdings, Inc.)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (Ax) restrain or prohibit the consummation of any of the Contemplated Transactions, or (By) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and .
(ii) no LawNo law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Res Care Inc /Ky/)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (Ax) restrain or prohibit the consummation of any of the Contemplated Transactions, or (By) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and .
(ii) no LawNo law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal or otherwise relates to the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Res Care Inc /Ky/)
No Actions. (i) No Action action shall be pending or overtly threatened by any Governmental Authority governmental authority or any other party against the Company Purchaser or any of its directors or against that Purchaserdirectors, which Action action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactionscontemplated transactions, or (B) result in damages that alone or together with the costs and expenses of defending such Action action are material in relation to the Company Purchaser, the company and its Subsidiariessubsidiaries, taken as a whole, and (ii) no Lawlaw, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority governmental authority that prohibits or makes illegal the consummation of any of the Contemplated Transactionscontemplated transactions.
Appears in 1 contract
Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.)
No Actions. (ia) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (Ax) restrain or prohibit the consummation of any of the Contemplated Transactions, or (By) result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and .
(iib) no LawNo law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal or otherwise relates to the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (New Mountain Partners Lp)
No Actions. (i) No Action shall be pending or overtly threatened by any Governmental Authority or any other party against the Company or any of its directors or against that the Purchaser, which Action is reasonably likely to (A) restrain or prohibit the consummation of any of the Contemplated Transactions, or (B) except for claims disclosed on Schedule 3.17(b), result in damages that alone or together with the costs and expenses of defending such Action are material in relation to the Company and its Subsidiaries, taken as a whole, and (ii) no Law, order, decree, rule or injunction shall have been enacted, entered, promulgated or enforced by any Governmental Authority that prohibits or makes illegal the consummation of any of the Contemplated Transactions.
Appears in 1 contract
Samples: Series E Preferred Stock Purchase Agreement (You on Demand Holdings, Inc.)
