No Adverse Laws. There shall not have been enacted, adopted or promulgated any statute, rule, regulation or order which materially adversely affects the business or assets of the Corporation.
No Adverse Laws. There not having been any statute, rule or regulation enacted or promulgated by any governmental body or agency after the date hereof which is applicable to the purchase and sale of the Shares pursuant to this Agreement which would render the consummation of any such purchase and sale illegal.
No Adverse Laws. There shall not have been enacted or promulgated by any federal, state or local governmental agency, body or entity, any statute, ordinance or regulation which has a material and adverse affect upon the Assets, condition, financial or otherwise, operations or prospects of the Business.
No Adverse Laws. The issuance of the Notes, and the consummation of the transactions to occur on the Closing Date as contemplated hereunder and under the other Transaction Documents shall be permitted by all applicable Laws to which each Note Holder, each Transaction Document Party and each other party thereto is subject.
No Adverse Laws. There shall not have been enacted any Law which would or could (a) prohibit or prevent the consummation of the transactions contemplated hereby, (b) materially adversely affect the right of Purchaser to retain or use in any manner the Purchased Assets or to conduct any aspect of the Business in any jurisdiction, or (c) have a Material Adverse Effect upon the Business or the Purchased assets.
No Adverse Laws. The issuance and sale of the Note(s) and the consummation of the other transactions to occur on the Closing Date as contemplated hereunder and under the other Note Documents shall be permitted by all applicable Laws to which Note Purchaser and each other party thereto is subject.
No Adverse Laws. 27 7.8 Affiliate and Other Transactions...........................28 7.9
No Adverse Laws. Design has not received notice of any violation of any applicable federal, state, or local statute, law, or regulation (including any applicable building, zoning, environmental protection, or other law, ordinance, or regulation) affecting the operation of the Design Business or the real estate in which it conducts its business. To the best of its knowledge, there are no such violations.
No Adverse Laws. 3D has not received notice of any violation of any applicable federal, state, or local statute, law, or regulation (including any applicable building, zoning, environmental protection, or other law, ordinance, or regulation) affecting the operation of the 3D Business or the real estate in which it conducts its business. To the best of its knowledge, there are no such violations.
No Adverse Laws. The issuance and purchase of the Note and the consummation of the other transactions contemplated under this Agreement and under the other Financing Documents shall be permitted by all applicable Laws to which Note Holder and each Transaction Party is subject.
