Common use of No Adverse Laws Clause in Contracts

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. There shall not have been enacted or promulgated by any foreign, federal, state or local governmental agency, body or entity, any statute, ordinance or regulation which has a material and adverse affect effect upon the Company, the Business or the Purchased Assets, condition, financial or otherwise, operations or prospects of the Business.

No Adverse Laws. There shall not have been enacted or promulgated by any foreign, federal, state or local governmental agency, body or entity, any statute, ordinance or regulation which has had a material and adverse affect effect upon the Assets, condition, financial or otherwise, operations or prospects of the BusinessBuyer's business.

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 Assetsassets, condition, financial or otherwise, operations or prospects of the BusinessBuyer.