Common use of No Adverse Litigation Clause in Contracts

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Assets.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Infocure Corp), Asset Purchase Agreement (Zila Inc), Asset Purchase Agreement (Zila Inc)

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No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Transferred Assets to Buyer or any other transaction contemplated hereby, or which might materially and adversely affect the right of Buyer to own own, operate or control the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Transferred Assets.

Appears in 2 contracts

Samples: Purchase Agreement (Usol Holdings Inc), Purchase Agreement (Usol Holdings Inc)

No Adverse Litigation. There shall not be pending or threatened any --------------------- action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Infocure Corp), Asset Purchase Agreement (Infocure Corp)

No Adverse Litigation. There shall not be pending or threatened any --------------------- action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer by Seller or any other transaction contemplated hereby, hereby or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of BuyerSeller, makes it inadvisable to proceed with the purchase sale of the Purchased Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Infocure Corp), Asset Purchase Agreement (Infocure Corp)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets Shares to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller Shares and which, in the reasonable judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased AssetsShares.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Physicians Capital Group, Inc.)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer the Purchaser or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the reasonable judgment of Buyerthe Seller, makes it inadvisable to proceed with the purchase of the Purchased Assetstransaction contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Disposal Services Inc)

No Adverse Litigation. There shall not be pending or threatened any action action, suit, investigation or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit prohibit, invalidate or invalidate collect damages arising out of the sale purchase of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets own, operate in their entirety, or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of control the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spectrx Inc)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business Orthodontic Business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Halis Inc)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the reasonable judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (First Physicians Capital Group, Inc.)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer the Purchaser or any other transaction contemplated hereby, or which might materially affect the right of Buyer the Purchaser to own own, operate in their entirety or control the Purchased Assets or to operate and lease the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased AssetsPremises.

Appears in 1 contract

Samples: Asset Purchase Agreement (Secom General Corp)

No Adverse Litigation. There shall not be pending or threatened --------------------- any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business Orthodontic Business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Infocure Corp)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets Shares to Buyer Purchaser or any other transaction contemplated hereby, or which might if adversely determined would reasonably be expected to affect the right or ability of Buyer the Shareholders to own sell the Purchased Assets or to operate the business formerly operated by Seller Shares, and which, in the reasonable judgment of Buyerthe Shareholders' Representative, makes it inadvisable to proceed with the purchase of the Purchased Assetstransactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allin Communications Corp)

No Adverse Litigation. There shall not be pending or threatened --------------------- any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer by Seller or any other transaction contemplated hereby, hereby or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of BuyerSeller, makes it inadvisable to proceed with the purchase sale of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Infocure Corp)

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No Adverse Litigation. There shall not be pending or threatened any action or proceeding against either Seller by or before any court or other governmental body (a) which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer the Purchaser or any other transaction contemplated hereby, or (b) which might would materially and adversely affect the right of Buyer the Purchaser to own the Purchased Assets own, operate in its entirety or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of control the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Global It Holdings Inc)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale assignment, transfer or delivery of the Purchased Subject Assets to the Buyer or any other transaction contemplated herebyby this Agreement, or which might materially adversely affect the right of the Buyer to own or operate in their entirety the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased Subject Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (French Fragrances Inc)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets Shares to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of BuyerSeller, makes it inadvisable to proceed with the purchase of the Purchased Assetstransactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Physicians Capital Group, Inc.)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets Shares to Buyer the Purchaser or any other transaction contemplated hereby, or which might if adversely determined would reasonably be expected to affect the right of Buyer the Purchaser to own own, operate in their entirety or control the Purchased Assets or to operate Shares and the business formerly operated by Seller property and assets of the Company, and which, in the reasonable judgment of Buyerthe Purchaser, makes it inadvisable to proceed with the purchase of the Purchased Assetstransactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allin Communications Corp)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer the Partnerships or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate control the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of the Purchased AssetsPartnership.

Appears in 1 contract

Samples: Asset Purchase Agreement (Amedisys Inc)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer the Purchaser or any other transaction contemplated hereby, or which might affect affects the right of Buyer the Seller to own sell or the Purchased Assets Purchaser to own, operate or to operate the business formerly operated by Seller and which, in the judgment of Buyer, makes it inadvisable to proceed with the purchase of control the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Greenman Technologies Inc)

No Adverse Litigation. There shall not be pending or threatened any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit or invalidate the sale of the Purchased Assets to Buyer or any other transaction contemplated hereby, or which might affect the right of Buyer to own the Purchased Assets or to operate the business formerly operated by Seller and which, in the judgment of BuyerSeller, makes it inadvisable to proceed with the purchase of the Purchased Assetstransactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (First Physicians Capital Group, Inc.)

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