No Adverse Litigation. There shall not be pending any action or proceeding by or before any court or other governmental body which shall seek to restrain, prohibit, invalidate or collect damages arising out of the transactions contemplated hereby.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Kellstrom Industries Inc), Inventory Purchase Agreement (Aviation Sales Co), Inventory Purchase Agreement (Kellstrom Industries 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, invalidate or collect damages arising out of the transactions contemplated hereby, and which, in the judgment of the Company, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 2 contracts
Samples: Contribution Agreement (Pan Pacific Retail Properties Inc), Contribution Agreement (Pan Pacific Retail Properties 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, invalidate or collect a material amount of damages arising out of of, the transactions contemplated hereby.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Aviation Sales Co), Stock Purchase Agreement (Primark 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, invalidate or collect damages arising out of the transactions contemplated hereby, and which, in the judgment of Nations, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Nationsrent Inc), Stock Purchase Agreement (Nationsrent 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, invalidate or collect damages arising out of the transactions contemplated hereby, and which, in the judgment of Relationserve, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 1 contract
Samples: Asset Purchase Agreement (Chubasco Resources Corp.)
No Adverse Litigation. There shall not be pending any action or proceeding by or before any court or other governmental body body, which shall seek to restrain, prohibit, invalidate or collect damages arising out of the transactions contemplated hereby.
Appears in 1 contract
Samples: Post Closing Resolution Agreement (Timco Aviation Services 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, invalidate or collect damages arising out of the transactions contemplated hereby, and which, in the judgment of the Members, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 1 contract
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, invalidate or collect damages arising out of the transactions contemplated hereby, and which, in the sole judgment of the Company, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 1 contract
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, invalidate or collect damages arising out of the transaction contemplated hereby, and which, in the judgment of Nations, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 1 contract
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, invalidate or collect damages arising out of the transactions contemplated hereby, and which, in the reasonable judgment of Nations, makes it inadvisable to proceed with the transactions contemplated hereby.
Appears in 1 contract
