No Adverse Order or Injunctions Clause Samples
The 'No Adverse Order or Injunctions' clause ensures that neither party is currently subject to any court orders, injunctions, or legal restrictions that would negatively impact their ability to enter into or perform under the agreement. In practice, this means each party represents that there are no existing legal prohibitions, such as restraining orders or government-imposed bans, that could interfere with their contractual obligations. This clause serves to protect both parties by confirming that there are no hidden legal barriers that could prevent the agreement from being carried out as intended.
POPULAR SAMPLE Copied 7 times
No Adverse Order or Injunctions. Seller is not a party to, nor is Seller subject to or bound by, nor does there exist any agreement, or any judgment, order, writ, prohibition, injunction or decree of any Governmental Authority with respect to Seller, which would prevent the execution, delivery or performance of this Agreement by Seller, or the transfer, conveyance and sale of all of the Project Assets to PGE pursuant to the terms hereof.
No Adverse Order or Injunctions. PGE is not a party to, and to PGE’s knowledge, is not subject to or bound by, any agreement, or any judgment, order or injunction of any Governmental Authority, which would prevent or have a material adverse effect on the execution, delivery or performance of this Agreement by PGE, or the purchase of the Project Assets by PGE pursuant to the terms hereof.
No Adverse Order or Injunctions. The Sponsor is not a party to, subject to or bound by any contract with, or any order of a Governmental Authority, that would prevent or materially and adversely affect the execution, delivery or performance of this Agreement by the Sponsor. There is no action, suit or proceeding by or before any arbitrator or Governmental Authority pending or threatened in which the Sponsor has appeared or has been named or served as a party (either as a plaintiff or defendant) that would materially and adversely affect the execution, delivery or performance of this Agreement by the Sponsor.
No Adverse Order or Injunctions. Buyer is not a party to, subject to or bound by any agreement with, or any judgment, order, writ, prohibition, injunction or decree of any court or other Governmental Authority, which (a) would prevent or materially and adversely affect the execution, delivery or performance of this Agreement by Buyer, or the transfer, conveyance and sale of all of the Acquired Assets by Seller to Buyer pursuant to the terms of this Agreement or (b) to Buyer’s Knowledge, have a Material Adverse Effect on Buyer.
No Adverse Order or Injunctions. There is no (a) action, suit, investigation or proceeding or claim pending or (b) judgment, order, writ, prohibition, injunction or decree of any court or other Governmental Authority outstanding or, in each case, to the knowledge of Buyer, threatened against or involving Buyer that questions or challenges the validity of this Agreement or any of the Buyer Ancillary Agreements or Buyer’s execution, delivery or performance of this Agreement or any of the Buyer Ancillary Agreements to which Buyer is a party.
No Adverse Order or Injunctions. There is no (a) Action or (b) judgment, order, writ, prohibition, injunction or decree of any court or other Governmental Authority outstanding or, in each case, to the knowledge of Buyer, or TeraWulf threatened against such party that questions or challenges the validity of this Agreement or any of the Buyer Ancillary Agreements or such party’s execution, delivery or performance of this Agreement or any of the Buyer Ancillary Agreements to which it is a party.
No Adverse Order or Injunctions. There is no Action pending or, to ▇▇▇▇▇’s knowledge, threatened against Buyer that would result in a Buyer Material Adverse Effect.
No Adverse Order or Injunctions. Transferee is not a party to, subject to or bound by any Contract with, or any judgment, order, writ, prohibition, injunction or decree of any court or other Governmental Authority, which would prevent or materially and adversely affect the execution, delivery or performance of this Agreement by Transferee.
No Adverse Order or Injunctions. There is no (a) action, suit, investigation, proceeding or claim pending or (b) judgment, order, writ, prohibition, injunction or decree of any court or other Governmental Authority outstanding or, in each case, to Seller’s Knowledge, threatened against or involving Seller or any Membership Interests owned by Seller that questions or challenges the validity of this Agreement or any of the Seller Ancillary Agreements or Seller’s execution, delivery or performance of this Agreement or any of the Seller Ancillary Agreements to which Seller is a party.