Common use of No Adverse Proceeding Clause in Contracts

No Adverse Proceeding. There shall not have been instituted or be pending any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit or question the validity or legality of the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Eagle Family Foods Inc), Stock Purchase Agreement (Strategic Distribution Inc)

AutoNDA by SimpleDocs

No Adverse Proceeding. There shall not have been instituted or be pending any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or restrain, prohibit or question the validity or legality of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Project Software & Development Inc), Stock Purchase Agreement (Strategic Distribution Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.