Common use of No Adverse Proceedings or Events Clause in Contracts

No Adverse Proceedings or Events. No action or proceeding against Purchaser or the consummation of the transactions contemplated by this Agreement shall have been instituted or threatened or any investigations undertaken that might result in any such action or proceeding, no order of any court entered, and no other event shall have occurred or not occurred, on or before the Effective Date, which, in the view of Purchaser's counsel, renders it impossible for legal reasons for Purchaser to consummate the transactions contemplated by this Agreement.

No Adverse Proceedings or Events. No action or proceeding against Purchaser Seller or the consummation of the transactions contemplated by this Agreement shall have been instituted or threatened or any investigations undertaken that might result in any such action or proceeding, no order of any court entered, and no other event shall have occurred or not occurred, on or before the Effective Date, which, in the view of Purchaser's Seller’s counsel, renders it impossible or inadvisable for legal reasons for Purchaser Seller to consummate the transactions contemplated by this Agreement.

No Adverse Proceedings or Events. No action or proceeding against Purchaser Seller or the consummation of the transactions contemplated by this Agreement shall have been instituted or threatened or any investigations undertaken that might result in any such action or proceeding, no order of any court entered, and no other event shall have occurred or not occurred, on or before the Effective Date, which, in the view of PurchaserSeller's counsel, renders it impossible or inadvisable for legal reasons for Purchaser Seller to consummate the transactions contemplated by this Agreement.

No Adverse Proceedings or Events. No action or proceeding against Purchaser or the consummation of the transactions contemplated by this Agreement shall have been instituted or threatened or any investigations undertaken that might result in any such action or proceeding, no order of any court entered, and no other event shall have occurred or not occurred, on or before the Effective Date, which, in the view of Purchaser's ’s counsel, renders it impossible for legal reasons for Purchaser to consummate the transactions contemplated by this Agreement.