Common use of No Adverse Proceedings Clause in Contracts

No Adverse Proceedings. No statute, rule or regulation shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against the Sellers, the Company or Purchaser, which, in any case, in the reasonable judgment of Sellers, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against the Sellers, the Company Purchaser or PurchaserAcquisition Sub, which, in any case, in the reasonable judgment of Sellersthe Company, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Company as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted enacted, promulgated or promulgatedproposed, and no investigation, action, suit or proceeding shall have been threatened or instituted against Seller, Purchaser or Company as of the Sellers, the Company or PurchaserClosing Date, which, in any such case, in the reasonable judgment of SellersPurchaser, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, hereby or which claimsoperation of the Business, or might give rise to a claim for, for damages against the Sellers Seller, Purchaser or Company as a result of the consummation of such transactionstransactions or operation of the Business.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against Seller or Purchaser as of the Sellers, the Company or PurchaserClosing Date, which, in any such case, in the reasonable judgment of SellersSeller, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Seller as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against the Sellers, the Company or Purchaserthe Subsidiary, which, in any case, in the reasonable judgment of SellersPurchaser, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Purchaser or Acquisition Sub as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation law shall have been enacted or promulgated, and no investigationsuit, action, suit investigation, inquiry or other proceeding by any governmental body or other person or legal administrative proceeding shall have been instituted or threatened which questions the validity or instituted against legality of the Sellerstransactions contemplated hereby, the Company seeks to restrain or Purchaser, which, in any case, in the reasonable judgment of Sellers, challenges, or might result in a challenge to, the consummation of prohibit the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Buyer as a result of the consummation of such the transactions, or which in Buyer's judgment imposes or may impose undue burdens upon the Company or the Buyer.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against the SellersSeller, the Company or Purchaser, which, in any case, in the reasonable judgment of SellersSeller, challenges, or might could reasonably be expected to result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might could reasonably be expected to give rise to a claim for, damages in a material amount against the Sellers Seller as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against Seller, Purchaser or Company as of the Sellers, the Company or PurchaserClosing Date, which, in any such case, in the reasonable judgment of SellersSeller, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Seller as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and ---------------------- no investigation, action, suit or proceeding shall have been threatened or instituted against the Sellers, the Company or Purchaser, which, in any case, in the reasonable judgment of Sellers, challenges, or might could reasonably be expected to result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might could reasonably be expected to give rise to a claim for, damages against the Sellers as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against Seller or Purchaser as of the Sellers, the Company or PurchaserClosing Date, which, in any such case, in the reasonable judgment of SellersPurchaser, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Purchaser as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and no investigation, action, suit or proceeding shall have been threatened or instituted against the Sellers, the Company or Purchaser, which, in any case, in the reasonable judgment of SellersPurchaser, challenges, or might result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might give rise to a claim for, damages against the Sellers Purchaser as a result of the consummation of such transactions.

No Adverse Proceedings. No statute, rule or regulation Law shall have been enacted or promulgated, and ---------------------- no investigation, action, suit or proceeding shall have been threatened or instituted against the Sellers, the Company or Purchaser, which, in any case, in the reasonable judgment of SellersPurchaser, challenges, or might could reasonably be expected to result in a challenge to, the consummation of the transactions contemplated hereby, or which claims, or might could reasonably be expected to give rise to a claim for, damages against Purchaser or the Sellers Company as a result of the consummation of such transactions.