Common use of No Challenge Clause in Contracts

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, the Merger or the conversion of Seller Common Stock into Company Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company or the Company Subsidiaries of all or any portion of the business or assets of the Seller, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency or any other person (i) challenging or seeking material damages in connection with, the Merger or the conversion of Seller Common Stock into Company Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company or the Company Subsidiaries of all or any portion of the business or assets of the Seller, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, the Merger or the conversion of Seller Common Stock into Company Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company or the Company Subsidiaries of all or any portion of the business or assets of the Seller, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, the Merger or the conversion of Seller Common Stock into Company Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company or the Company Subsidiaries of all or any portion of the business or assets of the Seller, which in either case is reasonably likely to have a Material Adverse Effect on either with respect to the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, taken as a wholeCompany.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, with the Merger or the conversion of Seller Company Common Stock into Company Acquiror Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company Acquiror or the Company Acquiror Subsidiaries of all or any portion of the business or assets of the SellerCompany, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, Subsidiaries taken as a whole or the Acquiror and the Acquiror Subsidiaries taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, the Merger or the conversion of Seller Common Stock into Company Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company or the Company Subsidiaries of all or any portion of the business or assets of the Seller, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, with the Merger or the conversion of Seller Company Common Stock into Company Buyer Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company Buyer or the Company Buyer Subsidiaries of all or any portion of the business or assets of the SellerCompany, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, Subsidiaries taken as a whole or the Buyer and the Buyer Subsidiaries taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, with the Merger or the conversion of Seller Company Common Stock into Company Buyer Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company Buyer or the Company Buyer Subsidiaries of all or any portion of the business or assets of the SellerCompany, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, Subsidiaries taken as a whole or the Buyer and the Buyer Subsidiaries taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government agency (i) challenging or seeking material damages in connection with, with the Merger or the conversion of Seller Company Common Stock into Company Acquiror Common Stock pursuant to the Merger or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company Acquiror or the Company Acquiror Subsidiaries of all or any portion of the business or assets of the SellerCompany, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Subsidiaries, taken as a whole, or the Company and the Company Subsidiaries, Subsidiaries taken as a whole or the Acquiror and the Acquiror Subsidiaries taken as a whole.

No Challenge. There shall not be pending any action, proceeding or investigation before any court or administrative agency or by a government any governmental agency or any other person (i) challenging or seeking material damages in connection with, with the Merger or the conversion of Seller the Company Common Stock into Company Merchants Common Stock or cash pursuant to the Merger Merger, or (ii) seeking to restrain, prohibit or limit the exercise of full rights of ownership or operation by the Company Merchants or the Company Subsidiaries its subsidiaries of all or any portion of the business or assets of the SellerCompany or its Subsidiaries, which in either case is reasonably likely to have a Material Adverse Effect on either the Seller and the Seller Company or its Subsidiaries, taken as a whole, or the Company and the Company SubsidiariesMerchants or its subsidiaries, taken as a whole.