Common use of No Change in Law Clause in Contracts

No Change in Law. There shall not have been any action, or any statute enacted, by any government or agency thereof which would render the parties unable to consummate the transactions contemplated herein or make the transactions contemplated herein illegal, prohibit or restrict the consummation of the transactions contemplated herein. In the case of failure of the condition set forth in this Section 6.02(f), Seller and Shareholder shall deliver to Buyer an opinion of counsel to such effect.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Intelligent Electronics Inc), Asset Purchase Agreement (Xlconnect Solutions Inc)

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No Change in Law. There shall not have been any action, or any statute enacted, by any government or agency thereof which would render the parties unable to consummate the transactions contemplated herein or make the transactions contemplated herein illegal, prohibit or restrict the consummation of the transactions contemplated herein. In the case of failure of the condition set forth in this Section 6.02(f6.01(h), Seller and Shareholder Buyer shall deliver to Buyer Sellers and Shareholder an opinion of counsel to such effect.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Xlconnect Solutions Inc), Asset Purchase Agreement (Intelligent Electronics Inc)

No Change in Law. There shall not have been any action, or any statute enacted, by any government or agency thereof which would render the parties unable to consummate the transactions contemplated herein or make the transactions contemplated herein illegal, prohibit or restrict the consummation of the transactions contemplated herein. In the case of failure of the condition set forth in this Section 6.02(f), Seller and Shareholder Shareholders shall deliver to Buyer and Sage an opinion of counsel to such effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interliant Inc)

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No Change in Law. There shall not have been any action, or any statute enacted, by any government or agency thereof which would render the parties unable to consummate the transactions contemplated herein or make the transactions contemplated herein illegal, or prohibit or restrict the consummation of the transactions contemplated herein. In the case of failure of the condition set forth in this Section 6.02(f6.01(h), Seller and Shareholder Buyer shall deliver to Buyer Seller and Shareholders an opinion of counsel to such effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interliant Inc)

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