Common use of No Change of Laws Clause in Contracts

No Change of Laws. After the date hereof and prior to the Closing Time, there shall have been no change in the laws in force in any jurisdiction in which any of the Corporation's business is carried on, or any of the Corporation's Assets are located including, without limitation, amendment to or repeal of existing statutes, regulations, rules or policies and enactment or implementation of new statutes, regulations, rules or policies, nor the occurrence of any general or specific event which, in the opinion of the Purchaser, could materially adversely affect the Corporation's Assets, the conduct of its business, or the transactions contemplated herein or the ability of the Corporation to conduct, expand or develop its business or to own or operate the Corporation's Assets after the Closing Time, and no such change shall have been proposed.

No Change of Laws. After the date hereof and prior to the Closing Time, there shall have been no change in the laws in force in any jurisdiction in which any of the CorporationCorporations's business is carried on, or any of the CorporationCorporations's Assets are located including, without limitation, amendment to or repeal of existing statutes, regulations, rules or policies and enactment or implementation of new statutes, regulations, rules or policies, nor the occurrence of any general or specific event which, in the opinion of the Purchaser, could materially adversely affect the CorporationCorporations's Assets, the conduct of its business, or the transactions contemplated herein or the ability of the Corporation Corporations to conduct, expand or develop its business or to own or operate the CorporationCorporations's Assets after the Closing Time, and no such change shall have been proposed.