Common use of No Governmental Proceedings or Litigation Clause in Contracts

No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority shall have been instituted or threatened which questions the validity or legality of the transactions contemplated by the Transaction Documents and which could reasonably be expected to affect the right or ability of Buyer to own, operate or possess the Purchased Assets after the Closing Date or to damage Buyer if the transactions contemplated thereunder are consummated.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Coinmach Laundry Corp), Asset Purchase Agreement (Coinmach Corp)

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No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority shall have been instituted or threatened which questions the validity or legality of the transactions transaction contemplated by the Transaction Documents hereby and which could reasonably be expected to affect materially the right or ability of Buyer to own, operate or possess the Purchased Assets after the Closing Date or to damage Buyer materially if the transactions contemplated thereunder hereunder are consummated.

Appears in 1 contract

Samples: Asset Purchase Agreement (McLeod Inc)

No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority Governmental Entity shall have been instituted or threatened which questions the validity or legality of the transactions contemplated by the Transaction Documents hereby and which could reasonably be expected to affect the right or ability of Buyer to own, operate or possess the Purchased Assets Business after the Closing Date or to damage Buyer if the transactions contemplated thereunder hereunder are consummated.

Appears in 1 contract

Samples: Acquisition Agreement (Phoenix Companies Inc/De)

No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority Governmental Entity shall have been instituted or threatened which questions the validity or legality of the transactions contemplated by the Transaction Documents hereby and which could reasonably be expected to affect the right or ability of Buyer to own, operate or possess the Purchased Assets Businesses after the Closing Date or to damage Buyer if the transactions contemplated thereunder hereunder are consummated.

Appears in 1 contract

Samples: Acquisition Agreement (Phoenix Companies Inc/De)

No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority shall have been instituted or threatened in writing which questions the validity or legality of the transactions contemplated by the Transaction Documents hereby and which could reasonably be expected to materially affect the right or ability of Buyer to own, operate or possess the Purchased Assets Assets, the MAS Stock or the MLSLP Partnership Interests after the Closing Date or to damage Buyer if the transactions contemplated thereunder hereunder are consummated.

Appears in 1 contract

Samples: Purchase Agreement (Coinmach Corp)

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No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority shall have been instituted or threatened which questions the validity or legality of the transactions transaction contemplated by the Transaction Documents hereby and which could reasonably be expected to affect materially the right or ability of Buyer Purchaser to own, operate or possess the Purchased Assets after the Closing Date or to damage Buyer Purchaser materially if the transactions contemplated thereunder hereunder are consummated.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied Research Corp)

No Governmental Proceedings or Litigation. No Action by any ----------------------------------------- governmental authority shall have been instituted or threatened which questions the validity or legality of the transactions contemplated by the Transaction Documents and hereby or which could reasonably be expected to (i) materially adversely affect the right or ability of Buyer to own, operate or possess the Purchased Assets after the Closing Date or to (ii) damage Buyer in any material respect if the transactions contemplated thereunder hereunder are consummated.

Appears in 1 contract

Samples: Stock Purchase Agreement (Coinmach Corp)

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