No Governmental Proceedings or Litigation. No suit, action, investigation or other proceeding by any governmental authority or other person or any other legal or administrative proceeding shall have been instituted or threatened which would make illegal, or prevent, or question the validity or legality of, the transactions contemplated hereby or which seeks material damages in respect thereof.
Appears in 3 contracts
Samples: Asset Purchase Agreement (JPS Textile Group Inc /De/), Asset Transfer Agreement (JPS Textile Group Inc /De/), Asset Purchase Agreement (JPS Industries Inc)
No Governmental Proceedings or Litigation. No suit, action, investigation or other proceeding by any governmental authority or other person or any other legal or administrative proceeding shall have been instituted or threatened which would make illegal, or preventprevents, or question questions the validity or legality of, the transactions contemplated hereby or which seeks material damages in respect thereof.
Appears in 2 contracts
Samples: Asset Purchase Agreement (JPS Textile Group Inc /De/), Asset Purchase Agreement (JPS Industries Inc)
No Governmental Proceedings or Litigation. No suit, action, investigation investigation, inquiry or other proceeding by any governmental authority or other person or any other legal or administrative proceeding shall have been instituted or threatened which would make illegal, or prevent, or question questions the validity or legality of, of the transactions contemplated hereby or and which seeks could reasonably be expected to have a material damages in respect thereofadverse effect upon Company if the transactions contemplated hereunder are consummated.
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