Common use of No Governmental Proceedings or Litigation Clause in Contracts

No Governmental Proceedings or Litigation. No suit, action or ----------------------------------------- other legal or administrative proceeding by any governmental authority or any other party or entity shall have been instituted and remain unresolved which questions the validity or legality of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Opti Inc), Asset Purchase Agreement (Hearme)

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No Governmental Proceedings or Litigation. No suit, action or ----------------------------------------- other legal or administrative proceeding by any governmental authority or any other party or entity shall have been instituted and remain unresolved which questions the validity or legality of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Genesis Media Group Inc /De/), Asset Purchase Agreement (Qad Inc)

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