Common use of No Governmental Proceedings Clause in Contracts

No Governmental Proceedings. There shall not be any (i) pending suit, action or proceeding initiated by any Governmental Entity of competent jurisdiction challenging or seeking to restrain or prohibit the consummation of the Scheme of Arrangement or any of the other transactions contemplated by this Agreement or (ii) pending suit, action, or proceeding initiated by any Governmental Entity of competent jurisdiction seeking to require Acquiror or the Company or any of their Subsidiaries or affiliates to effect any remedial measures that Acquiror is not required to accept pursuant to Section 5.7.

Appears in 4 contracts

Samples: Implementation Agreement, Implementation Agreement (Advantest Corp), Implementation Agreement (Verigy Holding Co. Ltd.)

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No Governmental Proceedings. There shall not be any (i) pending suit, action or proceeding initiated by any Governmental Entity of competent jurisdiction challenging or seeking to restrain or prohibit the consummation of the Scheme of Arrangement or any of the other transactions contemplated by this Agreement or (ii) pending suit, action, action or proceeding initiated by any Governmental Entity of competent jurisdiction seeking to require Globe, Acquiror or the Company or any of their Subsidiaries or affiliates Affiliates to effect any remedial measures that Acquiror is not required to accept pursuant to Section 5.7.

Appears in 1 contract

Samples: Implementation Agreement (SunEdison Semiconductor LTD)

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