Common use of No Injunctions or Regulatory Restraints; Illegality Clause in Contracts

No Injunctions or Regulatory Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other Order issued by any court of competent jurisdiction or other Governmental or Regulatory Authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect; nor shall there be any Law or Order enacted, entered, enforced or deemed applicable to the Acquisition or the other transactions contemplated by the terms of this Agreement that would (i) prohibit the consummation of the Acquisition or require Purchaser to hold separate the assets of the Company, (ii) prohibit or restrict Purchaser from exercising full voting rights with respect to its shares of capital stock of the Company or (iii) permit consummation of the Acquisition only if certain divestitures were made or if Purchaser were to agree to limitations on its or its Subsidiaries’ business activities or operations.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Intersections Inc), Stock Purchase Agreement (China Healthcare Acquisition Corp.)

AutoNDA by SimpleDocs

No Injunctions or Regulatory Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other Order issued by any court of competent jurisdiction or other Governmental or Regulatory Authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect; nor shall there be any Law or Order enacted, entered, enforced or deemed applicable to the Acquisition or the other transactions contemplated by the terms of this Agreement that would (i) prohibit the consummation of the Acquisition or require the Purchaser to (i) hold separate the assets of the Company, Company or (ii) prohibit or restrict Purchaser from exercising not exercise full voting rights with respect to its shares of capital stock of Membership Interests in the Company or (iii) which would permit consummation of the Acquisition only if certain divestitures were made or if the Purchaser were to agree to limitations on its or its Subsidiaries’ business activities or operations.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Widepoint Corp)

No Injunctions or Regulatory Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other Order issued by any court of competent jurisdiction or other Governmental or Regulatory Authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition Merger shall be in effect; nor shall there be any Law or Order enacted, entered, enforced or deemed applicable to the Acquisition Merger or the other transactions contemplated by the terms of this Agreement that would (i) prohibit the consummation of the Acquisition Merger or require Purchaser Parent to (i) hold separate the assets of the Company, Surviving Corporation or (ii) prohibit or restrict Purchaser from exercising not exercise full voting rights with respect to its shares of capital stock of the Company Surviving Corporation or (iii) which would permit consummation of the Acquisition Merger only if certain divestitures were made or if Purchaser Parent were to agree to limitations on its or its Subsidiaries’ business activities or operations.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Safenet Inc)

No Injunctions or Regulatory Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other Order issued by any court of competent jurisdiction or other Governmental or Regulatory Authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect; nor shall there be any Law or Order enacted, entered, enforced or deemed applicable to the Acquisition or the other transactions contemplated by the terms of this Agreement that would (i) prohibit the consummation of the Acquisition or require Purchaser to hold separate the assets of the CompanyAcquisition, (ii) prohibit or restrict Purchaser from exercising full voting rights with respect to its shares of capital stock of the Company or (iii) permit consummation of the Acquisition only if certain divestitures were made or if Purchaser were to agree to limitations on its or its Subsidiaries’ business activities or operations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intersections Inc)

AutoNDA by SimpleDocs

No Injunctions or Regulatory Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other Order issued by any court of competent jurisdiction or other Governmental or Regulatory Authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect; nor shall there be any Law or Order enacted, entered, enforced or deemed applicable to the Acquisition or the other transactions contemplated by the terms of this Agreement that would (i) prohibit the consummation of the Acquisition or require the Purchaser to (i) hold separate the assets of the Company, Company or (ii) prohibit or restrict Purchaser from exercising not exercise full voting rights with respect to its shares of capital stock of the Company or (iii) which would permit consummation of the Acquisition only if certain divestitures were made or if the Purchaser were to agree to limitations on its or its Subsidiaries’ business activities or operations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Widepoint Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!