No Injunctive Proceedings Sample Clauses
The "No Injunctive Proceedings" clause prohibits either party from seeking court orders that would immediately stop or compel certain actions, such as injunctions or restraining orders, in the event of a dispute. Instead, parties are typically required to resolve disagreements through alternative means like negotiation or arbitration, rather than resorting to urgent judicial intervention. This clause is designed to prevent disruptions to ongoing business operations and to ensure that disputes are handled in a manner that minimizes interruption and maintains the status quo until a resolution is reached.
No Injunctive Proceedings. No preliminary or permanent ------------------------- injunction or other order (including a temporary restraining order) of any state or federal court or other governmental agency which prevents the consummation of the transactions which are the subject of this Agreement shall have been issued and remain in effect.
No Injunctive Proceedings. No preliminary or permanent injunction or other order (including a temporary restraining order) of any court or other governmental agency which prevents the consummation of the transactions which are the subject of this Agreement or prohibits Purchaser's ownership of the Purchased Assets shall have been issued and remain in effect.
No Injunctive Proceedings. No action, suit, or proceeding shall be pending or reasonably likely to be instituted before any Governmental Authority wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (i) prevent consummation of any of the transactions contemplated by this Agreement, (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation, (iii) affect adversely the right of the Purchaser to consummate the transactions contemplated by this Agreement, or (iv) affect adversely the right of any of the Company or its Subsidiaries to own its assets and to operate its businesses (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect).
No Injunctive Proceedings. No preliminary or permanent ------------------------- injunction or other order (including a temporary restraining order) of any state for federal court or other governmental agency which prevents the consummation of the transactions which are the subject of this Agreement shall have been issued and remain in effect (provided that HDA has acted in accordance with the -------- requirements of Section 5.1 hereof).
No Injunctive Proceedings. No action, suit, or proceeding shall be pending or reasonably likely to be instituted before any Governmental Authority wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (i) prevent consummation of any of the transactions contemplated by this Agreement, (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation, or (iii) affect adversely the right of the Company or the Shareholders to consummate the transactions contemplated by this Agreement.
No Injunctive Proceedings. No preliminary or permanent injunction or other order (including a temporary restraining order) of any state or federal court or other governmental agency that prevents the consummation of the transactions that are the subject of this Agreement shall have been issued and remain in effect (provided that Truck City has acted in accordance with the requirements of Section 5.1 hereof).
No Injunctive Proceedings. No injunction or other order of any Governmental Entity or other legal restraint or prohibition which prevents the consummation of the transactions contemplated hereby shall have been issued and remain in effect, nor shall any proceedings brought by or before any Governmental Entity seeking damages in connection with such transactions.
No Injunctive Proceedings. No injunction (preliminary or permanent) or other order (including a temporary restraining order) of any state or federal court or other legal restraint or prohibition which prevents the consummation of the Exchange, Stock Transfer or the Merger shall have been issued and remain in effect, nor shall any proceedings brought by any administrative agency or commission or other governmental authority or instrumentality seeking any of the foregoing be pending; and there shall not be any action taken, or any statute, rule or regulation or order enacted, entered, enforced or deemed applicable to the Exchange, Stock Transfer or the Mergrer which makes the consummation of the Exchange, Stock Transfer or the Merger illegal.
No Injunctive Proceedings. No preliminary or permanent injunction or other order (including a temporary restraining order) of any state or federal court or other
No Injunctive Proceedings. No preliminary or permanent ------------------------- injunction or other order (including a temporary restraining order) of any state for federal court or other governmental agency which prevents the consummation of the transactions which are the subject of this Agreement shall have been issued and remain in effect (provided that BABF has acted in accordance with the -------- requirements of Section 5.1 hereof).