Common use of No Legal Action Clause in Contracts

No Legal Action. Stockholder shall not, and shall direct its Representatives not to, bring, commence, institute, maintain, voluntarily aid or prosecute any claim, appeal or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, or (b) alleges that the execution and delivery of this Agreement by Stockholder breaches any duty that such Stockholder has (or may be alleged to have) to the Company or to the other holders of Common Stock.

Appears in 4 contracts

Samples: Voting and Support Agreement (Vector Capital V, L.P.), Voting and Support Agreement (Cornerstone OnDemand Inc), Form of Voting and Support Agreement (Cornerstone OnDemand Inc)

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No Legal Action. Stockholder shall not, and shall direct its Representatives not to, bring, commence, institute, maintain, voluntarily aid or prosecute any claim, appeal or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, or (b) alleges that the execution and delivery of this Agreement by Stockholder (or its performance hereunder) breaches any fiduciary duty of the Company Board (or any member thereof) or any duty that such Stockholder has (or may be alleged to have) to the Company or to the other holders of Common Stock.

Appears in 3 contracts

Samples: Voting and Support Agreement (Tidewater Inc), Voting and Support Agreement (Tidewater Inc), Voting and Support Agreement (Captain Q, LLC)

No Legal Action. Stockholder shall not, and shall direct use it reasonable best efforts to cause its Representatives not to, bring, commence, institute, maintain, prosecute or voluntarily or knowingly aid or prosecute any claim, appeal appeal, or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, or (b) alleges that the execution and delivery of this Agreement by the Stockholder breaches any fiduciary duty of the Company Board (or any member thereof) or any duty that such the Stockholder has (or may be alleged to have) to the Company or to the other holders of the Company Common Stock.

Appears in 3 contracts

Samples: Voting Agreement (Enerflex Ltd.), Voting Agreement (Enerflex Ltd.), Voting Agreement (Chai Trust Co LLC)

No Legal Action. The Stockholder shall not, and shall direct cause its Representatives not to, bring, commence, institute, maintain, prosecute or voluntarily aid or prosecute any claim, appeal appeal, or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, Agreement or (b) alleges that the execution and delivery of this Agreement by the Stockholder (or its performance hereunder) breaches any fiduciary duty of the Company Board (or any member thereof) or any duty that such the Stockholder has (or may be alleged to have) to the Company or to the other holders of the Common Stock.

Appears in 2 contracts

Samples: Voting and Support Agreement (Waste Management Inc), Voting and Support Agreement (Waste Management Inc)

No Legal Action. Subject to Section 5.19, Stockholder shall not, and shall direct its Representatives representatives not to, bring, commence, institute, maintain, voluntarily aid maintain or prosecute any claim, appeal or proceeding Action which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, or (b) alleges that the execution and delivery of this Agreement by Stockholder breaches any duty that such Stockholder has (or may be alleged to have) to the Company or to the other holders of Common Stock.

Appears in 2 contracts

Samples: Stockholder Support Agreement (Manning & Napier, Inc.), Stockholder Support Agreement (Mayer Marc O)

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No Legal Action. Stockholder shall not, and shall direct its Representatives not to, bring, commence, institute, maintain, voluntarily aid or prosecute any claim, appeal or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, or (b) alleges that the execution and delivery of this Agreement by Stockholder breaches any duty that such Stockholder has (or may be alleged to have) to the Company or to the other holders of Common Stock.. 5.4

Appears in 1 contract

Samples: Execution Version Voting and Support Agreement (Altisource Portfolio Solutions S.A.)

No Legal Action. Stockholder shall not, and shall direct its Representatives not to, bring, commence, institute, maintain, prosecute or voluntarily aid or prosecute any claim, appeal appeal, or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, Agreement or (b) alleges that the execution and delivery of this Agreement by Stockholder (or Stockholder’s performance hereunder) breaches any fiduciary duty of the Seller Board (or any member thereof) or any duty that such Stockholder has (or may be alleged to have) to the Company Seller or to the other holders of Common StockSeller Stockholders.

Appears in 1 contract

Samples: Voting and Support Agreement (Ravich Jess M)

No Legal Action. The Stockholder shall not, and shall direct its Representatives not to, bring, commence, institute, maintain, voluntarily aid or prosecute any claim, appeal appeal, or proceeding which (a) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement, Agreement or (b) alleges that the execution and delivery of this Agreement by the Stockholder (or the Stockholder’s performance hereunder) breaches any fiduciary duty of the Company’s board of directors (or any member thereof) or any duty that such the Stockholder has (or may be alleged to have) to the Company or to the other holders of the Common Stock.

Appears in 1 contract

Samples: Voting and Support Agreement (Moneygram International Inc)

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