Common use of No Legal Impediment to Issuance and Sale Clause in Contracts

No Legal Impediment to Issuance and Sale. No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority (including stock exchange authorities) that would, as of the Closing Date, prevent the issuance or sale of the Offered ADSs; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the Closing Date, prevent the issuance or sale of the Offered ADSs.

Appears in 1 contract

Samples: Underwriting Agreement (Molecular Partners Ag)

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No Legal Impediment to Issuance and Sale. No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority (including stock exchange authorities) that would, as of the First Closing Date and each Option Closing Date, prevent the issuance or sale of the Offered ADSsSecurities; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the First Closing Date and each Option Closing Date, prevent the issuance or sale of the Offered ADSsSecurities.

Appears in 1 contract

Samples: Underwriting Agreement (Wave Life Sciences Ltd.)

No Legal Impediment to Issuance and Sale. No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority (including stock exchange authorities) that would, as of the Closing Date or the applicable Option Closing Date, as the case may be, prevent the issuance or sale of the Offered Underwritten ADSs or the sale of the Option ADSs; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the Closing Date or the applicable Option Closing Date, as the case may be, prevent the issuance or sale of the Offered ADSs.

Appears in 1 contract

Samples: Underwriting Agreement (Via Optronics AG)

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No Legal Impediment to Issuance and Sale. No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority (including stock exchange authorities) that would, as of the Closing Date, prevent the issuance or sale of the Offered ADSsSecurities; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the Closing Date, Date prevent the issuance or sale of the Offered ADSsSecurities.

Appears in 1 contract

Samples: Underwriting Agreement (Annexon, Inc.)

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