Common use of No Legal Impediments to Closing Clause in Contracts

No Legal Impediments to Closing. There will not be in effect any Order preventing the consummation of the Transactions or any Action pending brought by a Governmental Authority seeking to prevent or enjoin the consummation of the Transactions. There will not be any Legal Requirement prohibiting Seller from selling or Purchaser from owning, operating or controlling the Business or that makes this Agreement or the consummation of the Transactions illegal; and

Appears in 2 contracts

Samples: Asset Purchase Agreement (Laboratory Corp of America Holdings), Asset Purchase Agreement (Genzyme Corp)

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No Legal Impediments to Closing. There will shall not be in effect any Order preventing the consummation of the Transactions or issued by any Action pending brought by a Governmental Authority seeking to prevent or enjoin preventing the consummation of the Transactions. There will shall not be any Legal Requirement restraining, enjoining or prohibiting Seller from selling the Product Lines or Purchaser from owning, operating or controlling the Business Purchased Assets or that makes has the effect of making this Agreement or the consummation of the Transactions illegal; and.

Appears in 1 contract

Samples: Asset Purchase Agreement (Merit Medical Systems Inc)

No Legal Impediments to Closing. There will shall not be in effect any Order issued by any Governmental Authority preventing the consummation of the Transactions or Transaction, seeking any Action pending brought by Damages as a Governmental Authority seeking to prevent or enjoin the consummation result of the TransactionsTransaction, or otherwise affecting the right or ability of Purchaser to own, operate or control the Business, nor shall any Proceeding be pending that seeks any of the foregoing. There will shall not be any Legal Requirement prohibiting Seller from selling or Purchaser from owning, operating or controlling the Business or that makes this Agreement or the consummation of the Transactions Transaction illegal; and.

Appears in 1 contract

Samples: Share Purchase Agreement (Myecheck, Inc.)

No Legal Impediments to Closing. There will shall not be in effect any Order issued by any Governmental Authority preventing the consummation of the Transactions or Transaction, seeking any Action pending brought by Damages as a Governmental Authority seeking to prevent or enjoin the consummation result of the TransactionsTransaction, or otherwise affecting the right or ability of Purchaser to own, operate or control the Business, nor shall any Proceeding be pending that seeks any of the foregoing. There will shall not be any Legal Requirement prohibiting Seller Sellers from selling or Purchaser from owning, operating or controlling the Business or that makes this Agreement or the consummation of the Transactions Transaction illegal; and.

Appears in 1 contract

Samples: Securities Purchase Agreement (Clean Energy Fuels Corp.)

No Legal Impediments to Closing. There will not be in effect any Order preventing the consummation of the Transactions or any Action pending brought by a Governmental Authority seeking to prevent or enjoin the consummation of the Transactions. There will not be any domestic Legal Requirement prohibiting Seller from selling or Purchaser from owning, operating or controlling the Business or that makes this Agreement or the consummation of the Transactions illegal; and.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aastrom Biosciences Inc)

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No Legal Impediments to Closing. There will shall not be in effect any Order issued by any Governmental Authority preventing the consummation of the Transactions or Transactions, seeking any Action pending brought by damages as a Governmental Authority seeking to prevent or enjoin the consummation result of the Transactions, or otherwise affecting the right or ability of Purchaser to own, operate or control the Business or the Purchased Assets. There will shall not be any Legal Requirement prohibiting Seller from selling or Purchaser from owning, operating or controlling the Business or the Purchased Assets or that makes this Agreement or the consummation of the Transactions illegal; and

Appears in 1 contract

Samples: Asset Purchase Agreement (STERIS PLC)

No Legal Impediments to Closing. There will not No Order shall be in effect effect, or be pending by any Order preventing the consummation of the Transactions Governmental Authority, which prohibits, renders illegal, or any Action pending brought by a Governmental Authority seeking to prevent or enjoin enjoins, the consummation of the Transactions. There will shall not be any Legal Requirement pending or in effect, prohibiting Seller from selling or Purchaser from owning, operating or controlling the Business or the Purchased Assets or that makes this Agreement or the consummation of the Transactions illegal; and.

Appears in 1 contract

Samples: Asset Purchase Agreement (Verastem, Inc.)

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