Common use of No Legal Proceeding Affecting Closing Clause in Contracts

No Legal Proceeding Affecting Closing. There shall not have been instituted and there shall not be pending or threatened any Legal Proceeding, and no Order shall have been entered (i) imposing or seeking to impose limitations on the ability of the Sellers to consummate the Merger; (ii) imposing or seeking to impose other sanctions, damages or liabilities arising out of the transactions contemplated by this Agreement on the Company or any of its Subsidiaries or any of their respective directors, officers or employees or on any of the Sellers; or (iii) restraining, enjoining or prohibiting or seeking to restrain, enjoin or prohibit the consummation of transactions contemplated by this Agreement.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc)

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No Legal Proceeding Affecting Closing. There shall not have been instituted and there shall not be pending or threatened any Legal Proceeding, and no Order shall have been entered (i) imposing or seeking to impose limitations on the ability of the Sellers Seller to consummate the Merger; (ii) imposing or seeking to impose other sanctions, damages or liabilities arising out of the transactions contemplated by this Agreement on the Company or any of its Subsidiaries or any of their respective directors, officers or employees or on any of the SellersSeller; or (iii) restraining, enjoining or prohibiting or seeking to restrain, enjoin or prohibit the consummation of transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc)

No Legal Proceeding Affecting Closing. There shall not have been instituted and there shall not be pending or threatened any Legal Proceeding, and no Order shall have been entered (i) imposing or seeking to impose limitations on the ability of the Sellers Seller to consummate sell any of the MergerPurchased Assets; (ii) imposing or seeking to impose other sanctions, damages or liabilities arising out of the transactions contemplated by this Agreement on the Company Seller or any of its Subsidiaries or any of their respective directors, officers or employees or on any of the SellersShareholder; or (iiiiv) restraining, enjoining or prohibiting or seeking to restrain, enjoin or prohibit the consummation of transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc)

No Legal Proceeding Affecting Closing. There shall not have been instituted and there shall not be pending or threatened any Legal Proceeding, and no Order shall have been entered (i) imposing or seeking to impose limitations on the ability of the Sellers Seller to consummate sell any of the MergerShares; (ii) imposing or seeking to impose other sanctions, damages or liabilities arising out of the transactions contemplated by this Agreement on the Company or any of its Subsidiaries or any of their respective directors, officers or employees or on any of the SellersSeller; or (iii) restraining, enjoining or prohibiting or seeking to restrain, enjoin or prohibit the consummation of transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Imagemax Inc), Stock Purchase Agreement (Imagemax Inc)

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No Legal Proceeding Affecting Closing. There shall not have been instituted and there shall not be pending or threatened any Legal Proceeding, and no Order shall have been entered (i) imposing or seeking to impose limitations on the ability of the Sellers Seller to consummate sell any of the MergerPurchased Assets; (ii) imposing or seeking to impose other sanctions, damages or liabilities arising out of the transactions contemplated by this Agreement on the Company Seller or any of its Subsidiaries or any of their respective directors, officers or employees or on any of the SellersShareholders; or (iiiiv) restraining, enjoining or prohibiting or seeking to restrain, enjoin or prohibit the consummation of transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imagemax Inc)

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