Common use of No Legal Proceeding Clause in Contracts

No Legal Proceeding. No court Action shall have been instituted or threatened to restrain or prohibit the acquisition by Buyer, or the conveyance by Seller, of the Acquired Assets; and

Appears in 2 contracts

Samples: Asset Purchase Agreement (Adsero Corp), Asset Purchase Agreement (Electro Energy Inc)

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No Legal Proceeding. No court Action shall have been instituted or threatened to restrain or prohibit the acquisition by Buyer, or the conveyance by any Seller, of the Acquired Assets; and;

Appears in 1 contract

Samples: Asset Purchase Agreement (Adsero Corp)

No Legal Proceeding. No court Action shall have been instituted or threatened before any court or Governmental Authority seeking to restrain or prohibit the acquisition by Buyer, or the conveyance by SellerParent and its Subsidiaries, of the Acquired Assets; and.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commerce Energy Group Inc)

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No Legal Proceeding. No court Action shall have been instituted or threatened to restrain or prohibit the acquisition by Buyer, or the conveyance by Seller, of the Acquired Assets; and;

Appears in 1 contract

Samples: Asset Purchase Agreement (Electro Energy Inc)

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