Common use of No Legal Restriction Clause in Contracts

No Legal Restriction. No provision of any Applicable Law or other legal restrictions (whether they are temporary, preliminary or permanent) shall have [initials] [initials] [initials] [initials] [initials] been issued, emanated, started, enacted or applied, nor shall be in full force and effect, which prohibits, restricts or prevents the Parties from consummating the transactions set forth in this Agreement.

No Legal Restriction. No provision of any Applicable Law or other legal restrictions (whether they are temporary, preliminary or permanent) shall have [initials] [initials] [initials] [initials] [initials] been issued, emanated, started, enacted or applied, nor shall be in full force and effect, which prohibits, restricts or prevents the Parties from consummating the transactions set forth in this Agreement.