No Litigation or Legislation. No federal, state, local or foreign statute, rule or regulation shall have been enacted after the date hereof, and no litigation, proceeding, governmental inquiry or investigation shall be pending, which prohibits or seeks to prohibit or materially restricts the consummation of the transactions contemplated by this Agreement or the other agreements provided for herein.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Pharmaceutical Resources Inc), Stock Purchase Agreement (Merck Kgaa /Fi)
No Litigation or Legislation. No federalFederal, state, state or local or foreign statute, rule or regulation shall have been enacted after the date hereof, and no litigation, proceeding, governmental government inquiry or investigation shall be pending, which prohibits or seeks to prohibit or materially restricts the consummation of the transactions contemplated by this Agreement or the other agreements provided for referred to herein, or materially restricts or impairs the ability of the Investor to own an equity interest in the Company.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Planet Polymer Technologies Inc), Securities Purchase Agreement (Electronic Transmission Corp /De/)
No Litigation or Legislation. No federal, state, local or foreign statute, rule or regulation shall have been enacted after the date hereof, and no litigation, proceeding, governmental inquiry or investigation shall be pending, which prohibits or seeks to prohibit or materially restricts the consummation of the transactions contemplated by this Agreement or the other agreements provided for herein, or materially restricts or impairs the ability of the Purchaser to own an equity interest in the Company.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Pharmaceutical Resources Inc), Stock Purchase Agreement (Merck Kgaa /Fi)
