Common use of No Litigation Threatened Clause in Contracts

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Purchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company or Purchaser as a result of which the Company deems it inadvisable to proceed with the transaction.

Appears in 5 contracts

Samples: Capital Stock Purchase Agreement (Venus Beauty Supply Inc), Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc), Warrant Purchase Agreement (Siricomm Inc)

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No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the PurchaserCompany, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company or Purchaser as a result of which the Company Purchaser deems it inadvisable to proceed with the transaction.

Appears in 5 contracts

Samples: Capital Stock Purchase Agreement (Venus Beauty Supply Inc), Warrant Purchase Agreement (Siricomm Inc), Capital Stock Purchase Agreement (Used Kar Parts Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Purchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Selling Shareholder or Purchaser as a result of which the Company Selling Shareholder deems it inadvisable to proceed with the transaction.

Appears in 4 contracts

Samples: Stock Purchase Agreement (R R Biotech Partners LLC), Stock Purchase Agreement (Turquoise Partners LLC), Capital Stock Purchase Agreement (Marketshare Recovery Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the PurchaserSeller, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Purchaser or Purchaser the Seller as a result of which the Company Purchaser deems it inadvisable to proceed with the transaction.

Appears in 3 contracts

Samples: Capital Stock Purchase Agreement (Bad Toys Inc), Capital Stock Purchase Agreement (Donar Enterprises Inc), Capital Stock Purchase Agreement (Deziel Robert E)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the PurchaserSellers, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Purchaser or Purchaser the Sellers as a result of which the Company Purchaser deems it inadvisable to proceed with the transaction.

Appears in 3 contracts

Samples: Capital Stock Purchase Agreement, Capital Stock Purchase Agreement (BAD TOYS Holdings, Inc.), Capital Stock Purchase Agreement (BAD TOYS Holdings, Inc.)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Purchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Seller or Purchaser as a result of which the Company Seller deems it inadvisable to proceed with the transaction.

Appears in 3 contracts

Samples: Capital Stock Purchase Agreement (Bad Toys Inc), Capital Stock Purchase Agreement (Deziel Robert E), Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the PurchaserSelling Shareholders, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Purchaser or Purchaser the Selling Shareholders as a result of which the Company Purchaser deems it inadvisable to proceed with the transaction.

Appears in 2 contracts

Samples: Capital Stock Purchase Agreement (Palomar Enterprises Inc), Capital Stock Purchase Agreement (Marketshare Recovery Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the PurchaserSelling Shareholder, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Purchaser or Purchaser the Selling Shareholder as a result of which the Company deems Purchaser deem it inadvisable to proceed with the transaction.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Turquoise Partners LLC), Stock Purchase Agreement (R R Biotech Partners LLC)

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No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Purchaser, shall have been or threatened before a court or other governmental government body or by any public authority authority, and no claim shall have been asserted or threatened to be asserted, to restrain or prohibit any of the transactions contemplated herein. No governmental agency or body hereby, and the Purchaser shall have taken any other action or made any request of delivered to the Company a certificate, dated the Closing Date, as to the Purchaser's lack of knowledge of any such action, proceeding or Purchaser as a result of which the Company deems it inadvisable to proceed with the transactionclaim.

Appears in 1 contract

Samples: Merger Agreement (Interactive Magic Inc /Md/)

No Litigation Threatened. No action or proceeding shall have been ------------------------- instituted or, to the knowledge of the PurchaserSeller, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Purchaser or Purchaser the Seller as a result of which the Company Purchaser deems it inadvisable to proceed with the transaction.

Appears in 1 contract

Samples: Securities Purchase Agreement (Taylor Madison Corp)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the PurchaserSeller or Xxxxxxxxx, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company Purchaser or Purchaser the Seller or Xxxxxxxxx as a result of which the Company Purchaser deems it inadvisable to proceed with the transaction.

Appears in 1 contract

Samples: Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Purchaser, shall have been or threatened before a court or other governmental government body or by any public authority authority, and no claim shall have been asserted or threatened to be asserted, to restrain or prohibit any of the transactions contemplated herein. No governmental agency or body hereby, and the Company and the Management Shareholders shall have taken delivered to the Purchaser a certificate, dated the Closing Date, as to the Company's and the Management Shareholders' lack of knowledge of any other action such action, proceeding or made any request of the Company or Purchaser as a result of which the Company deems it inadvisable to proceed with the transactionclaim.

Appears in 1 contract

Samples: Merger Agreement (Interactive Magic Inc /Md/)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge best of the Purchaser's knowledge, shall have been threatened before a any court or other governmental body department, agency, commission, board, bureau, or instrumentality, domestic or foreign, or by any public authority in connection with Purchaser's business or to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company or Purchaser as a result of which the Company deems it inadvisable to proceed with the transactiontransactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (4Licensing Corp)

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