Common use of No Litigation Threatened Clause in Contracts

No Litigation Threatened. No action or proceeding shall have been instituted or, to the best knowledge, information and belief of the Company or the Management Stockholders, shall have been threatened before a court or other government body or by any public authority to restrain or prohibit any of the transactions contemplated hereby. The President of the Company and the Management Stockholders shall have delivered to the Purchaser a certificate, dated the Closing Date, to such effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Oragenics Inc)

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No Litigation Threatened. No action or proceeding proceedings shall have been instituted or, to the best knowledge, information and belief knowledge of each of the Company or the Management StockholdersTransaction Parties, shall have been threatened before a court or other government body or by any public authority to restrain or prohibit any of the transactions contemplated hereby. The President of by the Documents, and the Company and the Management Stockholders shall have delivered to the Purchaser a certificate, certificate of an executive officer of the Company dated the such Closing Date, to such effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Banque Paribas)

No Litigation Threatened. No action or proceeding proceedings shall have been instituted or, to the best knowledge, information and belief of the Company or Shareholder and the Management StockholdersCompany, shall have been threatened before a court or other government body or by any public authority to restrain or prohibit any of the transactions contemplated hereby. The President of , and the Shareholder and the Company and the Management Stockholders shall have delivered to the Purchaser Halter a certificate, dated the Closing Date, to such effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Karts International Inc)

No Litigation Threatened. No action or proceeding proceedings shall have been instituted or, to the best knowledge, information and belief of the Company or the Management StockholdersStockholder, shall have been threatened before a court or other government body or by any public authority to restrain or prohibit any of the transactions contemplated hereby. The President of the Company , and the Management Stockholders Stockholder shall have delivered to the Purchaser a certificate, dated the Closing Date, to such effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Indenet Inc)

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No Litigation Threatened. No action or proceeding shall have been instituted or, to the best knowledge, information and belief of the Company or Seller and the Management StockholdersStockholder, shall have been threatened before a court or other government body or by any public authority to restrain or prohibit any of the transactions contemplated herebyhereby or which would have a material adverse effect on the Seller. The President of the Company Seller and the Management Stockholders President of the Stockholder shall have delivered to the Purchaser a certificate, dated the Closing Date, to such effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Acorn Venture Capital Corp)

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