Common use of No Material Judgment or Order Clause in Contracts

No Material Judgment or Order. There shall not be on the Closing ----------------------------- Date any judgment or order of a court of competent jurisdiction or any ruling of any agency of the Federal, state or local government that would prohibit the sale or issuance of the Original Discount Notes hereunder or subject Intermediate Holdings or the Purchaser to any material penalty if the Original Discount Notes were to be issued and sold hereunder.

No Material Judgment or Order. There shall not be on the ----------------------------- Closing ----------------------------- Date any judgment or order of a court of competent jurisdiction or any ruling of any agency of the Federal, state or local government that would prohibit the sale or issuance of the Original Discount Notes hereunder or subject the Purchaser or Intermediate Holdings or the Purchaser to any material penalty if the Original Discount Notes were to be issued and sold hereunder.