Common use of No Material Judgment or Order Clause in Contracts

No Material Judgment or Order. There shall not be on the First ----------------------------- Closing Date any Order of a court of competent jurisdiction or any ruling of any Governmental Authority or any condition imposed under any Requirement of Law which would, in the judgment of the Company, (a) prohibit or restrict (i) the sale of the Purchased Shares or (ii) the consummation of the transactions contemplated by this Agreement, (b) subject the Company to any penalty or onerous condition under or pursuant to any Requirement of Law if the Purchased Shares were to be sold hereunder or (c) restrict the operation of the business of the Company or any of the Subsidiaries as conducted on the date hereof in a manner that would have a material adverse effect on the Condition of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Prime Response Inc/De), Stock Purchase Agreement (Prime Response Group Inc/De)

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No Material Judgment or Order. There shall not be on the First ----------------------------- Closing Date any Order of a court of competent jurisdiction or any ruling of any Governmental Authority or any condition imposed under any Requirement of Law which would, in the judgment of the Company, would (a) prohibit or restrict (i) the sale purchase of the Purchased Shares Notes or (ii) the consummation of the transactions contemplated by this AgreementAgreement and the other Transaction Documents, (b) subject the Company Purchasers to any material penalty or onerous condition under or pursuant to any Requirement of Law if the Purchased Shares Notes were to be sold purchased hereunder or (c) restrict the operation of the business of the Company or any of the Subsidiaries as conducted on the date hereof in a manner that would have a material adverse effect on the Condition of the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Metromedia Fiber Network Inc)

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No Material Judgment or Order. There shall not be on the First ----------------------------- Closing Date or on the Second Closing Date any Order of a court of competent jurisdiction or any ruling of any Governmental Authority or any condition imposed under any Requirement of Law which would, in the reasonable judgment of the CompanyPurchasers, (a) prohibit or restrict (i) the sale purchase of the Purchased Shares or (ii) the consummation of the transactions contemplated by this Agreement, (b) subject the Company Purchasers to any material penalty or other onerous condition under or pursuant to any Requirement of Law if the Purchased Shares were to be sold purchased hereunder or (c) restrict the operation of the business of the Company or any of the Subsidiaries as conducted on the date hereof in a manner that would have a material adverse effect on the Condition of the Company.

Appears in 1 contract

Samples: Investment Agreement (Soros Fund Management LLC)

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