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, in the reasonable judgment of the Company, would prohibit the sale or issuance of the Shares hereunder or subject the Company to any material penalty if the Shares were to be issued and sold hereunder.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Neomagic Corp), Stock Purchase Agreement (Neomagic Corp)
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, in the reasonable judgment of the Companyany Investor or its counsel, would prohibit the sale or issuance of the Shares Securities hereunder or subject the Company to any material penalty if the Shares Securities were to be issued and sold hereunder.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ixl Enterprises Inc), Securities Purchase Agreement (Ixl Enterprises Inc)
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 Governmental Authority or any condition imposed under any Requirements of the Federal, state or local government thatLaw which, in the reasonable judgment of the Company, Company would (i) prohibit the sale or issuance of the Shares hereunder Securities or the consummation of the other transactions contemplated hereunder, (ii) subject the Company to any material penalty if the Shares Securities were to be issued and sold hereunder, or (iii) question the validity or legality of the transactions contemplated hereby.
Appears in 1 contract
Samples: Securities Purchase Agreement (Thayer Blum Funding LLC)
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, in the reasonable judgment of the Companyany Purchaser or its counsel, would prohibit the sale or issuance of the Shares Securities hereunder or the issuance or purchase of the LLC Interests or subject any of the Company Companies to any material penalty if the Shares Securities were to be issued and sold hereunderhereunder or the LLC Interests were to be issued or purchased as contemplated hereby.
Appears in 1 contract
Samples: Securities Purchase Agreement (American Residential Investment Trust Inc)
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, governmental authority or any condition imposed under any federal or state or local government thatlaw which, in the reasonable judgment of the Company, Company and Holdings would (i) prohibit the sale or issuance of the Shares hereunder Securities or the consummation of the other transactions contemplated hereunder, (ii) subject the Company or Holdings to any material penalty if the Shares Securities were to be issued and sold hereunder, or (iii) question the validity or legality of the transactions contemplated hereby.
Appears in 1 contract
Samples: Unsecured Senior Note and Warrant Purchase Agreement (Sleepmaster LLC)
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 Governmental Body that, in the reasonable judgment of the Companyany Investor or its counsel, would prohibit the sale or issuance of the Shares Securities hereunder or subject the Company or any Investor to any material penalty or liability if the Shares Securities were to be issued and sold hereunderhereunder or the other Transactions are consummated.
Appears in 1 contract
Samples: Securities Purchase Agreement (Ixl Enterprises Inc)