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 reasonable judgment of the GAP Purchasers and Xxxxxxxx, (a) prohibit or restrict (i) the purchase of the Purchased Shares or (ii) the consummation of the transactions contemplated by this Agreement, (b) subject the GAP Purchasers and Xxxxxxxx to any material penalty or onerous condition under or pursuant to any Requirement of Law if the Purchased Shares were to be 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.

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 reasonable judgment of the GAP Purchasers and Xxxxxxxxpurchasing a majority of the Purchased Shares, (a) prohibit or restrict (i) the purchase of the Purchased Shares or (ii) the consummation of the other transactions contemplated by this Agreement, (b) subject any of the GAP Purchasers and Xxxxxxxx to any material penalty or onerous condition under or pursuant to any Requirement of Law if the Purchased Shares were to be 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 CompanyMaterial Adverse Effect.

No Material Judgment or Order. There shall not be on the First ----------------------------- Subsequent 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 GAP Purchasers and XxxxxxxxPurchaser, (a) prohibit or restrict (i) the purchase issuance and sale of the Subsequent Purchased Shares or (ii) the consummation of the transactions contemplated by this Agreement, (b) subject the GAP Purchasers and Xxxxxxxx Purchaser to any material penalty or onerous condition under or pursuant to any Requirement of Law if the Subsequent Purchased Shares were to be 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.

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 reasonable judgment of the GAP Purchasers and XxxxxxxxPurchasers, (a) prohibit or restrict (i) the purchase of the Purchased Shares or the Warrants or (ii) the consummation of the transactions contemplated by this Agreement, (b) subject the GAP Purchasers and Xxxxxxxx to any material penalty or onerous condition under or pursuant to any Requirement of Law if the Purchased Shares or the Warrants were to be purchased hereunder or (c) restrict the operation of the business of the Company or any of the Subsidiaries Subsidiary as conducted on the date hereof in a manner that would have a material adverse effect on the Condition of the Company.

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 such condition imposed under any Requirement of Law which would, in the reasonable judgment of the GAP Purchasers and Xxxxxxxxsuch Purchaser, (a) prohibit or restrict (i) the purchase of the Purchased Shares being purchased by such Purchaser or (ii) the consummation of the transactions contemplated by this Agreement, (b) subject the GAP Purchasers and Xxxxxxxx such Purchaser to any material penalty or onerous condition under or pursuant to any Requirement of Law if the Purchased Shares being purchased by such Purchaser were to be purchased hereunder 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.