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 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 (a) prohibit or restrict (i) the issuance and sale of the Notes or (ii) the consummation of the transactions contemplated by this Agreement or any other Transaction Document, or (b) materially restrict the operation of the business of any of the Group Companies as conducted on the date hereof.

Appears in 2 contracts

Samples: Note Purchase Agreement (iQIYI, Inc.), Note Purchase Agreement (Baidu, Inc.)

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No Material Judgment or Order. There shall not be in effect on the Closing Date any Order of a court of competent jurisdiction or any ruling of any court or other Governmental Authority or any condition imposed under any Requirement of Law which would (a) prohibits or restricts or purports to prohibit or restrict (i) the issuance and sale purchase of the Notes Transferred Assets or (ii) the consummation of the any transactions contemplated by this Agreement or any other Transaction Document, or (b) materially restrict restricts the operation performance by Purchaser of the business of any of the Group Companies as conducted on the date hereofits obligations under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hornbeck Offshore Services Inc /La)

No Material Judgment or Order. There shall not be on the Closing Date any Order judgment or 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 (a) prohibit or restrict (i) which, in the issuance and sale judgment of the Notes Lenders, would prohibit the execution and delivery of this Agreement or (ii) the consummation of the transactions contemplated by this Agreement or any other Transaction Document, or (b) materially restrict the operation of the business of any of the Group Companies as conducted on the date hereofTransactions.

Appears in 1 contract

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

No Material Judgment or Order. There shall not be on the 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 that, in the reasonable judgment of the Company, would (a) prohibit or restrict (i) the issuance and sale of the Notes or (ii) subject the consummation Company to any penalty or other onerous condition under or pursuant to any Requirement of Law if the transactions contemplated by this Agreement or any other Transaction Document, or (b) materially restrict the operation of the business of any of the Group Companies as conducted on the date hereofNotes were to be purchased hereunder.

Appears in 1 contract

Samples: Convertible Promissory Note Purchase Agreement (Transgenomic Inc)

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No Material Judgment or Order. There shall not be on the 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 that, in the reasonable judgment of the Company, would (a) prohibit or restrict (i) the issuance and sale of the Notes Note or (ii) subject the consummation Company to any penalty or other onerous condition under or pursuant to any Requirement of Law if the transactions contemplated by this Agreement or any other Transaction Document, or (b) materially restrict the operation of the business of any of the Group Companies as conducted on the date hereofNote were to be purchased hereunder.

Appears in 1 contract

Samples: Note Purchase Agreement (Oragenics Inc)

No Material Judgment or Order. There shall not be in effect on the Closing Date any Order of a court of competent jurisdiction or any ruling of any court or other Governmental Authority or any condition imposed under any Requirement of Law which would (a) prohibits or restricts or purports to prohibit or restrict (i) the issuance and sale purchase of the Notes Transferred Assets or (ii) the consummation of the any transactions contemplated by this Agreement or any other Transaction Document, or (b) materially restrict restricts the operation performance by Seller of the business of any of the Group Companies as conducted on the date hereofits obligations under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hornbeck Offshore Services Inc /La)

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