Common use of No Obstructive Proceeding Clause in Contracts

No Obstructive Proceeding. No action or proceedings shall have been instituted against, and no order, decree or judgment of any court, agency, commission or governmental authority shall be subsisting against ProMedCo or ProMedCo-SW or the officers or directors of ProMedCo or ProMedCo-SW which seeks to, or would, render it unlawful as of the Closing to effect the transactions contemplated hereby in accordance with the terms hereof, and no such action shall seek damages in a material amount by reason of the transaction contemplated hereby. Also, no substantive legal objection to the transactions contemplated by this Agreement shall have been received from or threatened by any governmental department or agency.

Appears in 1 contract

Samples: Asset Purchase Agreement (Promedco Management Co)

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No Obstructive Proceeding. No action or proceedings shall have been instituted against, and no order, decree or judgment of any court, agency, commission or governmental authority shall be subsisting against ProMedCo or ProMedCo-SW Sarasota or the officers or directors of ProMedCo or ProMedCo-SW Sarasota which seeks to, or would, render it unlawful as of the Closing to effect the transactions contemplated hereby in accordance with the terms hereof, and no such action shall seek damages in a material amount by reason of the transaction contemplated hereby. Also, no substantive legal objection to the transactions contemplated by this Agreement shall have been received from or threatened by any governmental department or agency.

Appears in 1 contract

Samples: Stock Purchase Agreement (Promedco Management Co)

No Obstructive Proceeding. No action or proceedings shall have been instituted against, and no order, decree or judgment of any court, agency, commission or governmental authority shall be subsisting against ProMedCo or ProMedCo-SW Harrisburg or the officers or directors of ProMedCo or ProMedCo-SW Harrisburg which seeks to, or would, render it unlawful as of the Closing to effect the transactions contemplated hereby in accordance with the terms hereof, and no such action shall seek damages in a material amount by reason of the transaction contemplated hereby. Also, no substantive legal objection to the transactions contemplated by this Agreement shall have been received from or threatened by any governmental department or agency.

Appears in 1 contract

Samples: Asset Purchase Agreement (Promedco Management Co)

No Obstructive Proceeding. No action or proceedings shall have been instituted by a governmental agency, commission or authority against, and no order, decree or judgment of any court, agency, commission or governmental authority shall be subsisting against ProMedCo or against, ProMedCo-SW , MergerSub or the officers or directors of ProMedCo or ProMedCo-SW MergerSub which seeks to, or would, render it unlawful as of the Closing to effect the transactions contemplated hereby in accordance with the terms hereof, and no such action shall seek damages in a material amount by reason of the transaction contemplated hereby. Also, no substantive legal objection to the transactions contemplated by this Agreement shall have been received from or threatened by any governmental govern mental department or agency.

Appears in 1 contract

Samples: Merger Agreement (Promedco Management Co)

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No Obstructive Proceeding. No action or proceedings shall have been instituted against, and no order, decree or judgment of any court, agency, commission or governmental authority shall be subsisting against ProMedCo or ProMedCo-SW Temple or the officers or directors of ProMedCo or ProMedCo-SW Temple which seeks to, or would, render it unlawful as of the Closing to effect the transactions contemplated hereby in accordance with the terms hereof, and no such action shall seek damages in a material amount by reason of the transaction contemplated hereby. Also, no substantive legal objection to the transactions contemplated by this Agreement shall have been received from or threatened by any governmental department or agency.

Appears in 1 contract

Samples: Plan and Agreement for Reorganization (Professional Medical Management Co)

No Obstructive Proceeding. No action or proceedings shall have been instituted against, and no order, decree or judgment of any court, agency, commission or governmental authority shall be subsisting against ProMedCo or ProMedCo-SW Northern or the officers or directors of ProMedCo or ProMedCo-SW Northern which seeks to, or would, render it unlawful as of the Closing to effect the transactions contemplated hereby in accordance with the terms hereof, and no such action shall seek damages in a material amount by reason of the transaction contemplated hereby. Also, no substantive legal objection to the transactions contemplated by this Agreement shall have been received from or threatened by any governmental department or agency.

Appears in 1 contract

Samples: Merger Agreement (Promedco Management Co)

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