Common use of No Order; Illegality Clause in Contracts

No Order; Illegality. No court or other Governmental Authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) that is in effect and restrains, enjoins or otherwise prohibits consummation of any Transaction.

Appears in 3 contracts

Samples: Merger Agreement (Brookfield Property Partners L.P.), Merger Agreement (Brookfield Asset Management Inc.), Merger Agreement (GGP Inc.)

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No Order; Illegality. (i) No court or other Governmental Authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) that is in effect and restrains, enjoins or otherwise prohibits consummation of any Transaction and (ii) no Governmental Authority shall have instituted any Legal Proceeding (which remains pending) before any United States court or other Governmental Authority of competent jurisdiction seeking to restrain, enjoin or otherwise prohibit consummation of any Transaction.

Appears in 2 contracts

Samples: Merger Agreement (Rouse Properties, Inc.), Merger Agreement (Brookfield Asset Management Inc.)

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No Order; Illegality. No court or other Governmental Authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any Law statute, rule, regulation, executive order, decree, injunction or other order (whether temporary, preliminary or permanent) that which is in effect and restrains, enjoins which has the effect of making the transactions contemplated by this Agreement illegal or otherwise prohibits prohibiting the consummation of any Transactionthe transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Axovant Sciences Ltd.), Asset Purchase Agreement (Axovant Sciences Ltd.)

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