Common use of No Order; Illegality Clause in Contracts

No Order; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint or prohibition shall be in effect which (i) prevents the consummation of the Purchase, (ii) prohibits Acquirer’s ownership or operation of any portion of the Business or (iii) compels Acquirer or the Company to dispose of or hold separate all or any material portion of the business or assets of Acquirer, the Company or any of their respective Subsidiaries or Affiliates as a result of the Purchase. No any action shall have been taken by any Governmental Entity seeking any of the foregoing restraints or limitations referred to in clauses (i) through (iii) above, and no statute, rule, regulation or order shall have been enacted, entered, enforced or deemed applicable to the Purchase, which would result in any of the foregoing restraints or limitations referred to in clauses (i) through (iii) above.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (ShoreTel Inc), Membership Interest Purchase Agreement (Novation Companies, Inc.)

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No Order; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint or prohibition shall be in effect which (i) prevents the consummation of the Purchase, Mergers (ii) prohibits Acquirer’s ownership or operation of any portion of the Business business of the Company or any of its Subsidiaries, (iii) compels Acquirer or the Company to dispose of or hold separate all or any material portion of the business or assets of Acquirer, the Company or any of their respective Subsidiaries or Affiliates as a result of the PurchaseMergers or (iv) imposes any other Antitrust Restraint. No any action shall have been taken or threatened by any Governmental Entity seeking any of the foregoing restraints or limitations referred to in clauses (i) through (iiiiv) above, and no statute, rule, regulation or order shall have been enacted, entered, enforced or deemed applicable to the PurchaseMergers, which would result in any of the foregoing restraints or limitations referred to in clauses (i) through (iiiiv) above.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (ShoreTel Inc)

No Order; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint or prohibition shall be in effect which (i) prevents the consummation of the Purchase, Merger (ii) prohibits Acquirer’s ownership or operation of any portion of the Business business of the Company or any of its Subsidiaries, (iii) compels Acquirer or the Company to dispose of or hold separate all or any material portion of the business or assets of Acquirer, the Company or any of their respective Subsidiaries or Affiliates as a result of the PurchaseMerger or (iv) imposes any other Antitrust Restraint. No any action shall have been taken by any Governmental Entity seeking any of the foregoing restraints or limitations referred to in clauses (i) through (iiiiv) above, and no statute, rule, regulation or order shall have been enacted, entered, enforced or deemed applicable to the PurchaseMerger, which would result in any of the foregoing restraints or limitations referred to in clauses (i) through (iiiiv) above.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SuccessFactors, Inc.)

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No Order; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint or prohibition shall be in effect which (i) prevents the consummation of the PurchaseMergers, (ii) prohibits Acquirer’s ownership or operation of any portion of the Business business of the Company or any of its Subsidiaries, (iii) compels Acquirer or the Company to dispose of or hold separate all or any material portion of the business or assets of Acquirer, the Company or any of their respective Subsidiaries or Affiliates as a result of the PurchaseMergers or (iv) imposes any other Antitrust Restraint. No any action shall have been taken or threatened by any Governmental Entity seeking any of the foregoing restraints or limitations referred to in clauses (i) through (iiiiv) above, and no statute, rule, regulation or order shall have been enacted, entered, enforced or deemed applicable to the PurchaseMergers, which would result in any of the foregoing restraints or limitations referred to in clauses (i) through (iiiiv) above.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Synaptics Inc)

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