No Order or Proceedings. There is no order, ruling or direction of any Canadian Securities Regulator which would deny the benefit of an exemption otherwise provided for under applicable Canadian Securities Laws with respect to the distribution of the Securities or the Exchange Securities, and no proceedings which would reasonably be expected to result in any such order or ruling have been instituted or are pending or, to the knowledge of the Issuers, threatened.
No Order or Proceedings. No Regulatory Authority shall have enacted, issued, promulgated, enforced, entered, proposed or introduced any Legal Requirement or Governmental Order, and there shall have not commenced any legal proceeding or any threatened proceeding, that has, or would have, the effect of making the transactions contemplated by this Agreement illegal or otherwise restraining or prohibiting the consummation of such transactions.
No Order or Proceedings. No order, decree or judgment of any Governmental Authority shall have been issued based on or arising out of the conduct, action, inaction, qualifications or status of Buyer or any of its Affiliates, which would materially and adversely affect the Closing Sites or render it unlawful as of any Closing Date to effect the transactions contemplated by this Agreement in accordance with its terms.
No Order or Proceedings. No Governmental Entity shall have enacted, issued, promulgated, enforced or entered any statute, rule, regulation, executive order, decree, injunction or other order (whether temporary, preliminary or permanent) which is in effect and which has the effect of making the transactions contemplated hereby illegal or otherwise prohibiting the consummation of the transactions contemplated hereby and there shall not have been commenced any litigation (other than by Buyer or Seller or an affiliate of either of them) involving any challenge to, or seeking damages or other relief in connection with, the transactions contemplated hereby or under any of the Collateral Agreements or that may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the transactions contemplated hereby or under any of the Collateral Agreements.
No Order or Proceedings. No injunction or restraining order of any Governmental Authority of competent jurisdiction shall be in effect which prohibits the transactions contemplated by this Agreement in respect of the Peñasquito Royalty and no action or proceeding shall have been instituted and remain pending before any such court or other Governmental Authority to restrain or prohibit any of the transactions contemplated hereby in respect of the Peñasquito Royalty.
No Order or Proceedings. Provided that Buyer has fulfilled its obligations under Section 5.2(a) and 5.3, there shall be no statute, regulation, injunction, restraining order or decree or other Governmental Order of any Governmental Authority of competent jurisdiction in effect that prohibits the consummation of the transactions contemplated by this Agreement and no suit, action or proceeding shall be pending by or with any Governmental Authority which seeks to have declared illegal or otherwise prevent the consummation of this transaction or seeks damages with respect thereto; provided, however, that, as contemplated by Section 5.2(a), in the event of any such statute, regulation, injunction, restraining order or other Governmental Order, or pending proceedings, Buyer shall use reasonable best efforts to cause such statute, regulation, injunction, restraining order or other Governmental Order to be repealed, rescinded or otherwise removed or any pending proceedings to be favorably resolved.
No Order or Proceedings. 15 7.5 CONSENTS........................................................15 7.6
No Order or Proceedings. No Order shall have been enacted, entered or promulgated (and remain in effect) or have been enforced by any Governmental Entity which prohibits or restricts the consummation of the transactions contemplated hereby. No action or proceeding by any Governmental Entity shall have been commenced (and remain pending) against Buyer, Seller, the Subsidiaries or any of their respective Affiliated Companies seeking to prevent, delay or materially change the transactions contemplated hereby or challenging any of the terms or provisions of this Agreement or seeking material damages in connection therewith.
No Order or Proceedings. No injunction or restraining order of any Governmental Authority of competent jurisdiction shall be in effect which prohibits the transactions contemplated by this Agreement in respect of the Royalties, the Option, or both, and no action or proceeding shall have been instituted and remain pending before any such court or other Governmental Authority to restrain or prohibit any of the transactions contemplated hereby in respect of the Royalties, the Montana Royalties, or both.
