No Orders; Legal Proceedings. No Law or Order shall have been enacted, entered, issued or enforced by any Governmental Entity, nor shall any Action have been instituted and remain pending at what would otherwise be the Closing Date, which prohibits or restricts or would (if successful) prohibit or materially restrict the transactions contemplated by this Agreement. No Governmental Entity shall have notified any Party that consummation of the transactions contemplated by this Agreement would constitute a violation of any Laws of any jurisdiction or that it intends to commence proceedings to restrain or prohibit such transactions or force divestiture or rescission, unless such Governmental Entity shall have withdrawn such notice and abandoned any such proceedings prior to the time which otherwise would have been the Closing Date.
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Samples: Securities Purchase Agreement (Hovnanian Enterprises Inc), Asset Purchase Agreement (Hovnanian Enterprises Inc)
No Orders; Legal Proceedings. No Law or Order shall have been enacted, entered, issued issued, promulgated or enforced by any Governmental Entity, nor shall any Action have been instituted and remain pending by any Governmental Entity at what would otherwise be the Closing Date, which that prohibits or restricts or would (if successful) prohibit or materially restrict the transactions contemplated by this Agreement. No Governmental Entity shall have notified any Party party to this Agreement that consummation of the transactions contemplated by this Agreement would constitute a violation of any Laws of any jurisdiction or that it intends to commence proceedings to restrain or prohibit such transactions or force divestiture or rescission, unless such Governmental Entity shall have withdrawn such notice and abandoned any such proceedings prior to the time which otherwise would have been the Closing Datetimely Closing.
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No Orders; Legal Proceedings. No Law or Order shall have been enacted, entered, issued issued, promulgated or enforced by any Governmental Entity, nor shall any Action have been instituted and remain pending at what would otherwise be the Closing Datepending, which and remain so by any Governmental Entity that prohibits or restricts or would (if successful) prohibit or materially restrict the transactions contemplated by this AgreementAgreement or that prohibits or would (if successful) prohibit the operation of the Residential Business following the Closing Date. No Governmental Entity shall have notified any Party party to this Agreement that consummation of the transactions contemplated by this Agreement would constitute a violation of any Laws of any jurisdiction or and/or that it intends to commence proceedings to restrain or prohibit such transactions or force divestiture or rescission, unless such Governmental Entity shall have withdrawn such notice and abandoned any such proceedings prior to the time which otherwise would have been the Closing Date.
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No Orders; Legal Proceedings. No Law law or Order order shall have been enacted, entered, issued issued, promulgated or enforced by any Governmental Entitygovernmental entity, nor shall any Action action have been instituted and remain pending or, to the best knowledge of the Company, have been threatened and remain so by any governmental entity at what would otherwise be the Closing Date, which prohibits or restricts or would (if successful) prohibit or materially restrict the transactions contemplated by this AgreementAgreement or which would not permit the business of the Company as presently conducted to continue unimpaired following the Closing Date. No Governmental Entity governmental entity shall have notified any Party party to this Agreement that consummation of the transactions contemplated by this Agreement would constitute a violation of any Laws laws of any jurisdiction or that it intends to commence proceedings to restrain or prohibit such transactions or force divestiture divesture or rescissionrecision, unless such Governmental Entity governmental entity shall have withdrawn such notice and abandoned any such proceedings prior to the time which otherwise would have been the Closing Date.withdrawn
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