No Pending Governmental Actions Clause Samples
The "No Pending Governmental Actions" clause asserts that, at the time of agreement, neither party is subject to any ongoing investigations, enforcement actions, or legal proceedings initiated by government authorities. In practice, this means each party must confirm that there are no unresolved regulatory or legal issues, such as lawsuits, administrative hearings, or compliance orders, that could impact their ability to fulfill the contract. This clause serves to assure both parties that there are no hidden legal risks or potential liabilities from government actions that could interfere with the agreement’s execution or validity.
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No Pending Governmental Actions. No proceeding initiated by any Governmental Entity seeking an Injunction having the effect of making the Transactions illegal or otherwise prohibiting the consummation of the Transactions shall be pending.
No Pending Governmental Actions. No proceeding initiated by any Governmental Entity seeking an Injunction shall be pending.
No Pending Governmental Actions. No proceeding initiated by any Governmental Entity seeking an Injunction preventing consummation of the Merger shall be pending or shall have been threatened in writing.
No Pending Governmental Actions. No proceeding initiated by any Governmental Entity seeking, and which is reasonably likely to result in the granting of, an Injunction having the effect of making the Merger illegal or otherwise prohibiting consummation of the Merger shall be pending.
No Pending Governmental Actions. No proceeding initiated by any Governmental Entity seeking, and
No Pending Governmental Actions. There shall not be pending any Proceeding by any Governmental Entity of competent jurisdiction against Parent, Merger Sub, the Company or any of its Subsidiaries, or otherwise in connection with the Merger, (i) seeking to make illegal, restrain, prohibit or materially limit the making or consummation of the Merger; (ii) seeking to make illegal, restrain, prohibit or materially limit the ownership or operation by Parent, the Company or any of their respective Subsidiaries of all or any material portion of the business or assets of the Company and its Subsidiaries, taken as a whole, as a result of or in connection with the Merger; (iii) seeking to make illegal, restrain, prohibit or impose material limitations on the ability of Parent or Merger Sub effectively to acquire, hold or exercise full rights of ownership of the Shares; or (iv) which otherwise would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
No Pending Governmental Actions. No proceeding initiated by any Governmental Entity seeking, and