Common use of No Proceedings, Litigation or Laws Clause in Contracts

No Proceedings, Litigation or Laws. No Action by any governmental ---------------------------------- authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to materially damage Sellers if the transactions contemplated hereunder are consummated.

No Proceedings, Litigation or Laws. No Action by any governmental ---------------------------------- authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to materially damage Sellers if the transactions contemplated hereunder are consummated. There shall not be any statute, rule or regulation that makes the purchase and sale of the Business or the Assets contemplated hereby illegal or otherwise prohibited.

No Proceedings, Litigation or Laws. No Action action, proceeding or ---------------------------------- claim by any governmental ---------------------------------- authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to materially damage Sellers may result in the restraint or prohibition of the transaction contemplated hereunder or the obtaining of damages or other relief if the transactions contemplated hereunder are consummated.

No Proceedings, Litigation or Laws. No Action by any governmental ---------------------------------- authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to materially damage Sellers Seller if the transactions contemplated hereunder are consummated.

No Proceedings, Litigation or Laws. No Action by any governmental ---------------------------------- authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to materially damage Sellers Seller if the transactions contemplated hereunder are consummated.

No Proceedings, Litigation or Laws. No Action action, proceeding or ---------------------------------- claim by any governmental ---------------------------------- authority or other person shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby and which could reasonably be expected to materially damage Sellers may result in the restraint or prohibition of the transaction contemplated hereunder or the obtaining of damages or other relief if the transactions contemplated hereunder are consummated.