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. The waiting period under the HSR Act shall have expired or been terminated, and there shall not be any statute, rule or regulation that makes the purchase and sale of the Shares, Business or the Assets contemplated hereby illegal or otherwise prohibited.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Rental Service Corp), Stock Purchase Agreement (Rental Service Corp)

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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. The waiting period under the HSR Act shall have expired or been terminated, and there shall not be any statute, rule or regulation that makes the purchase and sale of the SharesCompany, Business or the Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

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. The waiting period under the HSR Act shall have expired or been terminated, and there shall not be any statute, rule or regulation that makes the purchase and sale of the Shares, Business or the Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Stock Purchase Agreement (Schuff Steel Co)

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. The waiting period under the HSR Act shall have expired or been terminated, and there shall not be any statute, rule or regulation that makes the purchase and sale of the Shares, Business or the Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Stock Purchase Agreement (Schuff Steel Co)

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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. The waiting period under the HSR Act shall have expired or been terminated, and there shall not be any statute, rule or regulation that makes the purchase and sale of the Shares, Business or the Assets Shares contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

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. The waiting period under the HSR Act shall have expired or been terminated, and there shall not be any statute, rule or regulation that makes the purchase and sale of the Shares, Business or the Assets contemplated hereby illegal or otherwise prohibited.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

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