Common use of No Proceedings or Prohibitions Clause in Contracts

No Proceedings or Prohibitions. At the time of the Closing, there shall not be any litigation, investigation, inquiry or Proceeding pending or Threatened in or by any court or agency of any government or by any third party that in the reasonable judgment of the executive officers of Landmark, with the advice of counsel, presents a bona fide claim to restrain, enjoin or prohibit consummation of the Merger or that might result in rescission of the Merger. No preliminary or permanent injunction or other order by any federal or state court that prevents the consummation of the Merger shall have been issued and shall remain in effect.

No Proceedings or Prohibitions. At the time of the Closing, there shall not be any litigation, investigation, inquiry or Proceeding proceeding pending or Threatened threatened in or by any court or agency of any government or by any third party party, that in the reasonable judgment of the executive officers of LandmarkSeller, with the advice of counsel, presents a bona fide claim to restrain, enjoin or prohibit consummation of the Merger Acquisition or that might result in rescission of the Mergerin connection with such transactions. No preliminary or permanent injunction or other order by any federal or state court that prevents the consummation of the Merger Acquisition shall have been issued and shall remain in effect.

No Proceedings or Prohibitions. At the time of the Closing, there shall not be any litigation, investigation, inquiry or Proceeding pending or Threatened in or by any court or agency of any government or by any third party party, that in the reasonable judgment of the executive officers of Landmarkthe Bank, with the advice of counsel, presents a bona fide claim to restrain, enjoin or prohibit consummation of the Merger or that might result in rescission of the Merger. No preliminary or permanent injunction or other order by any federal or state court that prevents the consummation of the Merger shall have been issued and shall remain in effect.

No Proceedings or Prohibitions. At the time of the Closing, there shall not be any litigation, investigation, inquiry or Proceeding proceeding pending or Threatened threatened in or by any court or agency of any government or by any third party that in the reasonable judgment of the executive officers of LandmarkXxxxx, with the advice of counsel, presents a bona fide claim to restrain, enjoin or prohibit consummation of the Merger Acquisition or that might result in rescission of the Mergerin connection with such transactions. No preliminary or permanent injunction or other order by any federal or state court that prevents the consummation of the Merger Acquisition shall have been issued and shall remain in effect.