Common use of No Prohibition of Transaction Clause in Contracts

No Prohibition of Transaction. No Proceeding or regulation or legislation shall have been instituted, threatened or proposed before, nor any Court Order issued by, any Governmental Authority to enjoin, restrain, prohibit or obtain substantial damages (a) in respect of, or which is related to, or arises out of, this Agreement or the consummation of the Acquisition, or (b) which, in the reasonable judgment of the Buyer, could have a material adverse effect on the Company, any Subsidiary, the Business, the Rental Business, Wiper Business or the Assets.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Unitog Co), Stock Purchase Agreement (Unitog Co)

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No Prohibition of Transaction. No Proceeding proceeding or regulation or legislation shall have been instituted, or to Buyer's or the Company's knowledge, threatened or proposed before, nor any Court Order order issued by, any Governmental Authority administrative, judicial or other governmental body to enjoin, restrain, prohibit or obtain substantial damages (a) in respect of, or which is related relating to, or arises arising out of, this Agreement or the consummation of the Acquisitionthese transactions, or (b) which, in the reasonable judgment of the Buyer, could have a material materially adverse effect on the Companyassets, liabilities, business or condition of the Company or any Subsidiary, the Business, the Rental Business, Wiper Business or the Assets.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Inspection Laboratories Inc)

No Prohibition of Transaction. No Proceeding proceeding or regulation or legislation shall have been instituted, or to the Company's or Seller's knowledge, threatened or proposed before, nor any Court Order order issued by, any Governmental Authority administrative, judicial or other governmental body to enjoin, restrain, prohibit or obtain substantial damages (a) in respect of, or which is related relating to, or arises arising out of, this Agreement or the consummation of the Acquisitionthese transactions, or (b) which, in the reasonable judgment of the BuyerSeller, could have a material materially adverse effect on the Companyassets, any Subsidiaryliabilities, business or condition of the Business, the Rental Business, Wiper Business or the AssetsBuyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Inspection Laboratories Inc)

No Prohibition of Transaction. No Proceeding action, proceeding or investigation (including private causes of action) or regulation or legislation shall have been instituted, threatened or proposed before, nor any Court Order order issued by, any Governmental Authority court, governmental agency or authority or legislative body to enjoin, restrain, prohibit or obtain substantial damages (ai) in respect of, or which is related to, or arises out of, this Agreement or the consummation of the Acquisition, transactions contemplated by this Agreement; or (bii) which, in the reasonable judgment of the Buyer, could have a material materially adverse effect on its interest in the Company, any Subsidiary, the Business, the Rental Business, Wiper Business or the AssetsCompany Shares.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Terax Energy, Inc.)

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No Prohibition of Transaction. No Proceeding or regulation or legislation shall have been instituted, threatened or proposed before, nor any Court Order issued by, any Governmental Authority Body to enjoin, restrain, prohibit or obtain substantial damages damage (a) in respect of, or which is related to, or arises out of, this Agreement or the consummation of the AcquisitionContemplated Transactions, or (b) which, in the reasonable judgment of the Buyer, could have a material materially adverse effect on the Company, any Subsidiary, the Business, the Rental Business, Wiper Business or the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Collectible Concepts Group Inc)

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