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 Order issued by, any Governmental Body to enjoin, restrain, prohibit or obtain substantial damage (a) in respect of, or which is related to, or arises out of, this Agreement or the consummation of the Contemplated Transactions, or (b) which, in the reasonable judgment of Seller, could have a materially adverse effect on the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Collectible Concepts Group 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 Order an order issued by, any Governmental Body Authority to enjoin, restrain, prohibit or obtain substantial damage (a) in respect of, or which is related to, or arises out of, this Agreement or the consummation of the Contemplated Transactions, transactions contemplated hereby or (b) which, in the reasonable judgment of SellerBlink Technologies, could have a materially adverse effect on the BusinessMaterial Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (ePunk, Inc.)

No Prohibition of Transaction. No Proceeding or Proceeding, regulation or legislation shall have been instituted, threatened or proposed before, nor any Order issued by, any Governmental Body Authority to enjoin, restrain, prohibit or obtain substantial damage damages (a) in respect of, or which is related to, or which arises out of, this Agreement or the consummation of the Contemplated TransactionsAgreement, or (b) which, in the reasonable judgment of Sellerthe Purchaser, could have a materially material adverse effect on the Businessassets, Liabilities, business, prospects, results of operations or condition (financial or otherwise) of the Company or any Subsidiary.

Appears in 1 contract

Samples: Merger Agreement (York Group Inc \De\)

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No Prohibition of Transaction. No Proceeding or regulation or legislation shall have been instituted, threatened or proposed before, nor any Order order issued by, any Governmental Body Authority to enjoin, restrain, prohibit or obtain substantial damage (a) in respect of, or which is related to, or arises out of, this Agreement or the consummation of the Contemplated Transactions, transactions contemplated hereby or (b) which, in the reasonable judgment of SellerUp2004snap, could have a materially adverse effect on the BusinessMaterial Adverse Effect.

Appears in 1 contract

Samples: Share Exchange Agreement (UpSnap, Inc.)

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