Common use of No Suits or Actions Clause in Contracts

No Suits or Actions. At the time of the closing, no action, suit, or proceeding before any court or any governmental or regulatory authority will have been commenced and be continuing, and no investigation by any governmental or regulatory authority will have been commenced and be continuing, and no action, investigation, suit, or proceeding will be threatened, against the Seller or the Buyer or any of their affiliates, associates, officers, or directors, seeking to restrain or prevent or questioning the validity of the transactions contemplated by this Agreement or the Related Agreements.

Appears in 2 contracts

Samples: Agreement for Sale and Purchase of Business Assets (Evio, Inc.), Agreement for Sale and Purchase of Business Assets (Signal Bay, Inc.)

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No Suits or Actions. At the time of the closing, no No action, suit, or proceeding before any court or any governmental or regulatory authority will have been commenced and be continuing, and no investigation by any governmental or regulatory authority will have been commenced and be continuing, and no action, investigation, suit, or proceeding will be threatenedthreatened at the time of the Closing, against the Seller or the Buyer or any of their affiliates, associates, officers, or directors, seeking to restrain or prevent or questioning the validity of the transactions contemplated by this Agreement or the Related Agreements.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Schmitt Industries Inc), Sale and Purchase Agreement (Probe Manufacturing Inc)

No Suits or Actions. At the time of the closing, no No action, suit, or proceeding before any court or any governmental or regulatory authority will have been commenced and be continuing, and no investigation by any governmental or regulatory authority will have been commenced and be continuing, and to each parties’ knowledge, no action, investigation, suit, or proceeding will be threatenedthreatened at the time of the Closing, against the Seller or the Buyer or any of their affiliates, associates, officers, or directors, seeking to restrain or prevent or questioning the validity of the transactions contemplated by this Agreement or the Related Agreements.

Appears in 1 contract

Samples: Agreement for Sale and Purchase of Business Assets (Chartwell International, Inc.)

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No Suits or Actions. At the time of the closing, no action, suit, or proceeding before any court or any governmental or regulatory authority will have been commenced and be continuing, and no investigation by any governmental or regulatory authority will have been commenced and be continuing, and no action, investigation, suit, or proceeding will be threatened, against the Seller or the Buyer or any of their affiliates, associates, officers, or directors, seeking to restrain or prevent or questioning the validity of the transactions contemplated by this Agreement or the Related AgreementsAgreement.

Appears in 1 contract

Samples: Agreement for Sale and Purchase of Business Assets (Canbiola, Inc.)

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