No Suits. No action or proceeding shall have been instituted in any court or before any Federal, state or local governmental agency against any party seeking to restrain or prohibit the consummation of the transactions contemplated by this Agreement, or which could have a material adverse effect on any of the parties, which shall not have been dismissed or withdrawn prior to the Closing Date.
Appears in 6 contracts
Samples: Asset Purchase Agreement (Quest Education Corp), Asset Purchase Agreement (Educational Medical Inc), Stock Purchase Agreement (Educational Medical Inc)
No Suits. No action or proceeding shall have been instituted in any court or before any Federal, state or local governmental agency against any party seeking to restrain or prohibit the consummation of the transactions contemplated by this Agreement, or which could have a material adverse effect on any of the parties, which shall not have been dismissed or withdrawn prior to the Closing DateEffective Time of the Merger.
Appears in 3 contracts
Samples: Reorganization Agreement (Educational Medical Inc), Merger Agreement (Bcam International Inc), Merger Agreement (Net LNNX Inc)
No Suits. No action or proceeding shall have been instituted in any court or before any Federal, state or local governmental agency against any party seeking to restrain or prohibit the consummation of the transactions contemplated by this Agreement, or which could have a material adverse effect on the School Related Assets or prospects of any of the parties, which shall not have been dismissed or withdrawn prior to the Closing Date.
Appears in 1 contract
