Common use of No Threatened or Pending Litigation Clause in Contracts

No Threatened or Pending Litigation. Except for Actions or Proceedings, injunctions or final judgments solely pertaining to contracts or other obligations between NeoSan and any Third Person on the Effective Date, no Action or Proceeding, or injunction or final judgment relating thereto, will be threatened or be pending against Lilly or NeoSan or its Affiliates before any Governmental or Regulatory Authority in which it is sought to restrain or prohibit or to obtain damages or other relief in connection with this Agreement or the consummation of the transactions contemplated hereby, and no investigation that might result in any such suit, action or proceeding will be pending or threatened.

Appears in 4 contracts

Samples: Transfer and Assumption Agreement (Aaipharma Inc), Transfer and Assumption Agreement (Aaipharma Inc), Transfer and Assumption Agreement (Xanodyne Pharmaceuticals Inc)

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