Common use of No Violations; No Actions Clause in Contracts

No Violations; No Actions. Consummation of the transactions ------------------------- contemplated by this Agreement shall not violate any order, decree or judgment of any court or governmental body having competent jurisdiction and no action or proceeding shall have been instituted or threatened by any person, entity or governmental agency in connection with consummation of the transactions contemplated by this Agreement which, in any such case, in the reasonable judgment of MIKOHN, has a reasonable probability of resulting in [1] the obtaining of material damages from MIKOHN or PGI; or [2] an order, judgment or decree restraining, prohibiting or rendering unlawful the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Mikohn Gaming Corp), Stock Purchase Agreement (Mikohn Gaming Corp)

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No Violations; No Actions. Consummation of the transactions ------------------------- contemplated by this Agreement shall not violate any order, decree or judgment of any court or governmental body Governmental Entity having competent jurisdiction and no action or proceeding shall have been instituted or threatened by any person, entity or governmental agency in connection with consummation of the transactions contemplated by this Agreement Governmental Entity which, in any such case, in the sole but reasonable judgment of MIKOHNPurchaser, has a reasonable probability of resulting in [1] (i) the obtaining of material damages from MIKOHN or PGIPurchaser; or [2] (ii) an order, judgment or decree restraining, prohibiting or rendering unlawful the consummation of the transactions contemplated by this Agreement; or (iii) other relief in connection therewith.

Appears in 2 contracts

Samples: Securities Purchase Agreement (P-Com Inc), Securities Purchase Agreement (P-Com Inc)

No Violations; No Actions. Consummation of the transactions ------------------------- contemplated by this Agreement shall not violate any order, decree or judgment of any court or governmental body having competent jurisdiction and no action or proceeding shall have been instituted or threatened by any person, entity or governmental agency in connection with consummation of the transactions contemplated by this Agreement which, in any such case, in the reasonable judgment of MIKOHNXXXXX, has a reasonable probability of resulting in [1] the obtaining of material damages from MIKOHN or PGIXXXXX; or [2] an order, judgment or decree restraining, prohibiting or rendering unlawful the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Mikohn Gaming Corp), Stock Purchase Agreement (Mikohn Gaming Corp)

No Violations; No Actions. Consummation of the transactions ------------------------- contemplated by this Agreement shall not violate any order, decree or judgment of any court or governmental body having competent jurisdiction and no action or proceeding shall have been instituted or threatened by any person, entity or governmental agency in connection with consummation of the transactions contemplated by this Agreement which, in any such case, in the reasonable sole judgment of MIKOHNthe Stockholders, has a reasonable probability of resulting in [1] (i) the obtaining of material damages from MIKOHN the Stockholders or PGI; or [2] BC, (ii) an order, judgment or decree restraining, prohibiting or rendering unlawful the consummation of the transactions contemplated by this Agreement, or (iii) other relief in connection therewith.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Buy Com Inc)

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No Violations; No Actions. Consummation of the transactions ------------------------- contemplated by this Agreement shall not violate any order, decree or judgment of any court or governmental body Governmental Entity having competent jurisdiction and no action or proceeding shall have been instituted or threatened by any person, entity or governmental agency in connection with consummation of the transactions contemplated by this Agreement Governmental Entity which, in any such case, in the sole reasonable judgment of MIKOHNParadigm, has a reasonable probability of resulting in [1] (a) the obtaining of material damages from MIKOHN or PGIParadigm; or [2] (b) an order, judgment or decree restraining, prohibiting or rendering unlawful the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Paradigm Technology Inc /De/)

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