Common use of Notice of Proceedings Clause in Contracts

Notice of Proceedings. Each of Seller and Parent will promptly notify Buyer in writing upon becoming aware of any order or decree or any complaint praying for an order or decree restraining or enjoining the consummation of the Sale, or upon receiving any notice from any governmental department, court, agency, or commission of its intention to institute an investigation into or institute a suit or proceeding to restrain or enjoin the consummation of the Sale, or to nullify or render ineffective this Agreement (or the Sale, if consummated).

Appears in 10 contracts

Samples: Option Agreement (Mission Broadcasting Inc), Option Agreement (Mission Broadcasting Inc), Option Agreement (Nexstar Broadcasting Group Inc)

AutoNDA by SimpleDocs

Notice of Proceedings. Each of Seller and Parent Sellers will promptly notify Buyer in writing upon becoming aware of any order or decree or any complaint praying for an order or decree restraining or enjoining the consummation of this Agreement or the Saletransactions contemplated hereunder, or upon receiving any notice from any governmental department, court, agency, agency or commission of its intention to institute an investigation into into, or institute a suit any action or proceeding to restrain or enjoin the consummation of the Salethis Agreement or such transactions, or to nullify or render ineffective this Agreement (or the Sale, such transactions if consummated).

Appears in 5 contracts

Samples: Asset Purchase Agreement (Champion Industries Inc), Asset Purchase Agreement (Champion Industries Inc), Asset Purchase Agreement (GateHouse Media, Inc.)

Notice of Proceedings. Each of Seller and Parent Buyer will promptly notify Buyer Sellers in writing upon becoming aware of any order or decree or any complaint praying for an order or decree restraining or enjoining the consummation of this Agreement or the Saletransactions contemplated hereunder, or upon receiving any notice from any governmental department, court, agency, agency or commission of its intention to institute an investigation into into, or institute a suit any action or proceeding to restrain or enjoin the consummation of the Salethis Agreement or such transactions, or to nullify or render ineffective this Agreement (or the Sale, such transactions if consummated).

Appears in 5 contracts

Samples: Asset Purchase Agreement (Champion Industries Inc), Asset Purchase Agreement (GateHouse Media, Inc.), Asset Purchase Agreement (GateHouse Media, Inc.)

Notice of Proceedings. Each of Seller and Parent will promptly notify Buyer the Purchaser and Parent in writing upon (i) becoming aware of any order or decree Order or any complaint Action praying for an any order or decree restraining or enjoining the consummation of the Saletransactions contemplated hereby or by any of the other Documents, or upon (ii) receiving any notice from any governmental department, court, agency, Court or commission any Governmental Authority of its intention (x) to institute an investigation into or institute a suit or proceeding to restrain or enjoin the consummation of the Saletransactions contemplated hereby or thereby, or (y) to nullify or render ineffective this Agreement (or any of the Sale, if consummated)other Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fibernet Telecom Group Inc\)

AutoNDA by SimpleDocs

Notice of Proceedings. Each of Seller and Parent will promptly notify Buyer in writing upon (a) becoming aware of any order or decree or any complaint praying for an any order or decree restraining or enjoining the consummation of the Saletransactions contemplated hereby, or upon (b) receiving any notice from any governmental department, court, agency, court or commission any Regulatory Authority of its intention (i) to institute an investigation into or institute a suit or proceeding to restrain or enjoin the consummation of the Saletransactions contemplated hereby, or (ii) to nullify or render ineffective this Agreement (or the Sale, if consummated)Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Opticare Health Systems Inc)

Notice of Proceedings. Each of Seller and Parent will promptly notify Buyer the Purchaser ----------------------- and Parent in writing upon (i) becoming aware of any order or decree Order or any complaint Action praying for an any order or decree restraining or enjoining the consummation of the Saletransactions contemplated hereby or by any of the other Documents, or upon (ii) receiving any notice from any governmental department, court, agency, Court or commission any Governmental Authority of its intention (x) to institute an investigation into or institute a suit or proceeding to restrain or enjoin the consummation of the Saletransactions contemplated hereby or thereby, or (y) to nullify or render ineffective this Agreement (or any of the Sale, if consummated)other Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gateway Realty New Jersey LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!