Common use of Order Prohibiting Transaction Clause in Contracts

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: (1) making the transactions contemplated by this Agreement illegal; or (2) otherwise preventing consummation of such transactions. There shall have been no United States federal or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results in any of the consequences referred to in this Section.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.)

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Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agencyGovernmental Authority, and no temporary, preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement Transaction unenforceable or illegal; or (2b) otherwise preventing consummation of such transactions. There shall have been no United States federal ; (c) imposing material limitations on the ability to Purchaser effectively to acquire or state statute, rule hold the Property or regulations enacted or promulgated after the date to exercise full rights of this Agreement that results in any ownership of the consequences referred to in this SectionProperty.

Appears in 2 contracts

Samples: Agreement to Purchase and Sell (JCC Holding Co), Purchase and Sale Agreement (JCC Holding Co)

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement illegal; or , (2b) otherwise preventing consummation of such transactions, or (c) imposing material limitations on the ability of Buyer effectively to acquire and hold Assets, or, in either case, to exercise rights of ownership pursuant thereto. There shall have been no United States federal or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results would reasonably, directly or indirectly, result in any of the consequences referred to in this Section.

Appears in 2 contracts

Samples: Asset Purchase Agreement (New American Healthcare Corp), Lease and Purchase Agreement (New American Healthcare Corp)

Order Prohibiting Transaction. No order shall will have been entered in any ------------------------------ action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall will have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement illegal; , or (2b) otherwise preventing consummation of such transactions. There shall will have been no United States federal or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results would reasonably, directly or indirectly, result in any of the consequences referred to in this Sectionparagraph.

Appears in 1 contract

Samples: Stock Purchase Agreement (Roberts Pharmaceutical Corp)

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement illegal; or , (2b) otherwise preventing consummation of such transactions. There shall have been no United States federal , or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results in any of the consequences referred to in this Section.(c) imposing material limitations on the

Appears in 1 contract

Samples: Stock Purchase Agreement (New American Healthcare Corp)

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agencyGovernmental Authority, and no temporary, preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement unenforceable or illegal; or and/or (2b) otherwise preventing consummation of such transactions. There , which shall not have been no United States federal or state statute, rule or regulations enacted or promulgated resolved prior to Closing by Seller after the date of this Agreement that results in any of the consequences referred to in this Sectionreceiving notice thereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Trico Marine Services Inc)

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: (1a) making the transactions contemplated by this Agreement illegal; or , (2b) otherwise preventing consummation of such transactions. There shall have been no United States federal , or state statute(c) imposing material limitations on the ability of Buyer effectively to acquire and hold the Stock, rule or regulations enacted or promulgated after the date of this Agreement that results or, in any case, to exercise rights of the consequences referred to in this Sectionownership pursuant thereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (New American Healthcare Corp)

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Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement illegal; or , (2b) otherwise preventing consummation of such transactions. There shall have been no United States federal , or state statute(c) imposing material limitations on the ability of Buyer effectively to acquire and hold the Stock or Assets, rule or regulations enacted or promulgated after the date of this Agreement that results or, in any case, to exercise rights of the consequences referred to in this Sectionownership pursuant thereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (New American Healthcare Corp)

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement illegal; or , (2b) otherwise preventing consummation of such transactions, or (c) imposing material limitations on the ability of Buyer effectively to acquire and hold Assets, or, in either case, to exercise rights of ownership pursuant thereto. There shall have been no United States federal or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results in any of the consequences referred to in this Section.or

Appears in 1 contract

Samples: Asset Purchase Agreement (New American Healthcare Corp)

Order Prohibiting Transaction. No order shall will have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall will have been issued which would have the effect of: of (1a) making the transactions contemplated by under this Agreement illegal; illegal or (2b) otherwise preventing consummation of such transactions. There shall will have been no United States federal or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results would reasonably result, directly or indirectly, in any of the consequences referred to in this Section.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Homepatient Inc)

Order Prohibiting Transaction. No order shall have been entered in any action or proceeding before any court or governmental agency, and no preliminary or permanent injunction by any court shall have been issued which would have the effect of: of (1a) making the transactions contemplated by this Agreement illegal; , or (2b) otherwise preventing consummation of such transactions. There shall have been no United States federal or state statute, rule or regulations enacted or promulgated after the date of this Agreement that results in any of the consequences referred to in this Section.States

Appears in 1 contract

Samples: Merger Agreement (Capstone Pharmacy Services Inc)

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