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 (a) making the transactions contemplated by this Agreement illegal, (b) otherwise preventing consummation of such transactions, or (c) imposing material limitations on the ability of Buyer effectively to acquire and hold the Stock, or, in any case, to exercise rights of ownership pursuant thereto. There shall have been no federal or state statute, rule or regulation enacted or promulgated after the date of this Agreement that would reasonably result, directly or indirectly, in any of the consequences referred to in this Section.

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 (a) making the transactions contemplated by this Agreement illegal, (b) otherwise preventing consummation of such transactions, or (c) imposing material limitations on the ability of Buyer effectively to acquire and hold the StockAssets, or, in any either case, to exercise rights 41 50 of ownership pursuant thereto. There shall have been no federal or state statute, rule or regulation regulations enacted or promulgated after the date of this Agreement that would reasonably result, directly or indirectly, in any of the consequences referred to in this Section.

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 (a) making the transactions contemplated by under this Agreement illegal, (b) otherwise preventing consummation of such transactions, or (c) imposing material limitations on the ability of Buyer effectively to acquire and hold Assets, to operate the Stock, Business or, in any case, to exercise rights of ownership pursuant thereto. There shall will have been no federal or state statute, rule or regulation regulations enacted or promulgated after the date of this Agreement that would reasonably result, directly or indirectly, in any of the consequences referred to in this Sectionparagraph.

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 (a) making the transactions contemplated by this Agreement illegal, (b) otherwise preventing consummation of such transactions, or (c) imposing material limitations on the ability of Buyer effectively to acquire and hold the StockAssets, or, in any either case, to exercise rights of ownership pursuant thereto. There shall have been no federal or state statute, rule or regulation regulations enacted or promulgated after the date of this Agreement that would reasonably result, directly or indirectly, in any of the consequences referred to in this Section.