Common use of Proceedings and Litigation Clause in Contracts

Proceedings and Litigation. No Action shall have been commenced by any governmental authority against any party hereto seeking to restrain or delay the purchase and sale of the Shares, the Parent Warrants, the Replacement Warrants, the Subsidiary Stock Purchase Rights, the IPO Valuation Warrants, the Subsidiary Warrants or the Conversion Shares, or any of the other transactions contemplated by this Agreement and the other Transaction Documents.

Proceedings and Litigation. No Action shall have been commenced by any governmental authority against any party hereto seeking to restrain or delay the purchase and sale of the Shares, as the Parent Warrants, the Replacement Warrants, the Subsidiary Stock Purchase Rights, the IPO Valuation Warrants, the Subsidiary Warrants or the Conversion Sharescase may be, or any of the other transactions contemplated by this Agreement and the other Transaction DocumentsAgreement.

Proceedings and Litigation. No Action shall have been commenced by any governmental authority against any party hereto seeking to restrain or delay the purchase and sale of the Shares, the Parent Warrants, the Replacement Warrants, the Subsidiary Stock Purchase Rights, the IPO Valuation Warrants, the Subsidiary Warrants Firm Shares or the Conversion Shares, or any of the other transactions contemplated by this Agreement and the other Transaction DocumentsAgreement.

Proceedings and Litigation. No Action shall have been commenced by any governmental authority against any party hereto seeking to restrain or delay the purchase and sale of the Shares, the Parent Warrants, the Replacement Warrants, the Subsidiary Stock Purchase Rights, the IPO Valuation Warrants, the Subsidiary Warrants Purchased Shares or the Conversion Shares, or any of the other transactions contemplated by this Agreement and the other Transaction DocumentsStockholders Agreement.

Proceedings and Litigation. No Action shall have been commenced by any governmental or regulatory authority against any party hereto seeking to restrain or delay prohibit the purchase and sale of the Purchased Shares, the Parent Warrants, issuance of the Replacement Warrants, the Subsidiary Stock Purchase Rights, the IPO Valuation Warrants, the Subsidiary Warrants other Subject Shares or the Conversion Shares, Shares or any of the other transactions contemplated by this Agreement and Agreement, the other Transaction DocumentsCertificate of Designation or the Stockholders Agreement, the effect of which restraint or prohibition would cause the condition set forth in Section 6.1(b) not to be satisfied.

Proceedings and Litigation. No Action shall have been commenced by any governmental or regulatory authority against any party hereto seeking to restrain or delay prohibit the purchase and sale of the Purchased Shares, the Parent Warrants, issuance of the Replacement Warrants, the Subsidiary Stock Purchase Rights, the IPO Valuation Warrants, the Subsidiary Warrants other Subject Shares or the Conversion Shares, Shares or any of the other transactions contemplated by this Agreement, the Stockholders Agreement and or the other Transaction DocumentsCertificate of Designation, the effect of which restraint or prohibition would cause the condition set forth in Section 6.2(b) not to be satisfied.