Common use of Proceedings; Orders Clause in Contracts

Proceedings; Orders. (a) There is no pending Proceeding and, to the Company’s Knowledge, no Person has threatened to commence any Proceeding: (i) to which Company is a party or which directly relates to any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding has been commenced by or against the Company and, to the Company’s Knowledge, no such Proceeding has been threatened. (c) There is no Order to which the Company, or any of the assets owned by the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (e) There is no proposed Order that, if issued or otherwise put into effect (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the Acquisition.

Appears in 2 contracts

Samples: Stock and Partnership Interest Purchase Agreement, Stock and Partnership Interest Purchase Agreement (NightHawk Radiology Holdings Inc)

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Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly any of its subsidiaries or that otherwise relates to or likely would affect the Company's or its subsidiaries' business or any of the assets owned or used by the Company or any of its subsidiaries (whether or not the Company or any of its subsidiaries is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company andor any of its subsidiaries, and no Proceeding otherwise involving or relating to the Company or any of its subsidiaries has been pending or, to the Company’s 's Knowledge, no such Proceeding has been threatenedthreatened at any time. (c) There is no Order to which the CompanyCompany or any of its subsidiaries, or any of the assets owned or used by the CompanyCompany or any of its subsidiaries, is subject. (d) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officerno Principal Stockholder, employee, officer or contractor employee of the Company or any of the General Partner, its subsidiaries is or was subject to any Order that prohibits the General Partner, officer, or prohibited such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's and each of its subsidiaries' business. (e) There is no Order, or to the Knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the digital media software industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Smith Micro Software Inc)

Proceedings; Orders. (a) There Except as set forth on Schedule 7.25, there is no pending Proceeding andProceeding, and neither the Company or, to the Knowledge of the Company’s Knowledge, no any other Person has threatened to commence any Proceeding: : (i) to which that involves the Company is a party or which directly that otherwise relates to any of or might affect the assets owned or used by the Company (Business, whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ; or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or Merger. To the Knowledge of the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years. Except as set forth on Schedule 7.25, no material Proceeding has ever been commenced by or against the Company and, to the Company’s Knowledge, no such Proceeding has been threatened. (c) . There is no Order to which the Company, Company or any of the assets owned by the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor Assets of the Company or is subject; and none of the General Partner, Stockholders or any other Related Party is subject to any Order that prohibits relates to the General Partner, officer, employee Business or contractor to any of the Company or Assets of the General Partner Company. To the Knowledge of the Company, no Employee is subject to any Order that may prohibit the Employee from engaging in or continuing any conduct, activity or practice relating to the Business. To the knowledge of the Company’s business. (e) There , there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to have a Material Adverse Effect or adversely affect the ability of any Stockholder or the Company to comply with or perform any covenant or obligation under any of the Transaction Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with the AcquisitionMerger.

Appears in 1 contract

Samples: Merger Agreement (Advanced Cell Technology, Inc.)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) that involves the Company or that, to which Company is a party or which directly the Company's Knowledge, otherwise relates to or likely would affect the Company's business or any of the assets (not including the Company's Proprietary Assets) owned or used by the Company in any materially adverse respect (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company andCompany, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time. (c) The Company has delivered to Acquiror accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 4.21 of the Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (ef) There is no Order that, or to the actual Knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the Internet stored value industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect materially adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or portion thereof) or on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Cybersource Corp)

Proceedings; Orders. (a) There is no pending Proceeding Proceeding, and, to the Company’s Knowledge's knowledge, no Person has threatened to commence any Proceeding: (i) to which Company is a party that involves the Company, the Company's business or which directly relates to any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition Merger or any of the Related Transactions or the Company’s 's ability to comply with or perform its obligations and covenants under this Agreement or any of and the other Transaction Agreements Transactional Agreements, and, to the knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to could reasonably, directly or indirectly, give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding has been commenced by or against the Company and, to the Company’s Knowledge, no such Proceeding has been threatened. (c) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. To the knowledge of the Company, there is no proposed Order that, if issued or otherwise put into effect, may have a Material Adverse Effect or may have an adverse affect on its ability to comply with or perform any of its covenants or obligations under this Agreement and the other Transactional Agreements. (c) To the knowledge of the Company, no Governmental Body has proposed any legal requirement that, if adopted or otherwise put into effect that, could result in a Material Adverse Effect or could adversely affect the Company's ability to comply with or perform any of its covenants or obligations under this Agreement or the other Transactional Agreements. (d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, No officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (e) There is no proposed Order that, if issued or otherwise put into effect (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the Acquisition.

Appears in 1 contract

Samples: Merger Agreement (Nextron Communications Inc)

Proceedings; Orders. (a) There 3.8.1 Save as Disclosed, there is no pending Proceeding against the Company, and, to the Company’s Seller's Knowledge, no Person has threatened to commence any Proceeding: (ia) to which Company is a party or which directly relates to any of the assets owned or used by that involves the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceedingits assets; or (iib) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Acquisition Transactions or the Company’s ability of the Company and/or the Seller to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, Transactional Agreements; and to the Company’s Knowledge, Seller's Knowledge no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding has been commenced by 3.8.2 No Proceedings involving or against relating to the Company and, are current (other than actions by the Company for the recovery of sums owing to it in the Company’s Knowledge, no such Proceeding has been threatenedOrdinary Course of Business). (c) There 3.8.3 Save as Disclosed, there is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, 3.8.4 No director or contractor secretary of the Company or or, to the Seller's Knowledge, employee of the General Partner, Company is subject to any Order that prohibits the General Partnersuch director, officer, secretary or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (e) There 3.8.5 To the Seller's Knowledge, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could is reasonably be expected likely to have a Material Adverse Effect material adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or 19 21 portion thereof) or on the ability of the Company to comply with or perform any covenant or obligation under this Agreement and the other Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Share Purchase Agreement (Paradigm Geophysical LTD)

Proceedings; Orders. (a) There is no pending Proceeding and, to the Company’s KnowledgeKnowledge of InfoCast, no Person has threatened to commence any Proceeding: (i) to which Company is a party that involves InfoCast or which directly that otherwise relates to or might affect the business of InfoCast or any of the assets owned or used by the Company InfoCast (whether or not the Company InfoCast is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no Transactions. (b) No event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceedingmaterial Proceeding of the type described in Section 5.15(a). (bc) Within the last five years, no material No Proceeding has ever been commenced by or against the Company and, InfoCast and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding InfoCast has been threatenedpending or threatened at any time. (cd) There is no Order to which the Company, InfoCast or any of the assets owned or used by InfoCast is subject that relates to the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor business of InfoCast or to any officer, employee, or contractor of the Company assets owned or of the General Partner, is subject to any Order that prohibits the General Partner, officer, employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s businessused by InfoCast. (e) There To the knowledge of InfoCast, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to may have a Material Adverse Effect material adverse effect on the business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or portion thereof) of InfoCast or on the ability of InfoCast to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Documents, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Share Purchase Agreement (Infocast Corp /Nv)

Proceedings; Orders. (a) There is no pending Proceeding Proceeding, and, to the CompanyParent’s Knowledge, no Person has threatened to commence any Proceeding: (i) to which Company Parent is a party or which or, to Parent’s Knowledge, that otherwise directly relates to or might directly affect the Parent’s business or any of the assets owned or used by the Company Parent (whether or not the Company Parent is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition Merger or the CompanyParent’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, Agreements; and to the CompanyParent’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding has ever been commenced by or against the Company andParent, and to the CompanyParent’s Knowledge, no such Proceeding has been threatened. (c) There is no Order to which the CompanyParent, or any of the assets owned by the CompanyParent, is subject. (d) To the CompanyParent’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General PartnerParent, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the CompanyParent’s business. (e) There To the Parent’s Knowledge, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the AcquisitionMerger.

Appears in 1 contract

Samples: Merger Agreement (NightHawk Radiology Holdings Inc)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: : (i) to which Company is a party or which directly relates to any of the assets owned or used by that involves the Company or the Company’s Assets or Liabilities (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may would reasonably be expected to have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no Transactions. No event has occurred, and to the Knowledge of the Company, no claim, dispute or other condition or circumstance exists, that would reasonably be reasonably expected to give rise torise, directly or serve as a reasonable basis forindirectly, to the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has been commenced by or against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Knowledge of the Company’s Knowledge, no such Proceeding has been threatenedthreatened at any time. (c) There is no Governmental Order to which the Company, Company or any of the assets owned by the Company, is its Assets or Liabilities are subject. (d) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor (i) no officer of the Company or of the General Partner, Company Employee is subject to any Governmental Order that prohibits the General Partner, officer, employee such officer or contractor of the Company or the General Partner Employee from engaging in or continuing any conduct, activity or practice relating to the Company’s business. business and (eii) There there is no proposed Governmental Order that, if issued or otherwise put into effect (i) effect, would or could reasonably be expected to have a Material Adverse Effect an adverse effect on the Company’s business, condition, Assets, Liabilities, operations, financial performance, net income or prospects (iior on any aspect or portion thereof) or on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any Ancillary Agreement, or would otherwise reasonably be expected to have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Webmediabrands Inc.)

Proceedings; Orders. (a) There Except as set forth in Schedule 3.24(a) attached hereto, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding: (i) to which Proceeding that involves the Company is a party or which directly that otherwise relates to or might affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or that challenges, or that could be reasonably expected to have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Transactions. Except as set forth in Schedule 3.24(a) and, to the Company’s Knowledgeattached hereto, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five yearsExcept as set forth in Schedule 3.24(b) attached hereto, no material Proceeding has ever been commenced by or against the Company and, Company; and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time. (c) The Company has delivered to the ILOG Group accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Schedule 3.24(c) attached hereto. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject; and none of the LogicTools Stockholders are subject to any Order that relates to the Company’s business or to any of the assets owned or used by the Company. (de) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor Knowledge of the Company and the Voting Stockholders, no officer or employee of the General Partner, Company is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (ef) There is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise could be reasonably expected to have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Ilog Sa)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within To the last five yearsCompany's Knowledge, no material Proceeding has ever been commenced by or against the Company andCompany, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened in writing at any time. (c) The Company has delivered to Acquiror accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 4.21(b) of the Target Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (ef) There is no Order that, or to the Knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the online payment industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Cybersource Corp)

Proceedings; Orders. (a) a. There is no pending Proceeding proceeding, and, to the Company’s Knowledgebest knowledge of Deltco and the Seller, no Person person has threatened to commence any Proceedingproceeding: (i) to which Company is a party that involves Deltco or which directly that otherwise relates to or might affect the business or any of the assets owned or used by the Company Deltco (whether or not the Company Deltco is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to transactions. To the Company’s Knowledgebest of the knowledge of Deltco and the Seller, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceedingproceeding. (b) Within the last five years, no material Proceeding has been commenced by or against the Company and, to the Company’s Knowledge, no such Proceeding has been threatened. (c) b. There is no Order order to which the CompanyDeltco, or any of the assets owned or used by the CompanyDeltco, is subject; and the Seller is not subject to any order that relates to the business or to any of the assets owned or used by Deltco. (d) c. To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor best of the Company knowledge of Deltco and the Seller, no officer or employee of the General Partner, Deltco is subject to any Order order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s businessbusiness of Deltco. (e) d. There is no proposed Order order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to may have a Material Adverse Effect material adverse effect on the business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or portion thereof) of Deltco or on the ability of Deltco or the Seller to comply with or perform any covenant or obligation under any of the Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the Acquisitiontransactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Planet Polymer Technologies Inc)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within Except as set forth on Section 4.21 of the last five yearsCompany Disclosure Schedule, no material Proceeding has ever been commenced by or against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Company’s Knowledgeknowledge, no such Proceeding has been threatenedthreatened at any time. (c) The Company has delivered to Acquiror accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 4.21 (a) or (b) of the Company Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (ef) There is no Order, or to the knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the e-business infrastructure software industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Bea Systems Inc)

Proceedings; Orders. (a) There Except as set forth in Part 2.27(a) of the Disclosure Schedule, there is no pending Proceeding andProceeding, and to the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which Company is a party that involves the Company; or which directly relates to (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the assets owned or used by Transactions. Except as set forth in Part 2.27(a) of the Company (whether or not the Company is named as a party thereto) andDisclosure Schedule, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would reasonably be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within Except as set forth in Part 2.27(b) of the last five yearsDisclosure Schedule, since September 8, 2008, no material Proceeding has ever been commenced by or against the Company and, Company; and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been pending or threatened. (c) The Company has delivered to Parent accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to any Proceedings identified in Part 2.27(a) of the Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s businessBusiness. (ef) There To the Company’s Knowledge, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would may have an adverse effect on the Business or could reasonably be expected on the condition, assets, liabilities, operations, financial performance or net income of the Company or on the ability of the Company to have a Material Adverse Effect comply with or perform any covenant or obligation under any of the Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Netscout Systems Inc)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and no Person has, to the Company’s KnowledgeKnowledge of Seller, no Person has threatened to commence any Proceeding: : (i) to which Company is a party that involves the Seller; or which directly relates to any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the CompanyTransactions. To Seller’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding No Proceeding has ever been commenced by or against the Company and, Seller. The Seller has delivered to the Company’s KnowledgePurchaser accurate and complete copies of all pleadings, no such Proceeding correspondence and other written materials (to which the Seller has been threatened. (caccess) that relate to the Proceedings identified in Part 2.26 of the Disclosure Schedule. There is no Order to which the CompanySeller, or any of the assets owned or used by the CompanySeller, is subject. (d) To ; and, to the Company’s KnowledgeKnowledge of Seller, neither the General Partner nor any officer, employee, or contractor of the Company or of the General Partner, no Related Party is subject to any Order that prohibits relates to the General Partner, officer, employee Seller’s business or contractor to any of the Company or assets of the General Partner Seller. To the Knowledge of Seller, no Continuing Employee is subject to any Order that may prohibit employee from engaging in or continuing any conduct, activity or practice relating to the Companybusiness of the Seller or the business of the Purchaser at or after the Closing. To Seller’s business. (e) There Knowledge, there is no proposed Order that, if issued or otherwise put into effect, (Y) may have an adverse effect (i) would on the business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects of the Seller or on the ability of the Seller to have a Material Adverse Effect comply with or perform any covenant or obligation under any of the Transactional Agreements, or (iiZ) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imageware Systems Inc)

Proceedings; Orders. (a) There Except as set forth in Part 4.10 of the Disclosure Schedule, there is no pending Proceeding material Proceeding, and, to the Company’s KnowledgeKnowledge of the Company and KFx, no Person has threatened to commence any material Proceeding: (i) to which that involves the Company or that is a party or which directly directed at the Company and otherwise relates to the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or (ii) andthat challenges, or that is reasonably likely to have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the transactions contemplated herein. Except as set forth in Part 4.10 of the Disclosure Schedule, to the Company’s KnowledgeKnowledge of the Company and KFx, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within The Company has delivered to the last five yearsPurchaser accurate and complete copies of all pleadings, no material Proceeding has been commenced by or against correspondence and other written materials to which the Company and, has access that relate to any of the Company’s Knowledge, no such Proceeding has been threatenedProceedings identified in Part 4.10 of the Disclosure Schedule. (c) There is no Order to which the Company, or any of the material assets owned or used by the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor Knowledge of the Company and KFx, no officer or employee of the General Partner, Company is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (e) There To the Knowledge of the Company and KFx, there is no proposed Order directed at the Company that, if issued or otherwise put into effect effect, (i) would or could is reasonably be expected likely to have a Material Adverse Effect material adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or portion thereof) or on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the Transaction Agreements, or (ii) would otherwise is reasonably likely to have the effect of preventing, delaying, making illegal or otherwise interfering with any of the Acquisitiontransactions contemplated herein.

Appears in 1 contract

Samples: Common Stock and Series a Preferred Stock Purchase Agreement (KFX Inc)

Proceedings; Orders. (a) There is no pending Proceeding Proceeding, and, to the Company’s Knowledge, no Person has threatened to commence any Proceeding: (i) to which Company is a party or which or, to Company’s Knowledge, that otherwise directly relates to or might directly affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition Merger or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, Agreements; and to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding has ever been commenced by or against the Company andCompany, and to the Company’s Knowledge, no such Proceeding has been threatened. (c) There is no Order to which the Company, or any of the assets owned by the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor any no officer, employee, or contractor of the Company or of the General PartnerCompany, is subject to any Order that prohibits the General Partner, such officer, employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (e) There To the Company’s Knowledge, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the AcquisitionMerger.

Appears in 1 contract

Samples: Merger Agreement (NightHawk Radiology Holdings Inc)

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Proceedings; Orders. (a) There is no pending Proceeding and, to the Company’s KnowledgeKnowledge of the Company and the Controlling Shareholders, no Person has threatened to commence any Proceeding: (i) to which that involves the Company is a party or which directly that otherwise relates to or might affect the business of the Company or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no Transactions. (b) No event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceedingmaterial Proceeding of the type described in Section 4.07(a). (bc) Within the last five years, no material No Proceeding has ever been commenced by or against the Company and, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time. (cd) There is no Order to which the Company, Company or any of the assets owned or used by the Company, Company is subject. (d) To , and to the Company’s KnowledgeKnowledge of the Company and the Controlling Shareholders, neither none of the General Partner nor Selling Shareholders is subject to any officer, employee, or contractor Order that relates to the business of the Company or to any of the General Partner, assets owned or used by the Company. (e) No officer or employee of the Company is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the business of the Company’s business. (ef) There To the knowledge of the Company and the Controlling Shareholders, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to may have a Material Adverse Effect material adverse effect on the business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or portion thereof) of the Company or on the ability of the Company or any of the Controlling Shareholders to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Documents, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Share Purchase Agreement (Infocast Corp /Nv)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company andCompany, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time. (c) The Company has delivered to Coyote accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 3.20 of the Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (ef) There is no Order that, or to the Knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the data integration industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transaction Documents, or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Merger Agreement (Coyote Network Systems Inc)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly any Subsidiary or that otherwise relates to or reasonably likely would affect the Company’s or any Subsidiary’s business or any of the assets owned or used by the Company or any Subsidiary (whether or not the Company or any Subsidiary is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company andor any Subsidiary, and no Proceeding otherwise involving or relating to the Company or any Subsidiary has been pending or, to the Company’s Knowledge, no such Proceeding has been threatenedthreatened at any time. (c) There is no Order to which the CompanyCompany or any Subsidiary, or any of the assets owned or used by the CompanyCompany or any Subsidiary, is subject. (d) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officerno Principal Stockholder, employee, officer or contractor employee of the Company or of the General Partner, any Subsidiary is or was subject to any Order that prohibits the General Partner, officer, or prohibited such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s and each of the Subsidiaries’ business. (e) There is no Order, or to the Knowledge of the Company, proposed Order that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements or (ii) likely would otherwise have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions. (f) The Company has delivered to Acquiror a true, correct and complete copy of (i) the results of each Governmental Audit of the Company for 2004 and 2005 (to the extent completed and delivered to the Company) together will all related correspondence or other written communications to or from the Company regarding such audit, (ii) all patent clearance reports, (iii) all notices of disbarment or suspension with respect to Contracts from a Governmental Body, (iv) each deficiency letter or findings letter received by the Company or any of its Subsidiaries and (v) all current cost and processing data certifications related to the Company’s status as a sole source supplier.

Appears in 1 contract

Samples: Merger Agreement (Efj Inc)

Proceedings; Orders. (a) There Except as set forth on Section 2.21 of the Company Disclosure Schedule, there is no pending Proceeding andProceeding, and to the knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within Except as set forth on Section 2.21 of the last five yearsCompany Disclosure Schedule, since January 1, 2004 no material Proceeding has been commenced by or against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Company’s Knowledgeknowledge, no such Proceeding has been threatenedthreatened at any time. (c) The Company has delivered to Buyer complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 2.21 (a) or (b) of the Company Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (ef) There is no Order, or to the knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the contract machine shop industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Shumate Industries Inc)

Proceedings; Orders. (a) There To the Knowledge of the Company, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such ProceedingProceeding which could reasonably have a material adverse effect on the Company. (b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company andCompany, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending at any time. (c) There The Company has delivered to Acquiror or its counsel accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 4.20 of the Disclosure Schedule. (d) To the Company's Knowledge, there is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (ef) There To the Knowledge of the Company, there is no Order that, or proposed Order (other than any proposed Order that would be applicable generally to the semiconductor industry) that, if issued or otherwise put into effect effect, (i) likely would have an adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of the Company to have a Material Adverse Effect comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PLX Technology Inc)

Proceedings; Orders. (a) There Except as described in reasonable detail in Part 5.8 of the Company Disclosure Schedule, there is no pending Proceeding Proceeding, and, to the Company’s Knowledge's knowledge, no Person has threatened to commence any Proceeding: (i) to which that involves the Company is a party or which directly the Subsidiary or that otherwise relates to or might affect the Company's or the Subsidiary's business or any of the material assets owned or used by the Company or the Subsidiary (whether or not the Company or the Subsidiary is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Acquisition Transactions or the Company’s 's ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements Transactional Agreements, and, to the knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within The Company has delivered to the last five yearsPurchaser accurate and complete copies of all pleadings, no material Proceeding has been commenced by or against correspondence and other written materials to which the Company and, has access that relate to the Company’s KnowledgeProceedings identified in Part 5.8 of the Company Disclosure Schedule, no such Proceeding if any. None of the matters set forth in Part 5.8 of the Company Disclosure Schedule has been threatenedhad or is reasonably likely to have a material adverse effect on the Company or the Subsidiary. (c) There is no Order to which the CompanyCompany or the Subsidiary, or any of the assets owned or used by the CompanyCompany or the Subsidiary, is subjectsubject nor are there any such Orders threatened which are reasonably likely to be imposed by any Governmental Body. (d) To the Company’s Knowledge's knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, Subsidiary is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (e) There is no proposed Order that, if issued or otherwise put into effect (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the Acquisition.

Appears in 1 contract

Samples: Merger Agreement (Beyond Com Corp)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Company’s Knowledge, 's Knowledge no Person has threatened to commence any Proceeding: (i) to which that involves the Company is a party or which directly that otherwise relates to or could affect the Company's business, any of the assets owned or used by the Company or any product or service offered for sale or license by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may could have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no transactions contemplated by this Agreement. No event has occurred, and to the Company's Knowledge no claim, dispute or other condition or circumstance exists, that would be reasonably expected to could directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Company’s 's Knowledge, no such Proceeding has been threatenedthreatened at any time. (c) The Company has delivered to the Purchaser accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings, if any, identified in Section 4.23 of the Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company or any product or service offered for sale or license by the Company, is subject. (de) To the Company’s 's Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (ef) There To the Company's Knowledge, there is no proposed Order that, if issued or otherwise put into effect (i) would or could reasonably be expected to effect, may have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the AcquisitionEffect.

Appears in 1 contract

Samples: Merger Agreement (Innovative Gaming Corp of America)

Proceedings; Orders. (a) There Except as set forth in Schedule 2.17, there is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: (i) to which 1. that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) 2. that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, transactions contemplated hereby. (b) Except as set forth in Schedule 2.17 to the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (bc) Within the last five yearsExcept as set forth in Schedule 2.17, no material Proceeding has ever been commenced by or against the Company andor, to the Knowledge of the Company’s Knowledge, against the Company, and no such Proceeding otherwise involving or relating to the Company has been threatenedpending or, to the Knowledge of the Company threatened at any time. (cd) There The Company has delivered to the Buyer accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Schedule 2.17. (e) To the Knowledge of the Company, there is no Order to which the Company, or any of the assets owned or used by the Company, is subject, is not subject to any Order that relates to the Company's business or to any of the assets owned or used by the Company. (df) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business. (eg) There To the Knowledge of the Company, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would have an adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of the Company or any Shareholder to have a Material Adverse Effect comply with or perform any covenant or obligation under the Agreement, or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the Acquisitiontransactions contemplated hereby. (h) Except as disclosed in Schedule 2.17, each Proceeding listed in Schedule 2.17 is fully covered by existing policies of insurance. (i) Except as disclosed in Schedule 2.17, the Company is not a party to any Proceeding as a party plaintiff, nor is the Company presently contemplating the initiation of any such Proceeding.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wd 40 Co)

Proceedings; Orders. (a) There is no pending Proceeding and, to the Company’s KnowledgeKnowledge of the Company and the Selling Shareholders, no Person has threatened to commence any Proceeding: (i) to which that involves the Company is a party or which directly that otherwise relates to or might affect the business of the Company or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no Transactions. (b) No event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceedingmaterial Proceeding of the type described in Section 4.07(a). (bc) Within the last five years, no material No Proceeding has ever been commenced by or against the Company and, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time. (cd) There is no Order to which the Company, Company or any of the assets owned or used by the Company, Company is subject. (d) To , and none of the Company’s Knowledge, neither Selling Shareholders is subject to any Order that relates to the General Partner nor any officer, employee, or contractor business of the Company or to any of the General Partner, assets owned or used by the Company. (e) No officer or employee of the Company is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the business of the Company’s business. (ef) There is no proposed Order that, if issued or otherwise put into effect effect, (i) would may have an adverse effect on the business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) of the Company or on the ability of the Company or any of the Selling Shareholders to have a Material Adverse Effect comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Documents, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Share Purchase Agreement (Infocast Corp /Nv)

Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding: Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding. (b) Within the last five years, no material No Proceeding has ever been commenced by or by, or, to the knowledge of the Company, against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Company’s Knowledgeknowledge, no such Proceeding has been threatenedthreatened at any time. (c) The Company has delivered to the Buyer accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 3.22 (a) or (b) of the Company Disclosure Schedule. (d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject. (de) To the knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (ef) There is no Order applicable to the Company, or to the knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the e-business infrastructure software industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bea Systems Inc)

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