Common use of Prohibitions of Transactions Clause in Contracts

Prohibitions of Transactions. Buyer is not presently a party to or subject to or bound by any agreement or any judgment, order, writ, injunction or decree of any court or any governmental body which contains any provision which would or could operate to prevent the carrying out of this Agreement or the transactions contemplated hereby. There are no actions, suits, proceedings at law or in equity by any person or entity, or any arbitration or administrative proceeding or other proceeding pending or threatened, which could prevent consummation of the transactions contemplated by this Agreement.

Appears in 7 contracts

Samples: Intellectual Property Purchase Agreement (Game Plan Holdings, Inc.), Asset / Intellectual Property Purchase Agreement (MICROELECTRONICS TECHNOLOGY Co), Asset / Intellectual Property Purchase Agreement (MICROELECTRONICS TECHNOLOGY Co)

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Prohibitions of Transactions. Buyer Seller is not presently a party to or subject to or bound by any agreement or any judgment, order, writ, injunction or decree of any court or any governmental body which contains any provision which would or could operate to prevent the carrying out of this Agreement or the transactions contemplated hereby. There are no actions, suits, proceedings at law or in equity by any person or entity, or any arbitration or administrative proceeding or other proceeding pending or threatened, which could prevent consummation of the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Intellectual Property Purchase Agreement (Game Plan Holdings, Inc.), Asset / Intellectual Property Purchase Agreement (MICROELECTRONICS TECHNOLOGY Co), Asset / Intellectual Property Purchase Agreement (MICROELECTRONICS TECHNOLOGY Co)

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