Common use of Purchase Permitted By Applicable Law Clause in Contracts

Purchase Permitted By Applicable Law. The consummation of the transactions contemplated by this Agreement shall not be prohibited by or violate any Applicable Law and shall not subject any party to any Tax, penalty or liability, under or pursuant to any Applicable Law, and shall not be enjoined (temporarily or permanently) under, or prohibited by or contrary to, any injunction, order, decree or ruling. Without limiting the generality of the foregoing, the consummation of the transactions contemplated hereby shall otherwise comply with all applicable requirements of federal and state securities laws.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Overhill Farms Inc), Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp), Warrant Purchase Agreement (Viseon Inc)

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Purchase Permitted By Applicable Law. The consummation of the transactions contemplated by this Agreement (including the Spin-Off) shall not be prohibited by or violate any Applicable Law and shall not subject any party to any Tax, penalty or liability, under or pursuant to any Applicable Law, and shall not be enjoined (temporarily or permanently) under, or prohibited by or contrary to, any injunction, order, decree or ruling. Without limiting the generality of the foregoing, the consummation of the transactions contemplated hereby shall otherwise comply with all applicable requirements of federal and state securities laws.

Appears in 1 contract

Samples: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)

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