Common use of Regulatory Approvals; Litigation Clause in Contracts

Regulatory Approvals; Litigation. All permits and consents required by state securities laws, if any, shall have been obtained. No legal proceeding by any person shall have been instituted which questions the validity or legality of the transactions contemplated hereby, nor shall any court order or decree have been issued enjoining the transactions contemplated hereby.

Regulatory Approvals; Litigation. All permits and consents required by state securities laws, if any, shall have been obtained. No legal proceeding by any person shall have been instituted which questions the validity or legality of the transactions contemplated hereby, nor shall any court order or of decree have been issued enjoining the transactions contemplated hereby.