Common use of Suit, Action, Etc Clause in Contracts

Suit, Action, Etc. No suit, action or other proceeding shall be pending or directly threatened by any federal, state or other governmental agency, commission or authority having jurisdiction or authority over Corporation or Buyer or by any other person, in which it is sought to restrain or prohibit consummation of the transactions contemplated by this Agreement and which in the reasonable judgment of the management of Buyer is meritorious and materially adversely affects the prospects of such consummation.

Suit, Action, Etc. No suit, action or other proceeding shall be pending or directly threatened by any federal, state or other governmental agency, commission or authority having jurisdiction or authority over Corporation Seller or Buyer or by any other person, in which it is sought to restrain or prohibit consummation of the transactions contemplated by this Agreement and which in the reasonable judgment of Sellers and of the management of Buyer Seller is meritorious and materially adversely affects the prospects of such consummation.

Suit, Action, Etc. No suit, action or other proceeding shall be pending or directly threatened by any federal, state or other governmental agency, commission or authority having jurisdiction or authority over Sellers and Corporation or Buyer or by any other person, in which it is sought to restrain or prohibit consummation of the transactions contemplated by this Agreement and which in the reasonable judgment of Sellers and of the management of Buyer Corporation is meritorious and materially adversely affects the prospects of such consummation.

Suit, Action, Etc. No suit, action or other proceeding shall be pending or directly threatened by any federal, state or other governmental agency, commission or authority having jurisdiction or authority over Corporation Seller or Buyer or by any other person, in which it is sought to restrain or prohibit consummation of the transactions contemplated by this Agreement and which in the reasonable judgment of the management of Buyer is meritorious and materially adversely affects the prospects of such consummation.

Suit, Action, Etc. No suit, action or other proceeding shall be pending or directly threatened by any federal, state or other governmental agency, commission or authority having jurisdiction or authority over Corporation Seller, Acquiree, or Buyer Buyer, or by any other person, in which it is sought to restrain or prohibit consummation of the transactions contemplated by this Agreement and which in the reasonable and good faith judgment of the management of Buyer Buyer, in consultation with counsel, is meritorious and materially adversely affects the prospects of such consummation.