Common use of Suit or Proceeding Clause in Contracts

Suit or Proceeding. No suit or proceeding, legal or administrative, relating to any of the transactions contemplated by this Agreement shall have been overtly threatened or commenced that, in the sole discretion of Purchaser and its counsel, would make it inadvisable for Purchaser to Close this transaction.

Appears in 11 contracts

Samples: Stock Purchase Agreement (Flint Telecom Group Inc.), Stock Purchase Agreement (China Voice Holding Corp.), Asset Purchase Agreement (Integrated Performance Systems Inc)

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Suit or Proceeding. No suit or proceeding, legal or administrative, relating to any of the transactions contemplated by this Agreement shall have been overtly threatened or commenced that, in the sole discretion of Purchaser and its counsel, would make it inadvisable for Purchaser to Close close this transaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (General Components, Inc.)

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