Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties hereto if, in the reasonable opinion of counsel to the respective parties hereto, there shall be any statute, rule or regulation that renders consummation of the transactions contemplated hereby illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealable.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Xceed Inc), Asset Purchase Agreement (Xceed Inc), Agreement and Plan of Merger (Xceed Inc)
Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties hereto if, in the reasonable opinion of counsel to the respective parties hereto, there shall be any statute, rule or regulation that renders consummation of the transactions contemplated hereby illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealable.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Polish Telephones & Microwave Corp), Agreement and Plan of Merger (Think New Ideas Inc)
Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties Party hereto if, in the reasonable opinion of counsel to the respective parties hereto, if there shall be any statute, rule or regulation issued by a Governmental Entity of competent jurisdiction that renders consummation of the transactions contemplated hereby by this Agreement illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) Governmental Entity of competent jurisdiction shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealablenon-appealable.
Appears in 1 contract
Samples: Securities Exchange Agreement (Lifeapps Brands Inc.)
Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties hereto if, in the reasonable opinion of counsel to the respective parties hereto, there shall be any statute, rule or regulation that renders consummation of the transactions contemplated hereby Merger illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealable.
Appears in 1 contract
Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties hereto if, in the reasonable opinion of counsel to the respective parties hereto, there shall be any statute, rule or regulation that renders consummation of the transactions contemplated hereby Sale illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealablenon-appealable.
Appears in 1 contract
Samples: Agreement (Internet Vip Inc)
Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties hereto if, in the reasonable opinion of counsel to the respective parties hereto, there shall be any statute, rule or regulation that renders consummation of the transactions contemplated hereby Exchange illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealable.
Appears in 1 contract
Samples: Stock for Stock Exchange Agreement (New York Health Care Inc)
Termination by Operation of Law. This Agreement may be terminated by ------------------------------- any of the parties party hereto if, in the reasonable opinion of counsel to the respective parties hereto, if there shall be any statute, rule or regulation that renders consummation of the transactions contemplated hereby by this Agreement and the KB Employment Agreement (collectively, the “Contemplated Transactions”) illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealablenon-appealable.
Appears in 1 contract
Samples: Share Exchange Agreement (Content Checked Holdings, Inc.)