Common use of Adverse Proceedings Clause in Contracts

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor to transfer the Shares.

Appears in 2 contracts

Samples: Stock and Asset Acquisition Agreement (Navisite Inc), Stock and Asset Acquisition Agreement (Navisite Inc)

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Adverse Proceedings. No action or proceeding by or before any ------------------- court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesAssets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nucycle Therapy Inc), Asset Purchase Agreement (Peritus Software Services Inc)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Shareholders to transfer the Shares.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Uici), Share Purchase Agreement (International Integration Inc)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Company to transfer the SharesAssets.

Appears in 2 contracts

Samples: Purchase Agreement (Penwest Pharmaceuticals Co), Purchase Agreement (Penwest Pharmaceuticals Co)

Adverse Proceedings. No action or proceeding by or before any ------------------- court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesInterest or consummate the other transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Harbor Global Co LTD)

Adverse Proceedings. No action or proceeding by or before any ------------------- court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Parent to transfer the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Satcon Technology Corp)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body Governmental Entity shall have been instituted or threatened by any governmental body Governmental Entity or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesAssets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ss&c Technologies Inc)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Buyer to transfer purchase the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sunlink Health Systems Inc)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to materially and adversely affect the right of the Transferor Seller to transfer the SharesAcquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Careinsite Inc)

Adverse Proceedings. No action or proceeding by or before any ------------------- court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesAssets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Synbiotics Corp)

Adverse Proceedings. No action or proceeding by or before any court or ------------------- other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesAssets.

Appears in 1 contract

Samples: Asset Purchase Agreement (V I Technologies Inc)

Adverse Proceedings. No action or proceeding by or before any court ------------------- or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesAssets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Satcon Technology Corp)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever whatsoever, naming Buyer, which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely materially affect the right of the Transferor Company to transfer the SharesAcquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Globalmedia Com)

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Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement and the agreements provided for herein or which might reasonably be expected to adversely affect the right of the Transferor Seller to transfer the SharesAssets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intrinsix Corp)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Sellers to transfer the SharesProperty.

Appears in 1 contract

Samples: Purchase Agreement (Ski Lifts Inc)

Adverse Proceedings. No action or proceeding by or before any ------------------- court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Sellers to transfer the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synbiotics Corp)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any person or governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Stockholders to transfer the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nashua Corp)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Sellers to transfer the SharesStock.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Greenman Technologies Inc)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to adversely affect the right of the Transferor Parent to transfer the Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mechanical Technology Inc)

Adverse Proceedings. No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person Person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement or which might reasonably be expected to materially and adversely affect the right of the Transferor Seller to transfer the Shares.

Appears in 1 contract

Samples: Share Purchase Agreement (Dynasil Corp of America)

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