Common use of Compliance with Law; No Legal Restraints; No Litigation Clause in Contracts

Compliance with Law; No Legal Restraints; No Litigation. Subject to Section 9.6, there will not be any issued, enacted or adopted, or threatened in writing by any court, governmental or other authority, any order, decree, temporary, preliminary or permanent injunction, legislative enactment, statute, regulation, action or proceeding by any governmental authority that prohibits or renders illegal or imposes limitations on: (a) the Acquisition or any other material transaction contemplated by this Agreement or any Company Ancillary Agreement; or (b) Buyer’s right (or the right of any subsidiary of Buyer) to own, retain, use or operate any of its products, properties or assets (including equity, properties or assets of Company) on or after consummation of the Acquisition or seeking a disposition or divestiture of any such properties or assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Advanced Semiconductor Engineering Inc), Asset Purchase Agreement (Ase Test LTD)

AutoNDA by SimpleDocs

Compliance with Law; No Legal Restraints; No Litigation. Subject to Section 9.6, there There will not be any issued, enacted or adopted, or threatened in writing by any court, governmental or other authority, any order, decree, temporary, preliminary or permanent injunction, legislative enactment, statute, regulation, action or proceeding by any governmental authority that prohibits or renders illegal or imposes limitations on: (a) the Acquisition or any other material transaction contemplated by this Agreement or any Company Ancillary Agreement; or (b) Buyer’s 's right (or the right of any subsidiary of Buyer) to own, retain, use or operate any of its products, properties or assets (including equity, properties or assets of Company) on or after consummation of the Acquisition or seeking a disposition or divestiture of any such properties or assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Teraforce Technology Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.