Common use of Governmental Order Clause in Contracts

Governmental Order. No Governmental Authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) that is in effect and restrains, enjoins or otherwise prohibits consummation of the transactions contemplated by this Agreement (collectively, an “Order”), and no Governmental Authority shall have instituted any proceeding that is pending seeking any such Order.

Governmental Order. No court or other Governmental Authority Entity of competent jurisdiction shall will have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) that is in effect and restrainswhich prevents, enjoins prohibits or makes the consummation of the Arrangement illegal or otherwise prohibits consummation or enjoins the Corporation or the Purchaser from consummating the Arrangement or any of the other transactions contemplated by in this Agreement (collectively, an “Order”), and no Governmental Authority shall have instituted any proceeding that is pending seeking any such OrderAgreement.