Common use of Legal Proceedings; Governmental Orders Clause in Contracts

Legal Proceedings; Governmental Orders. (a) Except as set forth in Section 3.17(a) of the Disclosure Schedules, there are no Actions pending or, to the Target Company’s Knowledge, threatened (i) against or by the Target Company affecting any of its properties or assets; or (ii) against or by the Target Company that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. No event has occurred, or circumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (AIRO Group, Inc.), Agreement and Plan of Merger (AIRO Group, Inc.), Agreement and Plan of Merger (AIRO Group, Inc.)

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Legal Proceedings; Governmental Orders. (a) Except as set forth in Section 3.17(a) of the Disclosure Schedules, there are no Actions pending or, to the Target Company’s Knowledge, threatened (i) against or by the Target Company affecting any of its properties or assets; or (ii) against or by the Target Company that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. No event has occurred, occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 3 contracts

Samples: Equity Purchase Agreement (AIRO Group, Inc.), Agreement and Plan of Merger (AIRO Group, Inc.), Equity Purchase Agreement (AIRO Group, Inc.)

Legal Proceedings; Governmental Orders. (a) Except as set forth in Section 3.17(a4.16(a) of the Disclosure Schedules, there are no Actions pending or, to the Target Company’s Knowledge, threatened (ia) against or by the Target Company affecting any of its properties or assets; or (iib) against or by the Target Company that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. No To the Company’s Knowledge, no event has occurred, occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Digital Brands Group, Inc.), Membership Interest Purchase Agreement (Digital Brands Group, Inc.), Membership Interest Purchase Agreement (Digital Brands Group, Inc.)

Legal Proceedings; Governmental Orders. (a) Except as set forth in Section 3.17(a) of the Disclosure Schedules, there are no Actions pending or, to the Target Company’s Knowledge, threatened (ia) against or by the Target Company affecting any of its properties or assets; or (iib) against or by the Target Company that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. No To the Company’s Knowledge, no event has occurred, occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (SRAX, Inc.), Agreement and Plan of Merger (GigCapital2, Inc.), Agreement and Plan of Merger (GigCapital2, Inc.)

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Legal Proceedings; Governmental Orders. (a) Except as set forth in Section 3.17(adisclosed herein (Schedule 3.10(a)) of the Disclosure Schedules, there are no Actions pending or, to the Target Company’s Target's Knowledge, threatened (ia) against or by the Target Company affecting any of its properties or assets; or (iib) against or by the Target Company that challenges or seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. No event has occurred, occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cruzani, Inc.)

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