Common use of Litigation; Injunctions Clause in Contracts

Litigation; Injunctions. No action, suit, litigation, injunction, restraining order, proceeding or investigation shall (i) have been instituted and be pending, or (ii) be threatened by any Person or Governmental Authority, which would materially and adversely affect the Merger and the other transactions contemplated by this Agreement. On the Closing Date, there shall not be in force any proceeding, order or decree restraining or enjoining consummation of the Merger or the other transactions contemplated by this Agreement, or placing any limitation upon such consummation or to invalidate, suspend or require modification of any provision of this Agreement.

Appears in 1 contract

Sources: Merger Agreement (Sb Merger Corp)

Litigation; Injunctions. No action, suit, litigation, injunction, restraining order, proceeding or investigation shall (i) have been formally instituted and be pending, or (ii) be threatened by any Person or Governmental Authorityparty, which which, if resolved substantially in accordance with the plaintiff's demands, would be reasonably likely to materially and adversely affect the Merger and the other transactions contemplated by this Agreement. On the Closing Date, there shall not be in force any proceeding, order or decree restraining or enjoining consummation of the Merger or the other transactions contemplated by this Agreement, or placing any limitation upon such consummation or to invalidate, suspend or require modification of any provision of this Agreement.

Appears in 1 contract

Sources: Agreement and Plan of Recapitalization (Jackson Hewitt Inc)