Common use of Litigation; Injunctions Clause in Contracts

Litigation; Injunctions. No order of any court or administrative agency shall be in effect which restrains or prohibits the transactions contemplated hereby or which would limit or affect Buyer's ownership or control of the Assets or the Business, or its use of the Facility, and there shall not have been threatened, nor shall there be pending, any action or proceeding by or before any court or governmental agency or other regulatory or administrative agency or commission challenging any of the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (CTB International Corp)

Litigation; Injunctions. No order of any court or administrative agency shall be in effect which restrains or prohibits the transactions contemplated hereby or which would limit or affect Buyer's ownership or control of the Assets or the Business, or its use of the Facilityhereby, and there shall not have been threatened, nor shall there be pending, any action or proceeding by or before any court or governmental agency or other regulatory or administrative agency or commission commission, challenging any of the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Stock Option Agreement (Sabratek Corp)