Common use of No Action/Proceeding Clause in Contracts

No Action/Proceeding. No action or proceeding before a court or any other governmental agency or body shall have been instituted or threatened to restrain or prohibit the transaction herein contemplated, and no governmental agency or body shall have taken any other action or made any request of Huffy or Sellers or Purchaser as a result of which Purchaser reasonably and in good fait▇ ▇▇▇▇▇ ▇▇▇t to proceed with the transactions hereunder may constitute a violation of law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Huffy Corp), Asset Purchase Agreement (Evenflo & Spalding Holdings Corp)

No Action/Proceeding. No action or proceeding before a court or any other governmental agency or body shall have been instituted or threatened to restrain or prohibit the transaction herein contemplated, and no governmental agency or body shall have taken any other action or made any request of Huffy or Sellers or Purchaser as a result of which Purchaser reasonably Huffy and in good fait▇ ▇▇▇▇▇ ▇▇▇t to proceed with the transactions hereunder may constitute a violation of law.Sellers

Appears in 1 contract

Sources: Asset Purchase Agreement (Evenflo & Spalding Holdings Corp)

No Action/Proceeding. No action or proceeding before a court or any other governmental agency or body shall have been instituted or threatened to restrain or prohibit the transaction herein contemplated, and no governmental agency or body shall have taken any other action or made any request of Huffy or Sellers or Purchaser as a result of which Purchaser Huffy and Sellers reasonably and in good fait▇ ▇▇▇▇ ▇▇▇t to proceed with the transactions hereunder may constitute a violation of law.

Appears in 1 contract

Sources: Asset Purchase Agreement (Huffy Corp)