Common use of No Action Clause in Contracts

No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the transactions contemplated hereby and thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 23 contracts

Samples: Subscription Agreement (Hillhouse Capital Advisors, Ltd.), Investment Agreement (Ali YK Investment Holding LTD), Subscription Agreement (SouFun Holdings LTD)

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No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the transactions contemplated hereby and thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 19 contracts

Samples: Subscription Agreement (Ho Chi Sing), Subscription Agreement (Ho Chi Sing), Subscription Agreement (Legend Biotech Corp)

No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the Shareholders Agreement or the transactions contemplated hereby and or thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 4 contracts

Samples: Investment Agreement (Alibaba Group Holding LTD), Investment Agreement (Ali YK Investment Holding LTD), Investment Agreement (Alibaba Group Holding LTD)

No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documentsthis Agreement, nor any Proceeding challenging any Transaction Document this Agreement or the transactions contemplated hereby and or thereby, or seeking to prohibit, alter, prevent or delay the Closingdelivery of the Sale Shares or the payment of the Purchase Price, shall have been instituted or being be pending before any Governmental Authority.

Appears in 2 contracts

Samples: Share Purchase Agreement (NQ Mobile Inc.), Share Purchase Agreement (NQ Mobile Inc.)

No Action. No Law judgment, order, injunction or Judgment decree entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the transactions contemplated hereby and thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 2 contracts

Samples: Subscription Agreement (Sun Qifeng), Subscription Agreement (Kong Jianping)

No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documentsthis Agreement, nor any Proceeding challenging any Transaction Document this Agreement or the transactions contemplated hereby and thereby, or seeking to prohibit, alter, prevent or delay the Closingdelivery of the Sale Shares or the payment of the Purchase Price, shall have been instituted or being be pending before any Governmental Authority.

Appears in 2 contracts

Samples: Share Purchase Agreement (NQ Mobile Inc.), Share Purchase Agreement (NQ Mobile Inc.)

No Action. No Law Law, judgment, order, injunction or Judgment decree entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the transactions contemplated hereby and thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 2 contracts

Samples: Subscription Agreement (Kong Jianping), Subscription Agreement (Sun Qifeng)

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No Action. No Law or Judgment enacted, issued, promulgated, enforced or entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoinshave enjoined, prohibits prohibited or materially alters altered the terms of the transactions contemplated by Transactions or had the effect of making the Transaction Documentsillegal, nor any and no Proceeding challenging any Transaction Document or the transactions contemplated hereby and therebyTransactions, or seeking to prohibit, alter, prevent or delay the Transaction or any Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 1 contract

Samples: Share Purchase Agreement (Xpeng Inc.)

No Action. No Law or Judgment enacted, issued, promulgated, enforced or entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoinshave enjoined, prohibits prohibited or materially alters altered the terms of Transactions or had the transactions contemplated by effect of making the Transaction Documentsillegal, nor any and no Proceeding challenging any Transaction Document or the transactions contemplated hereby and therebyTransactions, or seeking to prohibit, alter, prevent or delay the Transactions or any Closing, shall have been instituted or being pending before any Governmental Authority.

Appears in 1 contract

Samples: Share Purchase Agreement (Xpeng Inc.)

No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the transactions contemplated hereby and or thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being be pending before any Governmental Authority.

Appears in 1 contract

Samples: Share Purchase Agreement (Alibaba Group Holding LTD)

No Action. No Law or Judgment entered by or with any Governmental Authority with competent jurisdiction, shall be in effect that enjoins, prohibits or materially alters the terms of the transactions contemplated by the Transaction Documents, nor any Proceeding challenging any Transaction Document or the transactions contemplated hereby and thereby, or seeking to prohibit, alter, prevent or delay the Closing, shall have been instituted or being be pending before any Governmental Authority.

Appears in 1 contract

Samples: Share Purchase Agreement (Alibaba Group Holding LTD)

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