Common use of No Adverse Enactments Clause in Contracts

No Adverse Enactments. There will not have been any action taken, or any statute, rule, regulation, order, judgment or decree proposed, enacted, promulgated, entered, issued, enforced or deemed applicable by any foreign or United States federal, state or local Governmental Entity, and there will be no action, suit or proceeding pending or threatened, which (i) makes or is reasonably likely to make this Agreement, the Merger, or any of the other transactions contemplated by this Agreement illegal or imposes or is reasonably likely to impose material damages or penalties in connection therewith; (ii) requires or is reasonably likely to require the divestiture of a material portion of the business of Parent or any of its Subsidiaries if the Merger is consummated, (iii) imposes or is reasonably likely to result in imposition of material limitations on the ability of Parent effectively to exercise full rights of ownership of shares of capital stock of the Surviving Corporation (including the right to vote such shares on all matters properly presented to the stockholders of the Surviving Corporation) or makes the holding by Parent of any such shares illegal or subject to any materially burdensome requirement or condition, (iv) requires or is reasonably likely to require Parent or the Company or any of their respective material Subsidiaries or Affiliates to cease or refrain from engaging in any material business, including any material business conducted by the Company or any of its Subsidiaries, if the Merger is consummated, or (v) increases or is reasonably likely to increase in any material respect the liabilities or obligations of Parent arising out of this Agreement, the Merger, or any of the other transactions contemplated by this Agreement.

No Adverse Enactments. There will not have been any action taken, or any No statute, rule, regulation, law, order, --------------------- judgment or decree proposed, enacted, promulgated, entered, issued, enforced or deemed applicable by any foreign or United States federal, state or local court or other Governmental Entity, and there will Entity of competent jurisdiction shall be no action, suit or proceeding pending or threatened, which in effect that (i) makes or is reasonably likely to make this Agreement, the Merger, Merger or any of the other transactions transaction contemplated by this Agreement hereby illegal or imposes or is reasonably likely to impose material damages or penalties in connection therewith; therewith or otherwise prohibits or unreasonably delays any of such transactions, (ii) requires or is reasonably likely to require require, as a result of the consummation of the Merger, the divestiture of a material or any restrictions or conditions on the conduct of (A) any substantial portion of the business or assets of Parent the Company and its subsidiaries or (B) any substantial portion of the business or assets of Liberty and its Subsidiaries if the Merger is consummatedsubsidiaries, or of any Affiliate of Liberty, (iii) imposes or is reasonably likely to result in imposition of material limitations on the ability of Parent Liberty effectively to exercise full rights of ownership of shares of capital stock or other ownership interests of the Surviving Corporation (including the right to vote such shares or other ownership interests on all matters properly presented to the stockholders or other equity holders of the Surviving Corporation) ), or makes the holding by Parent Liberty of any such shares or other ownership interests illegal or subject to any materially burdensome requirement or condition, or (iv) requires or is reasonably likely to require Parent Liberty or its subsidiaries or any Affiliate of Liberty, or the Company or any of their respective material Subsidiaries or Affiliates its subsidiaries to cease or refrain from engaging in any material business, including in the case of Liberty any material business conducted by the Company or any of its Subsidiaries, if the Merger is consummated, or (v) increases or is reasonably likely subsidiaries prior to increase in any material respect the liabilities or obligations of Parent arising out of this Agreement, the Merger, or any as a result of the other transactions contemplated by this Agreementconsummation of the Merger.

No Adverse Enactments. There will not have been any action taken, or any No statute, rule, regulation, Law, order, judgment or decree proposed, enacted, promulgated, entered, issued, enforced or deemed applicable by any foreign or United States federal, state or local Governmental Entity, and there will Entity of competent jurisdiction shall be no action, suit or proceeding pending or threatened, in effect which (i) makes or is reasonably likely to make this Agreement, the Merger, or any of the other transactions contemplated by this Agreement or the Merger illegal or imposes or is reasonably likely to impose material damages or penalties in connection therewith; , (ii) requires or is reasonably likely to require require, as a result of the consummation of the Merger, the divestiture of or any restrictions or conditions on the conduct of (A) a portion of the business or assets of the Company and its Subsidiaries, taken as a whole, which would have a Material Adverse Effect, or (B) a material portion of the business or assets of Parent or any of Liberty and its Subsidiaries if the Merger is consummatedand Affiliates taken as a whole, (iii) imposes or is reasonably likely to result in imposition of material limitations on the ability of Parent Liberty effectively to exercise full rights of ownership of shares of capital stock or other ownership interests of the Surviving Corporation Entity (including the right to vote such shares or other ownership interests on all matters properly presented to the stockholders or other equity holders of the Surviving CorporationEntity) or makes the holding by Parent Liberty of any such shares or other ownership interests illegal or subject to any materially burdensome requirement or conditioncondition or prohibits the consummation of the Post-Merger Restructuring Transactions, or (iv) requires or is reasonably likely to require Parent Liberty or its Subsidiaries or Affiliates or the Company or any of their respective its material Subsidiaries or Affiliates to cease or refrain from engaging in any material business, including in the case of Liberty any material business conducted by the Company or any of its Subsidiaries, if the Merger is consummated, or (v) increases or is reasonably likely Subsidiaries prior to increase in any material respect the liabilities or obligations of Parent arising out of this Agreement, the Merger, or any as a result of the other transactions contemplated by this Agreementconsummation of the Merger.

No Adverse Enactments. There will not have been any action taken, or any No statute, rule, regulation, law, order, judgment or decree proposed, enacted, promulgated, entered, issued, enforced or deemed applicable by any foreign or United States federal, state or local court or other Governmental Entity, and there will Entity of competent jurisdiction shall be no action, suit or proceeding pending or threatened, which in effect that (i) makes or is reasonably likely to make this Agreement, the Merger, Merger or any of the other transactions transaction contemplated by this Agreement hereby illegal or imposes or is reasonably likely to impose material damages or penalties in connection therewith; therewith or otherwise prohibits or unreasonably delays any of such transactions, (ii) requires or is reasonably likely to require require, as a result of the consummation of the Merger, the divestiture of a material or any restrictions or conditions on the conduct of (A) any substantial portion of the business or assets of Parent the Company and its subsidiaries or (B) any substantial portion of the business or assets of Liberty and its Subsidiaries if the Merger is consummatedsubsidiaries, or of any Affiliate of Liberty, (iii) imposes or is reasonably likely to result in imposition of material limitations on the ability of Parent Liberty effectively to exercise full rights of ownership of shares of capital stock or other ownership interests of the Surviving Corporation (including the right to vote such shares or other ownership interests on all matters properly presented to the stockholders or other equity holders of the Surviving Corporation) ), or makes the holding by Parent Liberty of any such shares or other ownership interests illegal or subject to any materially burdensome requirement or condition, or (iv) requires or is reasonably likely to require Parent Liberty or its subsidiaries or any Affiliate of Liberty, or the Company or any of their respective material Subsidiaries or Affiliates its subsidiaries to cease or refrain from engaging in any material 62 business, including in the case of Liberty any material business conducted by the Company or any of its Subsidiaries, if the Merger is consummated, or (v) increases or is reasonably likely subsidiaries prior to increase in any material respect the liabilities or obligations of Parent arising out of this Agreement, the Merger, or any as a result of the other transactions contemplated by this Agreementconsummation of the Merger.