Common use of No Adverse Proceeding Clause in Contracts

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Rankin Automotive Group Inc), Asset Purchase Agreement (Rankin Automotive Group Inc), Asset Purchase Agreement (Parts Source Inc)

AutoNDA by SimpleDocs

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Maxwell Shoe Co Inc), Asset Purchase Agreement (Filenes Basement Corp), Asset Purchase Agreement (Value City Department Stores Inc /Oh)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency Entity or any other Person in which it is sought to restrain or prohibit the transactions contemplated by this Agreement or which otherwise makes it inadvisable, in the reasonable opinion of Buyer, to consummate the transactions contemplated by this Agreement, because it may have the effect of preventing, materially delaying or making illegal or otherwise interfering with the transaction contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Craftmade International Inc), Asset Purchase Agreement (Alamo Group Inc)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain restrain, prohibit or prohibit question the validity or legality of the transactions contemplated by this Agreement, nor shall any such suit, action or proceeding under any applicable antitrust Law, rule or regulation be threatened by any Governmental Agency.

Appears in 2 contracts

Samples: Asset Purchase Agreement (JPS Automotive Products Corp), Asset Purchase Agreement (Safety Components International Inc)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit or question the validity or legality of the transactions contemplated by this Agreement, nor shall any such suit, action or proceeding under any applicable antitrust law, rule or regulation be threatened by any Governmental Agency.

Appears in 1 contract

Samples: Equity Purchase Agreement (Collins & Aikman Corp)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit or question the validity or legality of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eagle Family Foods Inc)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit or question the validity or legality of the transactions contemplated by this Agreement., nor shall any such suit, action or proceeding under any applicable antitrust Law, rule or regulation be threatened by any Governmental Agency. 50

Appears in 1 contract

Samples: Asset Purchase Agreement (Safety Components International Inc)

AutoNDA by SimpleDocs

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any a Governmental Agency or any other Person Authority in which it is sought to restrain restrain, prohibit or prohibit question the validity or legality of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insilco Corp/De/)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain or prohibit or question the validity or legality of the transactions contemplated by this Agreement, nor shall any such suit, action or proceeding under any applicable antitrust Law, rule or regulation be threatened by any Governmental Agency.

Appears in 1 contract

Samples: Asset Purchase Agreement (JPS Automotive Products Corp)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency or any other Person in which it is sought to restrain restrain, prohibit or prohibit question the validity or legality of the transactions contemplated by this Agreement, nor shall any such suit, action or proceeding under any applicable antitrust law, rule or regulation be threatened by any Governmental Agency.

Appears in 1 contract

Samples: Equity Purchase Agreement (Collins & Aikman Corp)

No Adverse Proceeding. As of the Closing Date, there shall not have been instituted or be pending or threatened any suit, action or other proceeding by any Governmental Agency governmental agency or any other Person person in which it is sought to restrain or prohibit prohibit, or question the validity or legality of the transactions contemplated by this AgreementAgreement or seeking to obtain material damages in connection with such transactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Arch Capital Group LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.