Common use of No Bar Clause in Contracts

No Bar. There shall not be in effect any judgment, decree or order of, or position taken by, any Governmental Authority of competent jurisdiction, nor shall there have been any Proceeding instituted or threatened, nor shall any Law have been enacted or any action taken thereunder, which would, in Purchaser’s reasonable judgment, restrain, prohibit, adversely affect, make illegal, or subject Purchaser or the Assets to material damage as a result of, the consummation of the Transactions contemplated hereby;

Appears in 1 contract

Samples: Asset Purchase Agreement (White River Energy Corp.)

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No Bar. There shall will not be in effect any judgment, decree or order of, or position taken by, any Governmental Authority court or administrative body of competent jurisdiction, nor shall will there have been any Proceeding action, suit, proceeding or known investigation instituted or threatened, nor shall will any Law law or regulation have been enacted or any action taken thereunder, which would, in PurchaserBuyer’s reasonable judgment, restrain, restrain or prohibit, adversely affect, make illegal, or subject Purchaser or the Assets Buyer to material damage as a result of, the consummation of the Transactions transactions contemplated hereby;

Appears in 1 contract

Samples: Asset Purchase Agreement (Transcat Inc)

No Bar. There shall will not be in effect any judgment, decree or order of, or position taken by, any Governmental Authority court or administrative body of competent jurisdiction, nor shall will there have been any Proceeding action, suit, proceeding or known investigation instituted or threatened, nor shall will any Law law or regulation have been enacted or any action taken thereunder, which would, in PurchaserSeller’s reasonable judgment, restrain, restrain or prohibit, adversely affect, make illegal, or subject Purchaser or the Assets Seller to material damage as a result of, the consummation of the Transactions transactions contemplated hereby;

Appears in 1 contract

Samples: Asset Purchase Agreement (Transcat Inc)

No Bar. There shall not be in effect any judgment, decree or order of, or position taken by, any Governmental Authority court or administrative body of competent jurisdiction, nor shall there have been any Proceeding action, suit, proceeding or known investigation instituted or threatened, nor shall any Law law or regulation have been enacted or any action taken thereunder, which would, in PurchaserBuyer’s reasonable judgment, restrain, prohibit, adversely affect, make illegal, or subject Purchaser or the Assets Buyer to material damage as a result of, of the consummation of the Transactions transactions contemplated hereby;

Appears in 1 contract

Samples: Asset Purchase Agreement (Saga Communications Inc)

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No Bar. There shall not be in effect any judgment, decree or order of, or position taken by, any Governmental Authority court or administrative body of competent jurisdiction, nor shall there have been any Proceeding action, suit, proceeding or known investigation instituted or threatened, nor shall any Law law or regulation have been enacted or any action taken thereunder, which would, in Purchaser’s Sellers’ reasonable judgment, restrain, restrain or prohibit, adversely affect, make illegal, or subject Purchaser or the Assets Buyer to material damage as a result of, the consummation of the Transactions transactions contemplated hereby;

Appears in 1 contract

Samples: Asset Purchase Agreement (Saga Communications Inc)

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