Common use of No Governmental Proceeding or Litigation Clause in Contracts

No Governmental Proceeding or Litigation. No suit, action, investigation, inquiry or other proceeding by any governmental body or other Person or entity or legal or administrative proceeding shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby or which if successfully asserted would otherwise have a material adverse effect on the conduct of Target's business or on its properties..

Appears in 3 contracts

Samples: Merger Agreement (Inid Corp), Merger Agreement (Achievement Investments Inc), Plan of Merger (Inid Corp)

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No Governmental Proceeding or Litigation. No suit, action, investigation, inquiry or other proceeding by any governmental body or other Person or entity or legal or administrative proceeding shall have been instituted or threatened which questions the validity or legality of the transactions contemplated hereby or which if successfully asserted would otherwise have a material adverse effect on the conduct of Target's ’s business or on its properties...

Appears in 1 contract

Samples: Merger Agreement (Stone Field Management Co)

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