No Legislation Sample Clauses
The "No Legislation" clause establishes that the agreement is not intended to create, modify, or interpret any laws or legislative obligations between the parties. In practice, this means that the contract is strictly a private arrangement and does not seek to impose requirements that would be binding under statutory law or influence legislative processes. This clause is commonly used to clarify that the parties' commitments are contractual only, thereby preventing any misunderstanding that the agreement could have broader legal or regulatory effects beyond its intended scope.
No Legislation. No statute, rule or regulation shall have been enacted which prohibits or restricts the consummation of the transactions contemplated hereby.
No Legislation. No legislation (whether by statute, regulation, rule, or otherwise) shall have been enacted or introduced subsequent to the date of this Agreement which, in the reasonable opinion of Stockholders, materially and adversely affects or may materially and adversely affect the operations, business, or prospects of Envision.
No Legislation. No Law shall prohibit or restrict the consummation of the Transactions.
No Legislation. No action shall have been taken, and no statute, rule or regulation shall have been enacted, by any Governmental Entity which would prevent the consummation of the transactions contemplated hereby.
No Legislation. No legislation (whether by statute, regulation, rule, or otherwise) shall have been enacted or introduced subsequent to the date of this Agreement which, in the reasonable opinion of Envision, materially and adversely affects or may materially and adversely affect the operations, business, properties or prospects of QV.
No Legislation. No action shall have been taken, and no statute, rule or regulation shall have been enacted, by any state or federal government, Governmental Entity or Industry Compliance Entity in the United States which would prevent the consummation of the Merger or make the consummation of the Merger illegal.
No Legislation. No legislation (whether by statute, regulation or otherwise) shall have been enacted or introduced subsequent to the date of this Agreement which, in the reasonable opinion of IBS, materially and adversely affects or may materially and adversely affect the operations, business or prospects of the Company.
No Legislation. 45 Section 8.5
No Legislation. No legislation (whether by statute, regulation or otherwise) has been enacted or introduced subsequent to the date of this Agreement which, in the reasonable opinion of Buyer, materially and adversely affects or may materially and adversely affect the operations, business or prospects of Halonet.
No Legislation. 41 Section 7.7 Corporate Authorization ............................................... 41 Section 7.8 Waiver of Options ..................................................... 41 Section 7.9 Regulatory Approvals .................................................. 41