Common use of No Litigation, Etc Clause in Contracts

No Litigation, Etc. No action, investigation, litigation or arbitration or proceeding by or before any Governmental Authority, or before any arbitral, mediation panel or tribunal of any kind shall have been instituted or threatened (i) to restrain or prohibit the transactions contemplated by this Agreement or (ii) to claim that the consummation of any such transaction is illegal or (iii) which, if determined adversely, would effect adversely Guardian or Vairex following consummation of the transactions contemplated hereby and the Companies shall have delivered to each other certificates dated as of the Closing Date and executed by such parties, stating that to their Best Knowledge, no such items exist. No Governmental Authority or arbitral or mediation panel or tribunal of any kind shall have taken any other action as a result of which the management of Vairex, in its sole discretion, reasonably deems it inadvisable to proceed with the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Guardian Technologies International Inc), Agreement and Plan of Merger (Guardian Technologies International Inc)

AutoNDA by SimpleDocs

No Litigation, Etc. No action, investigation, litigation or arbitration or proceeding by or before any Governmental Authority, or before any arbitral, mediation panel or tribunal of any kind shall have been instituted or threatened (i) to restrain or prohibit the transactions contemplated by this Agreement Agreement, or (ii) to claim that the consummation of any such transaction is illegal or (iii) which, if determined adversely, would effect adversely Guardian xXX or Vairex Scarab following consummation of the transactions contemplated hereby and the Companies Scarab shall have delivered to each other certificates xXX a certificate dated as of the Closing Date and executed by such partiesScarab, stating that to their its Best Knowledge, no such items exist. No Governmental Authority governmental authority or arbitral or arbitral, mediation panel or tribunal of any kind shall have taken any other action as a result of which the management of VairexxXX, in its sole discretion, reasonably deems it inadvisable to proceed with the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Irv Inc)

No Litigation, Etc. No action, investigation, litigation or arbitration or proceeding by or before any Governmental Authority, or before any arbitral, mediation panel or tribunal of any kind shall have been instituted or threatened (i) to restrain or prohibit the transactions contemplated by this Agreement or (ii) to claim that the consummation of any such transaction is illegal or (iii) which, if determined adversely, would effect adversely Guardian xXX or Vairex Scarab following consummation of the transactions contemplated hereby and the Companies shall have delivered to each other certificates dated as of the Closing Date and executed by such parties, stating that to their Best Knowledge, no such items exist. No Governmental Authority or arbitral or mediation panel or tribunal of any kind shall have taken any other action as a result of which the management of VairexScarab, in its sole discretion, reasonably deems it inadvisable to proceed with the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Irv Inc)

No Litigation, Etc. No action, investigation, litigation or arbitration or proceeding by or before any Governmental Authority, or before any arbitral, mediation panel or tribunal of any kind shall have been instituted or threatened (i) to restrain or prohibit the transactions contemplated by this Agreement Agreement, or (ii) to claim that the consummation of any such transaction is illegal or (iii) which, if determined adversely, would effect adversely Guardian or Vairex following consummation of the transactions contemplated hereby and the Companies Vairex shall have delivered to each other certificates Guardian a certificate dated as of the Closing Date and executed by such partiesVairex, stating that to their its Best Knowledge, no such items exist. No Governmental Authority governmental authority or arbitral or arbitral, mediation panel or tribunal of any kind shall have taken any other action as a result of which the management of VairexGuardian, in its sole discretion, reasonably deems it inadvisable to proceed with the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Guardian Technologies International Inc)

AutoNDA by SimpleDocs

No Litigation, Etc. No action, investigation, litigation or arbitration or proceeding by or before any Governmental Authority, or before any arbitral, mediation panel or tribunal of any kind shall have been instituted or threatened (i) to restrain or prohibit the transactions contemplated by this Agreement Agreement, or (ii) to claim that the consummation of any such transaction is illegal or (iii) which, if determined adversely, would effect adversely Guardian GAI or Vairex ABS or Shareholder following consummation of the transactions contemplated hereby and the Companies ABS and Shareholder shall have delivered to each other certificates GAI a certificate dated as of the Closing Date and executed by such partiesABS and Shareholder, stating that to their its Best Knowledge, no such items exist. No Governmental Authority governmental authority or arbitral or arbitral, mediation panel or tribunal of any kind shall have taken any other action as a result of which the management of VairexGAI, in its sole discretion, reasonably deems it inadvisable to proceed with the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Global Casinos Inc)

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