Common use of No Litigation Threatened Clause in Contracts

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Company, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company as a result of which the Purchaser deems it inadvisable to proceed with the transaction.

Appears in 5 contracts

Samples: Capital Stock Purchase Agreement (Venus Beauty Supply Inc), Capital Stock Purchase Agreement (Used Kar Parts Inc), Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc)

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No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanyPurchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Company or Purchaser or the Company as a result of which the Purchaser Company deems it inadvisable to proceed with the transaction.

Appears in 5 contracts

Samples: Capital Stock Purchase Agreement (Venus Beauty Supply Inc), Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc), Warrant Purchase Agreement (Siricomm Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanyPurchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Selling Shareholder or Purchaser or the Company as a result of which the Purchaser Selling Shareholder deems it inadvisable to proceed with the transaction.

Appears in 4 contracts

Samples: Capital Stock Purchase Agreement (Marketshare Recovery Inc), Capital Stock Purchase Agreement (Palomar Enterprises Inc), Stock Purchase Agreement (R R Biotech Partners LLC)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanyPurchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Seller or Purchaser or the Company as a result of which the Purchaser Seller deems it inadvisable to proceed with the transaction.

Appears in 3 contracts

Samples: Capital Stock Purchase Agreement (Bad Toys Inc), Capital Stock Purchase Agreement (Deziel Robert E), Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanySeller, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company Seller as a result of which the Purchaser deems it inadvisable to proceed with the transaction.

Appears in 3 contracts

Samples: Capital Stock Purchase Agreement (Bad Toys Inc), Capital Stock Purchase Agreement (Donar Enterprises Inc), Capital Stock Purchase Agreement (Deziel Robert E)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanySelling Shareholders, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company Selling Shareholders as a result of which the Purchaser deems it inadvisable to proceed with the transaction.

Appears in 2 contracts

Samples: Capital Stock Purchase Agreement (Marketshare Recovery Inc), Capital Stock Purchase Agreement (Palomar Enterprises Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanySelling Shareholder, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company Selling Shareholder as a result of which the Purchaser deems deem it inadvisable to proceed with the transaction.

Appears in 2 contracts

Samples: Stock Purchase Agreement (R R Biotech Partners LLC), Stock Purchase Agreement (Turquoise Partners LLC)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanySellers, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company Sellers as a result of which the Purchaser deems it inadvisable to proceed with the transaction.

Appears in 2 contracts

Samples: Capital Stock Purchase Agreement (BAD TOYS Holdings, Inc.), Capital Stock Purchase Agreement (BAD TOYS Holdings, Inc.)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanySeller or Xxxxxxxxx, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company Seller or Xxxxxxxxx as a result of which the Purchaser deems it inadvisable to proceed with the transaction.

Appears in 1 contract

Samples: Capital Stock Purchase Agreement (Fountain Pharmaceuticals Inc)

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No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the CompanyPurchaser, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser Seller or the Company Purchaser as a result of which the Purchaser Seller deems it inadvisable to proceed with the transaction.. Initials: / ARTICLE 8

Appears in 1 contract

Samples: Capital Stock Purchase Agreement (Donar Enterprises Inc)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Company, shall have been or threatened before a court or other governmental government body or by any public authority authority, and no claim shall have been asserted or threatened to be asserted, to restrain or prohibit any of the transactions contemplated herein. No governmental agency or body hereby, and the Purchaser shall have taken any other action or made any request of the Purchaser or delivered to the Company a certificate, dated the Closing Date, as a result to the Purchaser's lack of which the Purchaser deems it inadvisable to proceed with the transactionknowledge of any such action, proceeding or claim.

Appears in 1 contract

Samples: Merger Agreement (Interactive Magic Inc /Md/)

No Litigation Threatened. No action or proceeding shall have been ------------------------- instituted or, to the knowledge of the CompanySeller, shall have been threatened before a court or other governmental body or by any public authority to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company Seller as a result of which the Purchaser deems it inadvisable to proceed with the transaction.

Appears in 1 contract

Samples: Securities Purchase Agreement (Taylor Madison Corp)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge of the Company, shall have been or threatened before a court or other governmental government body or by any public authority authority, and no claim shall have been asserted or threatened to be asserted, to restrain or prohibit any of the transactions contemplated herein. No governmental agency or body hereby, and the Company and the Management Shareholders shall have taken any other action or made any request of delivered to the Purchaser a certificate, dated the Closing Date, as to the Company's and the Management Shareholders' lack of knowledge of any such action, proceeding or the Company as a result of which the Purchaser deems it inadvisable to proceed with the transactionclaim.

Appears in 1 contract

Samples: Merger Agreement (Interactive Magic Inc /Md/)

No Litigation Threatened. No action or proceeding shall have been instituted or, to the knowledge best of the CompanyPurchaser's knowledge, shall have been threatened before a any court or other governmental body department, agency, commission, board, bureau, or instrumentality, domestic or foreign, or by any public authority in connection with Purchaser's business or to restrain or prohibit the transactions contemplated herein. No governmental agency or body shall have taken any other action or made any request of the Purchaser or the Company as a result of which the Purchaser deems it inadvisable to proceed with the transactiontransactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (4Licensing Corp)

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