Common use of No Proceeding or Litigation Clause in Contracts

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement shall have been instituted and not settled or otherwise terminated.

Appears in 4 contracts

Sources: Asset Transfer Agreement (Union Electric Co), Asset Transfer Agreement (Union Electric Co), Asset Transfer Agreement (Union Electric Co)

No Proceeding or Litigation. No litigationAction, action, suit, investigation, Claim suit or proceeding brought by or on behalf of any Person or Governmental entity challenging the legality of, or seeking to restrain, prohibit prohibit, materially modify or materially modify, rescind the transactions provided for in contemplated by this Agreement agreement shall have been instituted and not settled or otherwise terminated.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Synergy CHC Corp.), Asset Purchase Agreement (Synergy CHC Corp.), Asset Purchase Agreement (Synergy Strips Corp.)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim claim or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement shall have been instituted and not settled or otherwise terminated.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Cardiac Science Inc), Merger Agreement (Elder Beerman Stores Corp)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim claim or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement shall have been instituted by any Governmental Authority in respect of an alleged violation of law or regulation (or, in respect of a litigation, action, suit, investigation, claim or proceeding brought by a private party, no injunction shall have been granted) and not settled or otherwise terminated.;

Appears in 2 contracts

Sources: Purchase Agreement (Rimrock Gold Corp.), Exploration and Option Agreement

No Proceeding or Litigation. No litigation, action, suit, ------------------------------ investigation, Claim claim or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement shall have has been instituted and not settled or otherwise terminated.

Appears in 1 contract

Sources: Asset Purchase Agreement (Trans World Entertainment Corp)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim claim or proceeding brought by or on behalf of any Person or Governmental Authority challenging the legality of, or seeking to restrain, prohibit prohibit, materially modify or materially modifyrescind, the transactions provided for in this Agreement Transactions shall have been instituted and not settled or otherwise terminated.

Appears in 1 contract

Sources: Asset Purchase Agreement (Mediabistro Inc.)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim claim or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement or the Transaction Documents shall have been instituted and not settled or otherwise terminated.

Appears in 1 contract

Sources: Share Purchase Agreement (Evotec SE)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim suit or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, of the transactions provided for in this Agreement shall have been instituted or threatened and not settled or otherwise terminated.terminated on terms and conditions satisfactory to the Seller and no order, statute, rule, regulation, executive order, injunction, stay, decree or restraining order shall have been enacted, entered, promulgated or enforced by any court of competent jurisdiction or Governmental Entity that prohibits or challenges the consummation of the transactions contemplated hereby;

Appears in 1 contract

Sources: Contribution & Membership Interest Purchase Agreement (Pw Eagle Inc)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim or proceeding action challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement shall have been threatened or instituted and not settled or otherwise terminated.

Appears in 1 contract

Sources: Asset Purchase Agreement

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim claim or proceeding challenging the legality of, or seeking to investigate, restrain, prohibit or materially modify, the transactions provided for contemplated in this Agreement shall have been instituted and not settled or otherwise terminated, including without limitation under any foreign antitrust or competition Laws.

Appears in 1 contract

Sources: Stock Purchase Agreement (Universal Electronics Inc)

No Proceeding or Litigation. No litigation, action, suit, investigation, Claim claim or proceeding challenging the legality of, or seeking to restrain, prohibit or materially modify, the transactions provided for in this Agreement shall have been instituted by any Governmental Authority in respect of an alleged violation of law or regulation (or, in respect of a litigation, action, suit, investigation, claim or proceeding brought by a private party, no injunction shall have been granted) and not settled or otherwise terminated.; and

Appears in 1 contract

Sources: Exploration and Option Agreement