No Restraining Litigation Clause Samples
The "No Restraining Litigation" clause establishes that neither party is prevented from initiating or continuing legal proceedings related to the agreement. In practice, this means that even if the parties are engaged in negotiations, mediation, or other forms of dispute resolution, they retain the right to pursue litigation in court at any time. This clause ensures that parties are not contractually barred from seeking judicial remedies, thereby preserving their legal rights and preventing delays in resolving disputes.
No Restraining Litigation. To its knowledge, there is no action, suit, proceeding, claim or investigation by any person, entity, administrative agency or governmental body pending or, to its knowledge, threatened, against it before any court or governmental agency that seeks substantial damages in connection with, or seeks to restrain, enjoin, materially impair or prohibit the consummation of all or part of the transaction contemplated in this Agreement.
No Restraining Litigation. To its knowledge and subject to those matters listed in Exhibit C, there is no action, suit, proceeding, claim or investigation by any person, entity, administrative agency or governmental body pending or, to its knowledge, threatened, against it before any court or governmental agency that seeks to restrain or prohibit, or to obtain substantial damages from it, with respect to this Agreement or the consummation of all or part of the transaction contemplated in this Agreement.
No Restraining Litigation. To Buyer’s Knowledge, there is no Action by any Person pending or threatened, against Buyer before any Governmental Authority that seeks substantial damages in connection with, or seeks to restrain, enjoin, materially impair or prohibit the consummation of all or part of the transaction contemplated in this Agreement.
No Restraining Litigation. (A) There are no actions, suits, claims, investigations, or legal, arbitration, or administrative proceedings in progress, pending or, to the best knowledge of Seller, threatened against any Seller with respect to the consummation of the transactions contemplated by this Agreement.
(B) No action, suit, or proceeding has been instituted or, to the best knowledge of Seller, is threatened to restrain or prohibit or otherwise challenge the legality or validity of the transactions contemplated by this Agreement.
No Restraining Litigation. There is no suit, action, claim, investigation or inquiry by any Person or entity or by any administrative agency or Governmental Authority and no legal, administrative or arbitration proceeding pending or, to Seller’s Knowledge, threatened against Seller or any Affiliate of Seller or the Assets, or any of them, that has materially affected or will materially affect Seller’s ability to consummate the transactions contemplated by this Agreement.
No Restraining Litigation. To its knowledge, other than as described in Exhibit P, there is no action, suit, proceeding, claim or investigation by any person, entity, administrative agency or governmental body pending or, to its knowledge, threatened, against it before any court or governmental agency that seeks substantial damages in connection with, or seeks to restrain, enjoin, materially impair or prohibit the consummation of all or part of the transactions contemplated in the Transaction Documents or associated with any Closing provided for hereunder except as otherwise disclosed prior to the applicable Closing Date.
No Restraining Litigation. There are no pending or, to the best of Michael's knowledge without further investigation, threatened claims, lawsuits, administrative proceedings, or governmental investigations or inquiries involving Michael's right to consummate the sale contemplated hereunder.
No Restraining Litigation. There are no pending or, to the best of Conoco's knowledge without further investigation, threatened claims, lawsuits, administrative proceedings, or governmental investigations or inquiries involving Conoco's right to consummate the sale contemplated hereunder.