Common use of Orders, Etc Clause in Contracts

Orders, Etc. No action, suit or proceeding shall have been commenced or shall be pending or threatened, and no statute, rule, regulation or order shall have been enacted, promulgated, issued or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Body or court that reasonably may be expected to (i) prohibit Buyer’s ownership or operation of all or a material portion of the assets of any of the Subject Companies, or compel Buyer to dispose of or hold separate all or a material portion of the business or assets of either Buyer or any of the Subject Companies, as a result of the transactions contemplated by this Agreement or (ii) prohibit consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Merger Agreement (K-Sea Transportation Partners Lp)

Orders, Etc. No action, suit or proceeding shall have been commenced or shall be pending or threatened, and no statute, rule, regulation or order shall have been enacted, promulgated, issued or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Body or court that reasonably may be expected to (i) prohibit prohibit, restrain or otherwise interfere with Buyer’s ownership or operation of all or a material portion of the assets of any of the Subject CompaniesPurchased Assets, or compel Buyer to dispose of or hold separate all or a material portion of the Buyer’s or any Seller’s business or assets of either Buyer or any of the Subject Companiesassets, as a result of the transactions contemplated by this Agreement or Agreement, (ii) prohibit consummation of the transactions contemplated by this AgreementAgreement or (iii) result in the imposition of material damages or other relief from Buyer.

Appears in 1 contract

Sources: Asset Purchase Agreement (Teppco Partners Lp)

Orders, Etc. No action, suit or proceeding shall have been commenced or shall be pending or threatened, and no statute, rule, regulation or order shall have been enacted, promulgated, issued or deemed applicable to the transactions contemplated by this Agreement, by any Governmental Body or court that reasonably may be expected to (i) prohibit prohibit, restrain or otherwise interfere with Buyer’s ownership or operation of all or a material portion of the assets of any of the Subject CompaniesPurchased Assets, or compel Buyer to dispose of or hold separate all or a material portion of Buyer’s or the Seller’s business or assets of either Buyer or any of the Subject Companiesassets, as a result of the transactions contemplated by this Agreement or Agreement, (ii) prohibit consummation of the transactions contemplated by this AgreementAgreement or (iii) result in the imposition of material damages or other relief from Buyer.

Appears in 1 contract

Sources: Asset Purchase Agreement (Teppco Partners Lp)