Common use of Pending or Threatened Litigation Clause in Contracts

Pending or Threatened Litigation. There shall not be pending nor shall there be threatened any legal proceeding commenced by any governmental body, or any other person or entity, in which there is sought any order, injunction, ruling or decree by a court or administrative agency of competent jurisdiction, that would prohibit the consummation of the transactions contemplated by this Agreement, or that would impair materially the ability of Purchaser to realize the benefits of such transaction.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Avalon Globocare Corp.), Stock Purchase Agreement (Vertical Health Solutions Inc), Stock Purchase Agreement (Dynamic Health Products Inc)

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Pending or Threatened Litigation. There shall not be any pending nor shall there be threatened any legal proceeding commenced by any governmental bodygovernment authorities, or any other person or entity, in which there is sought any order, injunction, ruling or decree by a court or administrative agency of competent jurisdictionthird parties, that would prohibit the consummation of the transactions contemplated by this Agreement, or that would impair materially the ability of Purchaser to realize the benefits of such transaction.

Appears in 1 contract

Samples: Stock Purchase Agreement (America Great Health)

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Pending or Threatened Litigation. There shall not be pending nor shall there be threatened any legal proceeding commenced by any governmental body, or any other person or entity, in which there is sought any order, injunction, ruling or decree by a court or administrative agency of competent jurisdiction, that would prohibit the consummation of the transactions contemplated by this Agreement, or that would impair materially the ability of Purchaser DYHP to realize the benefits of such transaction.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dynamic Health Products Inc)

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