Common use of Proceedings and Litigation Clause in Contracts

Proceedings and Litigation. No action shall have been taken by any Governmental Authority against any party hereto seeking to delay the purchase and sale of the Notes and Warrants or other transactions contemplated by the Loan Documents.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Canargo Energy Corp), Waiver and Consent (Canargo Energy Corp)

AutoNDA by SimpleDocs

Proceedings and Litigation. No action shall have been taken by any Governmental Authority against any party hereto seeking to delay the purchase and sale of the Notes and Warrants or other transactions contemplated by the Loan Documents.

Appears in 2 contracts

Samples: Note Purchase Agreement (Canargo Energy Corp), Security Interest Agreement (Canargo Energy Corp)

AutoNDA by SimpleDocs

Proceedings and Litigation. No action shall have been taken by any Governmental Authority against any party hereto seeking to delay the purchase and sale of the Notes and Warrants Note or other transactions contemplated by the Loan Documents.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement, Convertible Note Purchase Agreement (China Tel Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.