Common use of Proceedings; Orders Clause in Contracts

Proceedings; Orders. (a) There is no pending Proceeding, and to the Knowledge of the Company, no Person has threatened to commence any Proceeding (i) that involves the Company or that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Transactions. To the Knowledge of the Company, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would directly or indirectly give rise to or serve as a basis for the commencement of any such Proceeding.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cybersource Corp), Agreement and Plan of Merger (Coyote Network Systems Inc)

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Proceedings; Orders. (a) There is no pending Proceeding, and to the Knowledge knowledge of the Company, no Person has threatened to commence any Proceeding (i) that involves the Company or that otherwise relates to or likely would affect the Company's ’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Transactions. To the Knowledge knowledge of the Company, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would directly or indirectly give rise to or serve as a basis for the commencement of any such Proceeding.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bea Systems Inc), Stock Purchase Agreement (Bea Systems Inc)

Proceedings; Orders. (a) There is no pending Proceeding, and to the Knowledge of the Company, no Person has threatened to commence any Proceeding Proceeding: (i) that involves the Company or that otherwise relates to or likely would affect the Company's business ’s Assets or any of the assets owned or used by the Company Liabilities (whether or not the Company is named as a party thereto); or (ii) that challenges, or that may would reasonably be expected to have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Transactions. To No event has occurred, and to the Knowledge of the Company, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would reasonably be expected to give rise, directly or indirectly give rise indirectly, to or serve as a basis for the commencement of any such Proceeding.

Appears in 1 contract

Samples: Stock Purchase Agreement (Webmediabrands Inc.)

Proceedings; Orders. (a) There is no Proceeding pending Proceedingagainst any of the Company Persons, and and, to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding Proceeding: (i) that involves the Company Persons or that otherwise relates to or is reasonably likely would to affect the Company's ’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the TransactionsTransaction. To the Knowledge of the Company, no No event has occurred, and no claim, dispute or other condition or circumstance exists, that is reasonably likely would to directly or indirectly give rise to or serve as a basis for the commencement of any such Proceeding.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aclaris Therapeutics, Inc.)

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Proceedings; Orders. (a) There To the Knowledge of the Company, there is no pending Proceeding, and to the Knowledge of the Company, no Person has threatened to commence any Proceeding (i) that involves the Company or that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Transactions. To the Knowledge of the Company, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would directly or indirectly give rise to or serve as a basis for the commencement of any such ProceedingProceeding which could reasonably have a material adverse effect on the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PLX Technology Inc)

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