Common use of Restraining Action Clause in Contracts

Restraining Action. No judgment, order or decree shall have been issued or rendered by any court or other governmental body to restrain or prohibit the Transactions or any material portion of the transactions contemplated hereby.

Restraining Action. No judgment, order or decree shall have been issued or rendered by any court or other governmental body to restrain or prohibit the Transactions or any material portion consummation of the transactions contemplated hereby.

Restraining Action. No judgment, order action or decree proceeding shall have been issued or rendered by any instituted before a court or other governmental body to restrain or prohibit the Transactions or any material portion of the transactions contemplated herebyhereunder and no governmental agency shall have given notice to either party to the effect that (i) consummation of any such transactions would constitute a violation of law or (ii) it intends to commence proceedings to restrain consummation of any such transactions.