Common use of Pending Matters Clause in Contracts

Pending Matters. At Closing, no suit or action shall have been instituted or threatened that questions or reasonably appears to adversely materially affect the validity or legality of this Agreement or the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Vtex Energy Inc), Purchase and Sale Agreement (Vtex Energy Inc), Purchase and Sale Agreement (Vector Energy Corp /Texas/)

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Pending Matters. At Closing, no suit or action shall have been ----------------- instituted or threatened that questions or reasonably appears to adversely materially affect the validity or legality of this Agreement or the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Asset Transfer Agreement (Sunburst Acquisitions Ii Inc), Asset Transfer Agreement (Sunburst Acquisitions Ii Inc)

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Pending Matters. At Closing, no suit or action shall have been instituted or threatened that questions or reasonably appears to adversely materially affect portend subsequent questioning of the validity or legality of this Agreement or the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Costilla Energy Inc)

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