Common use of Proceedings and Orders Clause in Contracts

Proceedings and Orders. Neither Purchaser, nor any director, officer, affiliate or 5% or greater shareowner of Purchaser, during the last ten years, was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws, or has been convicted of fraud or felony charges or restricted in conducting any business activity.

Appears in 9 contracts

Samples: Common Stock Purchase Agreement (Asia Select Acquisition Iii Corp), Common Stock Purchase Agreement (Winrock International, Inc.), Common Stock Purchase Agreement (Glacier Enterprises, Inc.)

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