Common use of Governmental Order Clause in Contracts

Governmental Order. By either HEALTHAXIS or DIGITAL, if any Governmental Authority with jurisdiction over such matters shall have issued a Governmental Order restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated hereby and such order, decree, ruling or other action shall have become final and unappealable, provided, however, that the provisions of this Section 17.1(e) shall not be available to any party unless such party shall have used its reasonable best efforts to oppose any such Governmental Order or to have such Governmental Order vacated or made inapplicable to the transactions contemplated by this Agreement;

Appears in 1 contract

Sources: Asset Purchase Agreement (Healthaxis Inc)

Governmental Order. By either HEALTHAXIS SELLER or DIGITAL, if any Governmental Authority with jurisdiction over such matters shall have issued a Governmental Order restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated hereby and such order, decree, ruling or other action shall have become final and unappealable, provided, however, that the provisions of this Section 17.1(e13.1(d) shall not be available to any party unless such party shall have used its reasonable best efforts to oppose any such Governmental Order or to have such Governmental Order vacated or made inapplicable to the transactions contemplated by this Agreement;.

Appears in 1 contract

Sources: Asset Purchase Agreement (Homecom Communications Inc)