Injunction, Litigation, etc. No Actions by any Governmental Authority or any other Person shall have been instituted for the purpose of enjoining or preventing, or which question the validity or legality of, the transactions contemplated hereby and which could reasonably be expected to damage Holding, the AAC Companies or the Shareholders materially if the transactions contemplated hereby are consummated.
Appears in 1 contract
Sources: Asset Contribution and Securities Purchase Agreement (Asset Acceptance Capital Corp)
Injunction, Litigation, etc. No Actions by any Governmental Authority or any other Person shall have been instituted for the purpose of enjoining or preventing, or which question the validity or legality of, the transactions contemplated hereby and which could reasonably be expected to damage Holding, the AAC Companies Company materially or impair the Shareholders materially Company's ability to own and control the Business and the Contributed Assets if the transactions contemplated hereby are consummated.
Appears in 1 contract
Sources: Asset Contribution and Securities Purchase Agreement (Asset Acceptance Capital Corp)