Common use of Legal Constraints Clause in Contracts

Legal Constraints. There shall not have been issued and be in effect ----------------- any injunction, order, decree or judgment of any court or tribunal of competent jurisdiction, or enactment or promulgation of any applicable statute, rule or regulation by any governmental or regulatory authority, prohibiting the consummation of the transactions contemplated by this Agreement or which has the potential to materially adversely affect the value of the Assets or the right of Buyer to own and operate Sellers business or to own and operate Buyer's businesses.

Legal Constraints. There shall not have been issued and be in effect ----------------- any injunction, order, decree or judgment of any court or tribunal of competent jurisdiction, or enactment or promulgation of any applicable statute, rule or regulation by any governmental or regulatory authority, prohibiting the consummation of the transactions contemplated by this Agreement or which has the potential to materially adversely affect the value of the Assets or the right of Buyer to own and operate Sellers business or to own and operate Buyer's businessesAgreement.