Common use of No Action or Proceedings Clause in Contracts

No Action or Proceedings. No statute, rule, regulation, decree, order or injunction shall have been promulaged, enacted or entered by any Governmental Agency or judicial authority and be in effect which would prohibit the consummation of the transactions contemplated by this Agreement and no action or proceeding by or before any court or other Governmental Agency shall have been instituted or threatened by any party to restrain or prohibit Shareholders or Target from consummating the transactions contemplated by this Agreement.

No Action or Proceedings. No statute, rule, regulationregulations, decree, order or injunction shall have been promulagedpromulgated, enacted or entered by any Governmental Agency or judicial authority and be in effect which would prohibit the consummation of the transactions contemplated by this Agreement and no action or proceeding by or before any court or other Governmental Agency shall have been instituted or threatened by any party to restrain or prohibit Shareholders Buyer or Target Parent from consummating the transactions contemplated by this Agreement.

No Action or Proceedings. No statute, rule, regulationregulations, decree, order or injunction shall have been promulagedpromulgated, enacted or entered by any Governmental Agency or judicial authority and be in effect which would prohibit the consummation of the transactions contemplated by this Agreement and no action or proceeding by or before any court or other Governmental Agency shall have been instituted or threatened by any party to restrain or prohibit Shareholders Seller, GEMC or Target the Company from consummating the transactions contemplated by this Agreement.

No Action or Proceedings. No statute, rule, regulation, decree, order or injunction shall have been promulagedpromulgated, enacted or entered by any an Governmental Agency or judicial authority and be in effect which would prohibit the consummation of the transactions contemplated by this Agreement and no action or proceeding by or before any court or other Governmental Agency shall have been instituted or threatened by any party to restrain or prohibit Shareholders or Target Parent from consummating the transactions contemplated by this Agreement or to invalidate the transactions contemplated by this Agreement.

No Action or Proceedings. No statute, rule, regulationregulations, decree, order or injunction shall have been promulagedpromulgated, enacted or entered by any Governmental Agency Entity or judicial authority and be in effect which would prohibit the consummation of the transactions contemplated by this Agreement and no action or proceeding by or before any court or other Governmental Agency Entity shall have been instituted or threatened by any party to restrain or prohibit Shareholders Stockholder or Target PDR from consummating the transactions contemplated by this Agreement.