Common use of No Action Clause in Contracts

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 41 contracts

Sources: Share Exchange Agreement (United Express Inc.), Merger Agreement (Fresh Promise Foods, Inc.), Share Purchase Agreement (Trident Brands Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 39 contracts

Sources: Share Exchange Agreement, Share Exchange Agreement (Ephs Holdings, Inc.), Share Exchange Agreement (Pacific Green Technologies Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; , or (ii) cause the Transaction to be rescinded following consummation.

Appears in 14 contracts

Sources: Merger Agreement (Endeavor Power Corp), Share Exchange Agreement (Sun Cal Energy , Inc.), Merger Agreement (Genesis Capital Corp of Nevada)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 9 contracts

Sources: Share Purchase Agreement (Biologix Hair Inc.), Assignment and Share Transfer Agreement (Pacific Green Technologies Inc.), Share Purchase and Exchange Agreement (Secure Luggage Solutions Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this Agreement; or or (ii) cause the Transaction transactions to be rescinded following consummation.

Appears in 7 contracts

Sources: Merger Agreement (Doral Energy Corp.), Merger Agreement (Worldbid Corp), Share Purchase Agreement (Northward Ventures Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this Agreement; or , or (ii) cause the Transaction transactions to be rescinded following consummation.

Appears in 6 contracts

Sources: Merger Agreement (Doral Energy Corp.), Merger Agreement (Worldbid Corp), Share Purchase Agreement (Northward Ventures Inc)

No Action. No action, suit, action, or proceeding will shall be pending or threatened before any governmental court or regulatory authority quasi-judicial or administrative agency of any state, municipal, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, stipulationruling, injunction or charge would: : (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause any of the Transaction transactions contemplated by this Agreement to be rescinded following consummation.

Appears in 6 contracts

Sources: Series A1 Preferred Share Purchase Agreement (Negevtech Ltd.), Preferred Share Purchase Agreement (Negevtech Ltd.), Preferred Share Purchase Agreement (Negevtech Ltd.)

No Action. No suit, action, or proceeding will shall be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; , or, (ii) cause the Transaction to be rescinded following consummation.

Appears in 5 contracts

Sources: Purchase and Sale Agreement (Phi Group Inc), Purchase and Sale Agreement (Phi Group Inc), Purchase and Sale Agreement (Phi Group Inc)

No Action. No suit, action, or proceeding will shall be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 4 contracts

Sources: Share Exchange Agreement (Tropic International Inc.), Share Exchange Agreement (Rockford Minerals Inc /Fi), Share Exchange Agreement (China Wind Energy Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 4 contracts

Sources: Share Exchange Agreement, Share Exchange Agreement (Future Energy Corp.), Share Exchange Agreement (Keewatin Windpower Corp.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: ; (i) prevent the consummation of any of the transactions contemplated by this Agreement; or , (ii) cause the Transaction to be rescinded following consummation.

Appears in 2 contracts

Sources: Share Exchange Agreement (Vitasti, Inc. /De/), Share Exchange Agreement (Vitasti, Inc. /De/)

No Action. No suit, action, action or proceeding will shall be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 2 contracts

Sources: Share Exchange Agreement (Tropic International Inc.), Share Exchange Agreement (Rockford Minerals Inc /Fi)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) 1. prevent the consummation of any of the transactions contemplated by this Agreement; or; (ii) 2. cause the Transaction to be rescinded following consummation.

Appears in 2 contracts

Sources: Share Exchange Agreement (Real Value Estates Inc), Share Exchange Agreement (Real Value Estates Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this Agreement; or , or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement (Global Innovative Systems Inc)

No Action. No suit, action, or proceeding will be pending or threatened before threatenedbefore any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this Agreement; or , or (ii) cause the Transaction transactions to be rescinded following consummation.

Appears in 1 contract

Sources: Merger Agreement (Paragon Polaris Stratagies Com Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; Transaction, or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Merger Agreement (Peartrack Security Systems, Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Exchange Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) a. prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) b. cause the Transaction Exchange to be rescinded following consummation.

Appears in 1 contract

Sources: Exchange Agreement (Agr Tools, Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) would prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummationTransaction.

Appears in 1 contract

Sources: Share Exchange Agreement (Royaltech Corp.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) i. prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) . cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement (Dna Precious Metals Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction or any of the transactions contemplated in this Agreement to be rescinded following consummation.

Appears in 1 contract

Sources: Share Purchase Agreement (Aqua Power Systems Inc.)

No Action. No suit, action, investigation, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement (Solei Systems, Inc.)

No Action. No action, suit, action, or proceeding will shall be pending or threatened before any governmental court or regulatory authority quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, stipulationruling, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this Agreement; or , or (ii) cause any of the Transaction transactions contemplated by this Agreement to be rescinded following consummation.

Appears in 1 contract

Sources: Merger Agreement (Cdknet Com Inc)

No Action. No suit, action, or proceeding will be is pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement (Mindesta Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction Transactions to be rescinded following consummation.

Appears in 1 contract

Sources: Merger Agreement (Intellisense Solutions Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions Transaction contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement

No Action. No suit, action, or proceeding will shall be pending or threatened before any governmental or regulatory authority Governmental Authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction applicable Closing to be rescinded following consummation.

Appears in 1 contract

Sources: Option and Put Agreement (Notox Technologies Corp.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this AgreementAgreement as reasonably determined by BLLE; or (ii) cause any of the Transaction transactions contemplated by this Agreement to be rescinded following consummation; or (iii) adversely affect the right of BLLE to own, operate or control the business or assets of Somerset.

Appears in 1 contract

Sources: Share Exchange Agreement (Bullet Environmental Technologies Inc)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (ia) prevent the consummation of any of the transactions contemplated by this Agreement; or (iib) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement (UpperSolution.com)

No Action. No suit, action, action or proceeding will shall be pending or threatened before any governmental or regulatory authority Governmental Authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge wouldwould result in and/or: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction applicable Closing to be rescinded following consummation.

Appears in 1 contract

Sources: Option and Put Agreement (Notox Technologies Corp.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction Transactions or any of the transactions contemplated in this Agreement to be rescinded following consummation.

Appears in 1 contract

Sources: License Agreement (Aqua Power Systems Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this AgreementAgreement as reasonably determined by the Stockholders; or (ii) cause any of the Transaction transactions contemplated by this Agreement to be rescinded following consummation; or (iii) adversely affect the right of the Purchaser to own, operate or control the business or assets of the Purchaser.

Appears in 1 contract

Sources: Share Exchange Agreement (Future Now Group Inc.)

No Action. No Except as disclosed to Artisan, no suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions Transaction contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement

No Action. No action, suit, action, or proceeding will shall be pending or threatened before any governmental court or regulatory authority quasi-judicial or administrative agency of any state, municipal, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, stipulationruling, injunction or charge would: : (i) prevent the consummation of any of the transactions contemplated by this Agreement; or or (ii) cause any of the Transaction transactions contemplated by this Agreement to be rescinded following consummation.

Appears in 1 contract

Sources: Share Purchase Agreement (Pluri Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge would: (ia) prevent the consummation of any of the transactions contemplated by this Agreement; , or (iib) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement (Ecologic Transportation, Inc.)

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions contemplated by this Agreement; or (ii) cause the Transaction Merger to be rescinded following consummation.

Appears in 1 contract

Sources: Merger Agreement (Tierra Grande Resources Inc.)

No Action. No Except as disclosed to Eleusian, no suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable unfavourable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions Transaction contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Exchange Agreement

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: (i) prevent the consummation of any of the transactions Transaction contemplated by this Agreement; or (ii) cause the Transaction to be rescinded following consummation.

Appears in 1 contract

Sources: Share Purchase Agreement

No Action. No suit, action, or proceeding will be pending or threatened before any governmental or regulatory authority wherein an unfavorable judgment, order, decree, stipulation, injunction or charge would: would (i) prevent the consummation of any of the transactions contemplated by this AgreementAgreement as reasonably determined by the Stockholders; or (ii) cause any of the Transaction transactions contemplated by this Agreement to be rescinded following consummation; or (iii) adversely affect the right of BLLE to own, operate or control the business or assets of BLLE.

Appears in 1 contract

Sources: Share Exchange Agreement (Bullet Environmental Technologies Inc)