Common use of No Action Clause in Contracts

No Action. No Action before any court or governmental body is pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate any of the transactions contemplated by this Agreement or cause the Exchange Transaction to be declared unlawful or rescinded.

Appears in 11 contracts

Sources: Share Exchange Agreement (ZZLL Information Technology, Inc), Share Exchange Agreement (Sleepaid Holding Co.), Exchange Agreement (SoOum Corp.)

No Action. No Action action before any court or governmental body is pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate any of the transactions contemplated by this Agreement or cause the Exchange Transaction to be declared unlawful or rescinded.

Appears in 3 contracts

Sources: Restricted Stock Purchase Agreement (Authentic Teas Inc.), Restricted Stock Purchase Agreement (Authentic Teas Inc.), Restricted Stock Purchase Agreement (Authentic Teas Inc.)

No Action. No Action before any court or governmental --------- body is pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate any of the transactions contemplated by this Agreement or cause the Exchange Transaction transactions to be declared unlawful or rescinded.

Appears in 2 contracts

Sources: Merger Agreement, Merger Agreement (Newtek Capital Inc)

No Action. No Action action before any court or governmental body Governmental Entity is pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate any of the transactions contemplated by this Agreement or cause the Exchange Transaction such transactions to be declared unlawful or rescinded.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Medallion Financial Corp), Asset Purchase Agreement (Medallion Financial Corp)

No Action. No Action before any court or governmental body is will be pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate prevent any of the transactions contemplated by this Agreement hereby or cause the Exchange Transaction such transactions to be declared unlawful or rescinded.

Appears in 1 contract

Sources: Merger Agreement (Rexx Environmental Corp)

No Action. No Action before any court or governmental body is pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate any of the transactions contemplated by this Agreement or cause the Exchange Transaction Merger to be declared unlawful or rescinded.

Appears in 1 contract

Sources: Merger Agreement (Newtek Capital Inc)

No Action. No Action before any court or governmental body is pending or threatened wherein a judgment, decree or order would restrain, prohibit or invalidate any of the transactions contemplated by this Agreement or cause the Exchange Transaction to be declared unlawful or to be rescinded.

Appears in 1 contract

Sources: Share Exchange Agreement (Ameritrust Corp)