Common use of No Actions or Proceedings Clause in Contracts

No Actions or Proceedings. No Actions or Proceedings that question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 6 contracts

Sources: Asset Purchase Agreement (Zogenix, Inc.), Asset Purchase Agreement (First Horizon Pharmaceutical Corp), Asset Purchase Agreement (Aaipharma Inc)

No Actions or Proceedings. No Actions or Proceedings that shall have been ------------------------- instituted or threatened which question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminatedhereby.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Comps Com Inc), Asset Purchase Agreement (Comps Com Inc)

No Actions or Proceedings. No Actions or Proceedings that question the validity or legality or that seek to enjoin, alter or delay the consummation of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Intermune Inc), Asset Purchase Agreement (Targanta Therapeutics Corp.)

No Actions or Proceedings. No Actions or Proceedings that shall have been instituted or threatened which question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminatedhereby.

Appears in 2 contracts

Sources: Option and Asset Purchase Agreement (Ligand Pharmaceuticals Inc), Stock Purchase Agreement (CNS Response, Inc.)

No Actions or Proceedings. No Actions actions or Proceedings proceedings that question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 1 contract

Sources: Limited Assets Purchase Agreement (Merchandise Creations, Inc.)

No Actions or Proceedings. No Actions or Proceedings that shall have been instituted or threatened which prohibit the transactions contemplated herein or question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminatedhereby.

Appears in 1 contract

Sources: Stock Purchase Agreement (CNS Response, Inc.)

No Actions or Proceedings. No Law or Actions or Proceedings that prohibit, question or challenge the validity or legality of the transactions contemplated hereby by this Agreement or the other Transaction Documents shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 1 contract

Sources: Asset Purchase Agreement (Zeratech Technologies USA, Inc.)

No Actions or Proceedings. No Actions or Proceedings that restrain, prohibit or question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cephalon Inc)

No Actions or Proceedings. No Actions or Proceedings that question the validity or legality of the actions and transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 1 contract

Sources: Exclusive Business Turnkey Agreement (Irish Mag, Inc.)

No Actions or Proceedings. No Actions or Proceedings that question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated, except where the occurrence thereof would not have an Adverse Effect.

Appears in 1 contract

Sources: Asset Purchase Agreement (First Horizon Pharmaceutical Corp)

No Actions or Proceedings. No Actions or Proceedings that question the validity or legality of the transactions contemplated hereby Contemplated Transactions shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 1 contract

Sources: Asset Purchase Agreement (Accentia Biopharmaceuticals Inc)

No Actions or Proceedings. No Actions or Proceedings that shall have been instituted or threatened which question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminatedby the other Acquisition Documents.

Appears in 1 contract

Sources: Asset Purchase Agreement (Digirad Corp)

No Actions or Proceedings. No Actions actions or Proceedings that question the validity or legality of the transactions contemplated hereby shall have been instituted or threatened and not settled or otherwise terminated.

Appears in 1 contract

Sources: Limited Assets Purchase Agreement (Merchandise Creations, Inc.)