Common use of No Adverse Action Clause in Contracts

No Adverse Action. There are no actions, suits, claims or legal, administrative, arbitration or other proceedings or governmental investigations or examinations pending or threatened or injunctions or orders entered, pending or threatened against Buyer or its business, property or assets, at law or in equity, before or by any federal, state, municipal or other governmental department, court, commission, board, bureau, agency or instrumentality, domestic or foreign, to restrain or prohibit the consummation of the transactions contemplated hereby or to obtain damages which if decided adversely would adversely affect the ability of Buyer to consummate the transactions provided for in this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Inergy L P)

No Adverse Action. There are is no actionsaction, suitssuit, claims claim or legal, administrative, arbitration or other proceedings proceeding or governmental investigations investigation or examinations examination pending or threatened or injunctions or orders entered, pending or threatened against Buyer or its business, property or assets, at law or in equity, before or by any federal, state, municipal or other governmental department, court, commission, board, bureau, agency or instrumentality, domestic or foreign, to restrain or prohibit the consummation of the transactions contemplated hereby or to obtain damages which if decided adversely would adversely affect the ability of Buyer to consummate the transactions provided for in this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (RGC Resources Inc)

No Adverse Action. There are is no actionsaction, suitssuit, claims claim or legal, administrative, arbitration or other proceedings proceeding or governmental investigations investigation or examinations examination pending or or, to Purchaser’s knowledge, threatened or injunctions or orders entered, pending or threatened against Buyer Purchaser or its business, property or assets, at law or in equity, before or by any federal, state, municipal or other governmental department, court, commission, board, bureau, agency or instrumentality, domestic or foreign, to restrain or prohibit the consummation of the transactions contemplated hereby or to obtain damages which if decided adversely would adversely affect the ability of Buyer Purchaser to consummate the transactions provided for in this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Roanoke Electric Steel Corp)

No Adverse Action. There are no actions, suits, claims or legal, ----------------- administrative, arbitration or other proceedings or governmental investigations or examinations pending or threatened or injunctions or orders entered, pending or threatened against Buyer BUYER or its business, property or assets, at law or in equity, before or by any federal, state, municipal or other governmental department, court, commission, board, bureau, agency or instrumentality, domestic or foreign, to restrain or prohibit the consummation of the transactions contemplated hereby or to obtain damages which that if decided adversely would adversely affect the ability of Buyer BUYER to consummate the transactions provided for in this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Inergy L P)

No Adverse Action. There are no actions, suits, claims or legal, ----------------- administrative, arbitration or other proceedings or governmental investigations or examinations pending or threatened or injunctions or orders entered, pending or threatened against Buyer BUYER or its business, property or assets, at law or in equity, before or by any federal, state, municipal or other governmental department, court, commission, board, bureau, agency or instrumentality, domestic or foreign, to restrain or prohibit the consummation of the transactions contemplated hereby or to obtain damages which if decided adversely would adversely affect the ability of Buyer BUYER to consummate the transactions provided for in this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Inergy L P)