Common use of No Governmental Action Clause in Contracts

No Governmental Action. There shall not have been any action taken, or any law, rule, regulation, order, or decree proposed, promulgated, enacted, entered, enforced, or deemed applicable to the transactions contemplated by any of the Operative Documents, by any federal, state, local, or other governmental authority or by any court or other tribunal, including the entry of a preliminary or permanent injunction, which, in the reasonable judgment of the Seller, (i) makes any of the transactions contemplated by this Agreement illegal, (ii) results in a material delay in the ability of the Seller to consummate any of the transactions contemplated by this Agreement, or (iii) otherwise prohibits, restricts, or materially delays consummation of any of the transactions contemplated by this Agreement.

No Governmental Action. There shall not have been any action taken, or any law, rule, regulation, order, or decree proposed, promulgated, enacted, entered, enforced, or deemed applicable to the transactions contemplated by any of the Operative Documents, Documents by any federal, state, local, or other governmental authority or by any court or other tribunal, including the entry of a preliminary or permanent injunction, which, in the reasonable judgment of the Seller, (i) makes any of the transactions contemplated by this Agreement illegal, (ii) results in a material delay in the ability of the Seller to consummate any of the transactions contemplated by this Agreement, or (iii) otherwise prohibits, restricts, or materially delays consummation of any of the transactions contemplated by this Agreement.

No Governmental Action. There shall not have been any action taken, or any law, rule, regulation, order, judgment, or decree proposed, promulgated, enacted, entered, enforced, or deemed applicable to the transactions contemplated by any of the Operative Documents, this Agreement by any federal, state, local, or other governmental authority or by any court or other tribunal, including the entry of a preliminary or permanent injunction, which, in the reasonable sole judgment of the SellerStockholders, (ia) makes any of the transactions contemplated by this Agreement illegal, (iib) results in a material delay in the ability of the Seller Stockholders to consummate any of the transactions contemplated by this Agreement, or (iiic) otherwise prohibits, restricts, or materially delays consummation of any of the transactions Contemplated Transactions or impairs the contemplated by this Agreementbenefits to the Stockholders of any of the Contemplated Transactions.

No Governmental Action. There shall not have been any action taken, or any law, rule, regulation, order, or decree proposed, promulgated, enacted, entered, enforced, or deemed applicable to the transactions contemplated by any of the Operative Documents, by any federal, state, local, or other governmental authority or by any court or other tribunal, including the entry of a preliminary or permanent injunction, which, in the reasonable judgment of the Seller, (i) makes any of the transactions contemplated by this Agreement illegal, (ii) results in a material delay in the ability of the Seller to consummate any of the transactions contemplated by this Agreement, or (iii) otherwise prohibits, restricts, or materially delays consummation of any of the transactions contemplated by this Agreement.

No Governmental Action. There shall not have been any action taken, or any law, rule, regulation, order, judgment, or decree proposed, promulgated, enacted, entered, enforced, or deemed applicable to the transactions contemplated by any of the Operative Documents, this Agreement by any federal, state, local, or other governmental authority or by any court or other tribunal, including the entry of a preliminary or permanent injunction, which, in the reasonable sole judgment of the Seller, (ia) makes any of the transactions contemplated by this Agreement illegal, (iib) results in a material delay in the ability of the Seller to consummate any of the transactions contemplated by this Agreement, or (iiic) otherwise prohibits, restricts, prohibits or materially delays restricts consummation of any of the transactions contemplated by this Agreement or impairs the contemplated benefits to the Seller of any of the transactions contemplated by this Agreement.

No Governmental Action. There shall not have been any action taken, or any lawLaw, rule, regulation, order, or decree proposed, promulgated, enacted, entered, enforced, or deemed applicable to the transactions contemplated by any of the Operative Documents, this Agreement by any federal, state, local, or other governmental authority Governmental Authority or by any court or other tribunal, including the entry of a preliminary or permanent injunction, which, in the sole but reasonable judgment of the Seller, would be reasonably likely to: (ia) makes make any of the transactions contemplated by this Agreement illegal, ; (iib) results result in a material delay in the ability of the Seller to consummate any of the transactions contemplated by this Agreement, or (iii) otherwise prohibits, restricts, or materially delays consummation of any of the transactions contemplated by this Agreement; or (c) otherwise prohibit, restrict or delay consummation of any of the transactions contemplated by this Agreement or impair the contemplated benefits to Buyer and Seller of the transactions contemplated by this Agreement.