Common use of No Governmental or Other Proceedings Clause in Contracts

No Governmental or Other Proceedings. No action, suit, proceeding or ------------------------------------ investigation by or before any court or governmental, administrative or regulatory authority shall have been commenced or threatened against any Company, AIII or the Sellers seeking to restrain, prevent or change the transactions contemplated by this Agreement or questioning the validity or legality of the transactions or seeking damages in connection with the transactions.

Appears in 1 contract

Sources: Acquisition Agreement (American International Industries Inc)

No Governmental or Other Proceedings. No action, suit, proceeding or ------------------------------------ investigation by or before any court or governmental, administrative or regulatory authority shall have been commenced or threatened against any Company, AIII or the Sellers Transferors seeking to restrain, prevent or change the transactions contemplated by this Agreement or questioning the validity or legality of the transactions or seeking damages in connection with the transactions.

Appears in 1 contract

Sources: Acquisition Agreement (American International Industries Inc)