Common use of No Governmental Proceedings Relating to Contemplated Transactions or Right to Operate Business Clause in Contracts

No Governmental Proceedings Relating to Contemplated Transactions or Right to Operate Business. There shall not be any Legal Proceeding pending by an official of a Governmental Body in which such Governmental Body indicates that it intends to take any action challenging or seeking to restrain or prohibit the consummation of the Contemplated Transactions.

Appears in 2 contracts

Sources: Merger Agreement (Twin Vee PowerCats, Co.), Merger Agreement (Yumanity Therapeutics, Inc.)

No Governmental Proceedings Relating to Contemplated Transactions or Right to Operate Business. There shall not be any Legal Proceeding pending pending, or overtly threatened in writing by an official of a Governmental Body in which such Governmental Body indicates that it intends to take conduct any action Legal Proceeding or taking any other action: (a) challenging or seeking to restrain or prohibit the consummation of the Contemplated Transactions.Merger;

Appears in 1 contract

Sources: Merger Agreement (Axonyx Inc)