Common use of No Governmental Proceedings Clause in Contracts

No Governmental Proceedings. As regards Buyer, there will not exist any provision of applicable Laws nor any Judgment preventing completion of the transactions contemplated herein or in any Additional Agreement, questioning the legality or validity of such transactions or claiming damages resulting from such transactions, nor any pending or threatened proceeding in which any Person seeks or may take any such action. None of the Parties to this Agreement will have been notified of the firm and nonappealable intention of the applicable authority by which the consummation of this Agreement is prohibited.