Common use of No Impediment to Liquidation Clause in Contracts

No Impediment to Liquidation. Nothing herein shall be deemed or construed as to limit, restrict or impose any impediment to Seller's right to liquidate, dissolve and wind-up its affairs and to cease all business activities and operations at such time as it may determine following the Closing.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Commerce One Inc / De/), Asset Purchase Agreement (Insci Corp), Asset Purchase Agreement (Metatec Inc)

No Impediment to Liquidation. Nothing herein shall be deemed or construed so as to limit, restrict or impose any impediment to Seller's ’s right to liquidate, dissolve and wind-up its affairs and to cease all business activities and operations at such time as it may determine following the Closing.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Fischer Imaging Corp), Asset Purchase Agreement (Fischer Imaging Corp)

No Impediment to Liquidation. Nothing herein shall be deemed or construed so as to limit, restrict or impose any impediment to Seller's right to liquidate, dissolve and wind-wind up its affairs and to cease all business activities and operations at such time as it may determine following the Closing.. * * * * *

Appears in 1 contract

Sources: Asset Purchase Agreement (Alamo Group Inc)

No Impediment to Liquidation. Nothing herein shall be deemed or construed so as to limit, restrict or impose any impediment to Seller's ’s right to liquidate, dissolve and wind-up its affairs and to cease all business activities and operations at such time as it may determine following the ClosingClosing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement

No Impediment to Liquidation. Nothing herein shall be deemed or construed as to limit, restrict or impose any impediment to Seller's the Sellers’ right to liquidate, dissolve and wind-up its affairs and to cease all business activities and operations at such time as it may determine its obligations hereunder have been completed following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Briggs & Stratton Corp)

No Impediment to Liquidation. Nothing herein shall be deemed or construed as to limit, restrict or impose any impediment to Seller's ’s right to liquidate, dissolve and wind-up its affairs and to cease all business activities and operations at such time as it may determine following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Artisoft Inc)

No Impediment to Liquidation. Nothing herein shall be deemed or construed as to limit, restrict or impose any impediment to Seller's the Sellers’ right to liquidate, dissolve and wind-up its affairs and to cease all business activities and operations at such any time as it may determine following the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Chesapeake Corp /Va/)