No Laws Clause Samples
The "No Laws" clause establishes that the agreement or its provisions are not intended to violate any applicable laws or regulations. In practice, this means that if any part of the contract is found to be illegal or unenforceable under relevant law, that portion may be modified or disregarded without invalidating the rest of the agreement. This clause ensures that the contract remains legally compliant and enforceable, addressing the risk of inadvertent illegality and maintaining the integrity of the agreement.
No Laws. No laws, rules, regulations, orders or any other requirements of any Governmental Authority shall have been enacted, introduced or announced which may materially and adversely affect Company or any Subsidiary or the business carried on by any of them.
No Laws. No Laws shall have been enacted, introduced or announced which would be reasonably likely to materially and adversely affect the Corporation or the Business carried on by them.
No Laws. No Law shall have been enacted or shall be deemed applicable to the transactions contemplated by this Agreement that makes the consummation of such transactions illegal.
No Laws. No Governmental Authority of competent jurisdiction shall have enacted, issued or promulgated any Law that is in effect and has the effect of making the Closing Transactions illegal or which has the effect of prohibiting, enjoining, restraining or otherwise preventing the consummation of the Closing Transactions.
No Laws. No Governmental Authority of competent jurisdiction shall have enacted, issued or promulgated any Law (whether temporary, preliminary or permanent) that is then in effect, which has the effect of making the Merger illegal or otherwise prohibiting or preventing consummation of the Merger in accordance with the terms hereof.
No Laws. No Laws shall have been enacted which would directly have a material adverse effect on the Business of the Corporation.
No Laws. No Governmental Authority of competent jurisdiction shall have enacted, issued or promulgated any Law that (i) is in effect as of immediately prior to the Effective Time and has the effect of making the Merger illegal or which has the effect of prohibiting or otherwise preventing the consummation of the Merger, or (ii) requires any of Parent, the Company or any of their respective Affiliates to take any action inconsistent with Section 4.7(d).
No Laws. No Laws shall have been enacted, introduced or announced which materially adversely affect Callmate, or the ability of Callmate to legally issue the Treasury Shares as contemplated by this Agreement. If any of the foregoing conditions in this Article has not been fulfilled by Closing, Webengine may terminate this Agreement by notice in writing to Callmate, in which event Webengine is released from all obligations under this Agreement. However, Webengine may waive compliance with any condition in whole or in part if it sees fit to do so, without prejudice to its rights of termination in the event of non-fulfillment of any other condition in whole or in part or to its rights to recover damages for the breach of any representation, warranty, covenant or condition contained in this Agreement.
No Laws. No Law shall have been enacted, introduced or announced which materially adversely affects Webengine or the ability of Callmate to acquire and hold the Issued Shares as contemplated by this Agreement.
No Laws. 39 7.4 No Material Adverse Change....................................39 7.5 Consents and Approvals........................................39 7.6