No Litigation or Regulatory Action Sample Clauses
The "No Litigation or Regulatory Action" clause prohibits either party from initiating lawsuits or regulatory complaints related to the agreement during its term. In practice, this means that if a dispute arises, the parties must resolve it through specified alternative mechanisms, such as negotiation or arbitration, rather than immediately resorting to courts or government agencies. This clause helps prevent costly and time-consuming legal battles, encouraging the parties to settle disagreements privately and efficiently.
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No Litigation or Regulatory Action. There is no action pending or, to the Knowledge of the Principal Shareholder, threatened, against the Principal Shareholder before any Governmental Entity that seeks to prevent, hinder, delay, enjoin or otherwise challenge the consummation of any of the transactions contemplated hereby. There is no action pending or, to the Knowledge of the Principal Shareholder, threatened, that questions the legality or propriety of the transactions contemplated by this Agreement. There are no outstanding court orders or arbitration awards against the Principal Shareholder, the Shares, or any other of his assets or properties that would prohibit or enjoin the consummation of the transactions contemplated by this Agreement. “
No Litigation or Regulatory Action. There is no action, suit, proceeding or investigation pending or, to the Knowledge of the Company, currently threatened against the Company involving any of its assets or the right of the Company to enter into this Agreement or to consummate the transactions contemplated hereby, that might result, either individually or in the aggregate, in a Material Adverse Effect of the Company or any change in the current equity ownership of the Company. Neither the Company nor its subsidiary is a party or subject to the provisions of any order, writ, injunction, judgment or decree of any court or Governmental Entity. There is no action, suit, proceeding or investigation by the Company currently pending or that the Company intends to initiate.
No Litigation or Regulatory Action. (a) There are no lawsuits, claims, suits, proceedings or investigations pending or, to the Knowledge of the Buyer, threatened, against the Buyer or its Affiliates, and there is no Court Order in effect, which would reasonably be expected to prevent, hinder or delay the consummation of any of the transactions contemplated hereby; and
(b) There is no action, suit or proceeding pending or, to the Knowledge of the Buyer, threatened, that questions the legality or propriety of the transactions contemplated by this Agreement or any of the Buyer Transaction Agreements.
No Litigation or Regulatory Action. There is no Action pending or, to the knowledge of Buyer, threatened, against Buyer or its Affiliates which would reasonably be expected to prevent, hinder or delay the consummation of any of the transactions contemplated hereby. There is no Action pending or, to the knowledge of Buyer, threatened, that questions the legality or propriety of the transactions contemplated by this Agreement.
No Litigation or Regulatory Action. Except as set forth on Schedule 4.4:
(a) There are no Proceedings pending or, to the Knowledge of Buyer, threatened against Buyer or its Affiliates which would reasonably be expected to prevent, hinder or delay the consummation of any of the transactions contemplated hereby; and
(b) There is no Proceeding pending or, to the Knowledge of Buyer, threatened, that questions the legality or propriety of the transactions contemplated by this Agreement or any of the Buyer Transaction Agreements.
No Litigation or Regulatory Action. Except as set forth in Section 5.17 of the Disclosure Schedule and for the Filing:
(i) there are no lawsuits, claims, suits, proceedings or investigations pending or, to the knowledge of Sellers, threatened against or affecting Sellers or their Affiliates as the case may be) in respect of the Equity Interests, the Purchased Assets or the Business nor, to the knowledge of Sellers, is there any basis for any of the same, and there are no lawsuits, suits or proceedings pending in which Sellers or any of their Affiliates is the plaintiff or claimant and that relate to the Equity Interests, the Purchased Assets or the Business;
(ii) there is no action, suit or proceeding pending or, to the knowledge of Sellers, threatened that questions the legality or propriety of the transactions contemplated by this Agreement;
(iii) to the knowledge of Sellers, no legislative or regulatory proposal or other proposal for the change in any Requirements of Law or the interpretation thereof has been adopted or pending that could constitute a Material Adverse Effect; and
(iv) neither Sellers nor any of their Affiliates are in receipt of notice of any adverse inspection, finding of deficiency, finding of non-compliance, compelled or voluntary recall, investigation, penalty, fine, sanction, assessment, request for corrective or remedial action or other compliance or enforcement action, in each case relating to the Business or the products of the Business, by any Medical Product Regulatory Authority or any other Governmental Authority.
No Litigation or Regulatory Action. Except as disclosed in the NetStaff Reports or in Section 4.5 of NetStaff Disclosure Schedule: (i) there are no actions, suits, arbitrations or proceedings pending or, to the knowledge of NetStaff, threatened against, relating to or affecting, nor to the knowledge of NetStaff are there any Governmental or Regulatory Authority investigations or audits pending or threatened against, relating to or affecting, NetStaff or any of its assets and properties which could reasonably be expected to have a Material Adverse Effect on NetStaff or on the ability of NetStaff to consummate the transactions contemplated by this Agreement; (ii) NetStaff is not subject to any Order of any Governmental or Regulatory Authority which is having or could be reasonably expected to have a Material Adverse Effect on NetStaff, or on the ability of NetStaff or Sub to consummate the transactions contemplated by this Agreement; and (iii) there are no material actions, suits, arbitrations or proceedings that NetStaff currently intends to intitate.
No Litigation or Regulatory Action. There is no action, suit, proceeding, hearing or investigation pending or, to his actual knowledge, threatened, against him or his Affiliates that would reasonably be expected to prevent, hinder or delay the consummation of any of the transactions contemplated hereby or that questions the legality or propriety of the transactions contemplated hereby.
No Litigation or Regulatory Action. Except as disclosed in the Datum Reports (as defined below), there are no actions, suits, arbitrations or proceedings pending or, to the knowledge of Datum, threatened against, relating to or affecting, nor are there any Governmental or Regulatory Authority investigations or audits pending, or to the knowledge of Datum, threatened against, relating to or affecting, Datum or Sub or any of their respective assets and properties which, individually or in the aggregate, could be reasonably expected to have a Material Adverse Effect on
No Litigation or Regulatory Action. Except as set forth in Schedule 6.4, there is no action, suit or proceeding pending or, to Parent's knowledge, threatened against Parent which questions the legality or propriety of the transactions contemplated by this Agreement, or which would, if adversely determined, impair Parent's ability to consummate the transactions contemplated hereby.