Common use of No Material Judgment or Order Clause in Contracts

No Material Judgment or Order. There shall not be any judgment or order of a court of competent jurisdiction or any ruling of any agency of the Federal or any state or local government which, in the reasonable judgment of Lender, would prohibit the delivery of the Securities or subject Lender to any material penalty in connection with such delivery.

Appears in 2 contracts

Sources: Credit Agreement (Media Arts Group Inc), Credit Agreement (Levine Leichtman Capital Partners Lp)

No Material Judgment or Order. There shall not be any judgment or order of a court of competent jurisdiction or any ruling of any agency of the Federal or any state or local government or self-regulatory organization which, in the reasonable judgment of Lenderthe Purchaser, would prohibit the delivery of the Securities or subject Lender the Purchaser to any material penalty in connection with such deliveryif the Securities were to be delivered hereunder.

Appears in 1 contract

Sources: Securities Purchase Agreement (Fidelity National Financial Inc /De/)

No Material Judgment or Order. There shall not be any judgment or order of a court of competent jurisdiction or any ruling of any agency of the Federal or any state or local government or self-regulatory organization which, in the reasonable judgment of Lenderthe Company, would prohibit the delivery of the Securities or subject Lender the Company to any material penalty in connection with such deliveryif the Securities were to be delivered hereunder.

Appears in 1 contract

Sources: Securities Purchase Agreement (Fidelity National Financial Inc /De/)