Common use of No Material Judgment or Order Clause in Contracts

No Material Judgment or Order. There shall not be on the Closing Date any Order of a court of competent jurisdiction or any ruling of any Governmental Authority or any condition imposed under any Requirement of Law which would, in the judgment of Integra, (a) prohibit or restrict (i) the sale of the Purchased Shares or the Warrants or (ii) the consummation of the transactions contemplated by this Agreement or (b) subject Integra to any penalty or other onerous condition under or pursuant to any Requirement of Law if the Purchased Shares were to be sold hereunder.

Appears in 2 contracts

Sources: Series C Convertible Preferred Stock and Warrant Purchase Agreement (Soros Fund Management LLC), Series B Convertible Preferred Stock and Warrant Purchase Agreement (Integra Lifesciences Corp)

No Material Judgment or Order. There shall not be on the Closing Date any Order of a court of competent jurisdiction or any ruling of any Governmental Authority or any condition imposed under any Requirement of Law which would, in the reasonable judgment of IntegraSeller, (a) prohibit or materially restrict (i) the sale of the Purchased Shares or the Warrants Assets or (ii) the consummation of the other transactions contemplated by this Agreement Agreement, or (b) subject Integra Seller to any material penalty or other onerous condition under or pursuant to any Requirement of Law if the Purchased Shares Assets were to be sold hereundersold.

Appears in 1 contract

Sources: Asset Purchase Agreement (Transcend Services Inc)

No Material Judgment or Order. There shall not be on ----------------------------- the Closing Date any Order of a court of competent jurisdiction or any ruling of any Governmental Authority or any condition imposed under any Requirement of Law which would, in the judgment of Integra, (a) prohibit or restrict (i) the sale of the Purchased Shares or the Warrants or (ii) the consummation of the transactions contemplated by this Agreement or (b) subject Integra to any penalty or other onerous condition under or pursuant to any Requirement of Law if the Purchased Shares were to be sold hereunder.

Appears in 1 contract

Sources: Series B Convertible Preferred Stock and Warrant Purchase Agreement (Soros Fund Management LLC)