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Common use of No Opposition Clause in Contracts

No Opposition. No suit, action or proceeding shall be pending or overtly threatened on the Transfer Date before or by any court or Governmental Entity seeking to restrain or prohibit the consummation of the transactions contemplated by this Agreement.

Appears in 3 contracts

Sources: Warehouse Loan Agreement (Air Lease Corp), Warehouse Loan Agreement (Air Lease Corp), Warehouse Loan Agreement (Babcock & Brown Air LTD)

Related Clauses

  • No Proceedings or Litigation
  • No Proceeding or Litigation
  • No Contest
  • No Infringement
  • No Other Litigation

Parent Clauses

  • CONDITIONS OF PURCHASER'S OBLIGATIONS
  • Covenants
  • CONDITIONS OF SELLER'S OBLIGATIONS
  • Conditions to Closing
  • CONDITIONS OF ▇▇▇▇▇▇▇▇'▇ OBLIGATIONS

Sub-Clauses

  • Definitive Documents for the Acquired Business Transfers
  • Accounting between the Parties
  • Acquired Business Transfers Terms and Intentions
  • Failure to complete the Acquired Business Transfers
  • Notwithstanding Clauses 5
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