Common use of No Order or Proceeding Clause in Contracts

No Order or Proceeding. No Order shall be outstanding, and no Proceeding shall be pending, threatened or anticipated against Buyer or Seller which would prohibit, invalidate or attempt to enjoin, or materially adversely affect, the Transaction.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Planar Systems Inc), Asset Purchase Agreement (Foster L B Co)

No Order or Proceeding. No Order shall be outstanding, and no Proceeding shall be pending, threatened or anticipated against Buyer or any Seller which would prohibit, invalidate or attempt to enjoin, or materially adversely affect, the Transaction.

Appears in 1 contract

Sources: Stock Purchase Agreement (Bitstream Inc)

No Order or Proceeding. No Order shall be outstanding, and no Proceeding shall be pending, threatened or anticipated against Buyer or Buyer, Seller which would prohibit, invalidate or attempt to enjoin, or materially adversely affect, the Transaction.

Appears in 1 contract

Sources: Asset Purchase Agreement (Foster L B Co)