No Orders or Decrees Sample Clauses

The "No Orders or Decrees" clause serves to confirm that neither party is subject to any court orders, judgments, or governmental decrees that would prevent them from entering into or fulfilling the agreement. In practice, this means each party represents that there are no legal restrictions, such as injunctions or prohibitions, that could interfere with their contractual obligations. This clause helps ensure that both parties are legally able to perform under the contract, thereby reducing the risk of future disputes or unenforceability due to undisclosed legal impediments.
No Orders or Decrees. Neither Equipment Owner nor any of the Purchased Assets is subject to any judicial or administrative order, or any Governmental Rule (including without limitation any ordinance or zoning restriction) which could adversely affect, or impose any condition on, Equipment Owner, the System, the License, the Purchased Assets, or the transactions contemplated hereby.
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No Orders or Decrees. At the time of such advance, issuance, amendment, renewal or extension, no Governmental Authority having jurisdiction in the premises shall have entered a decree or order for relief in respect of any Loan Party under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of any Loan Party or for any substantial part of the property of any Loan Party or ordering the winding up or liquidation of the affairs of any thereof.
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No Orders or Decrees. No Product, Company IPR or Company Licensed IPR is subject to any outstanding order, judgment, decree, or stipulation restricting the use thereof by the Company or any of its subsidiaries or, in the case of any Intellectual Property Rights or Products licensed to others, restricting the sale, transfer, assignment or licensing thereof by the Company or any of its subsidiaries to any person or entity.
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No Orders or Decrees. Neither License Owner nor any of the Purchased Assets is subject to any judicial or administrative order, or any Governmental Rule (including without limitation any ordinance or zoning restriction) which could adversely affect, or impose any condition on, License Owner, the Licenses, the Purchased Assets, or the transactions contemplated hereby.
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No Orders or Decrees. No Company Intellectual Property is subject to any proceeding or outstanding decree, order, judgment or settlement agreement or stipulation that restricts in any manner the use, transfer or licensing thereof by the Company or may affect the validity, use or enforceability of such Company Intellectual Property; provided, however, that solely with respect to end-user software licensed by the Company from third parties and listed on Schedule 2.13(d), the Company makes the representations and warranties contained in this sentence only to its Knowledge.
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No Orders or Decrees. There shall not be in force any order or decree --------------------- restraining or enjoining the consummation of the transactions contemplated by this Agreement.
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No Orders or Decrees. Except as set forth in Section 2.19(c) of the -------------------- Company Schedule, no Company Intellectual Property or Company Product is subject to any proceeding or outstanding decree, order, judgment, contract, license, agreement, or stipulation restricting in any manner the use, transfer, or licensing thereof by Company or any of its subsidiaries. Except as set forth in Section 2.19(c) of the Company Schedule, no Company Registered Intellectual Property or Company Intellectual Property Applications is subject to any proceeding or outstanding decree, order, judgment, contract, license, agreement or stipulation which may adversely affect the validity, use or enforceability of such Company Intellectual Property or Company Product.
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No Orders or Decrees. There shall not be in force any order or decree --------------------- restraining or enjoining the consummation of the transactions contemplated by this Agreement. The foregoing conditions precedent shall be for the sole benefit of the Purchaser and may be waived in whole or in part by them in writing. In the event that any of the foregoing conditions are not satisfied or waived, on or before the Closing Date, the Purchaser shall be entitled to terminate this Agreement by notice in writing given to the Vendor on or before the Closing Date.
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Related to No Orders or Decrees

  • No Orders Neither Parent nor Merger Sub is subject to any order of any kind or nature that would prevent or materially delay the consummation of the Merger or the ability of Parent and Merger Sub to fully perform their respective covenants and obligations pursuant to this Agreement.

  • No Injunctions No Governmental Entity of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any order, executive order, stay, decree, judgment or injunction (preliminary or permanent) or statute, rule or regulation which is in effect and which has the effect of making the Merger illegal or otherwise prohibiting consummation of the Merger or the other transactions contemplated by this Agreement.

  • No Order No Governmental Entity shall have enacted, issued, promulgated, enforced or entered any statute, rule, regulation, executive order, decree, injunction or other order (whether temporary, preliminary or permanent) which is in effect and which has the effect of making the Merger illegal or otherwise prohibiting consummation of the Merger.

  • No Injunction, Etc No action, proceeding, investigation, regulation or legislation shall have been instituted, threatened or proposed before any Governmental Authority to enjoin, restrain, or prohibit, or to obtain substantial damages in respect of, or which is related to or arises out of this Agreement or the other Loan Documents or the consummation of the transactions contemplated hereby or thereby, or which, in the Administrative Agent’s sole discretion, would make it inadvisable to consummate the transactions contemplated by this Agreement or the other Loan Documents or the consummation of the transactions contemplated hereby or thereby.

  • Pending Orders Upon termination of this Agreement, Micrus shall have the right, at its option, to continue or terminate any order pending as of the effective date of termination.