No Other Action Clause Samples
The "No Other Action" clause serves to limit the parties' rights and obligations strictly to those expressly stated in the agreement. In practice, this means that neither party can require the other to perform additional tasks, provide further assurances, or take actions beyond what is specifically outlined in the contract. This clause helps prevent disputes over implied duties or expectations by making it clear that only the written terms are enforceable, thereby ensuring clarity and reducing the risk of misunderstandings.
No Other Action the Seller will not knowingly take any action which may prejudice the validity or recoverability of any Purchased Receivable or which may otherwise adversely affect the benefit which the Purchaser may derive from such Purchased Receivable pursuant to this Agreement;
No Other Action. No order has been made, no petition presented, or resolution passed for the winding-up of Seller, or the appointment of any trustee for the benefit of creditors or the preparation or commencement of any bankruptcy or insolvency proceeding.
No Other Action. The GCC Verifier hereby agrees that the GCC shall not be under any obligation, pursuant to the terms of this Agreement or otherwise, to take action of whatsoever nature against any third party.
No Other Action. The Service Provider hereby agrees that Verra shall not be under any obligation, pursuant to the terms of this Agreement or otherwise, to take action of whatsoever nature against any third party.
No Other Action. No action by, or in respect of, or filing with, any Governmental Authority is required for the execution, delivery and performance of this Agreement by the Company and acquisition of the Shares, except for the Form D filing pursuant to Rule 506 of Regulation D of the Securities Act and any notice filings required by the laws of any U.S. state or any political subdivision thereof.
No Other Action. No action by, or in respect of, or filing with, any Governmental Authority is required for the execution, delivery and performance of this Agreement by the Investor.
No Other Action. Save as set out in this clause 12, the Seller shall take no other action in relation to the Debts otherwise than with the prior written consent of the Purchaser.
No Other Action. No action by, or in respect of, or filing with, any Governmental Authority is required for the execution, delivery and performance by CBLI of this Acknowledgment or any Transaction Document to which CBLI is a party, except for any Form D filings pursuant to Rule 506 of Regulation D of the Securities Act and any notice filings required by the laws of any U.S. state or any political subdivision thereof.
No Other Action. No action by, or in respect of, or filing with, any Governmental Authority is required for the execution, delivery and performance by Rusnano of this Acknowledgment and any other Transaction Document to which Rusnano is a party.
No Other Action. The Service Provider hereby agrees that Social Carbon Foundation shall not be under any obligation, pursuant to the terms of this Agreement or otherwise, to take action of whatsoever nature against any third party.