Common use of No Other Action Clause in Contracts

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.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Mobilepro Corp), Asset Purchase Agreement (Mobilepro Corp), Asset Purchase Agreement (Mobilepro Corp)

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.; and

Appears in 1 contract

Sources: Asset Purchase Agreement (Ember Therapeutics, Inc. - Ny)

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.

Appears in 1 contract

Sources: Asset Purchase Agreement (Crescent Communications Inc)