Common use of No Pending Actions Clause in Contracts

No Pending Actions. There is no action pending against SPAC or, to SPAC’s knowledge, threatened against SPAC, before any court, arbitrator, or governmental authority, which in any manner challenges or seeks to prevent, enjoin or materially delay the performance by SPAC of its obligations under this Agreement.

Appears in 7 contracts

Sources: Non Redemption Agreement (Perception Capital Corp. III), Non Redemption Agreement (Concord Acquisition Corp II), Non Redemption Agreement (FTAC Emerald Acquisition Corp.)

No Pending Actions. There is no action pending against the SPAC or, to the SPAC’s knowledge, threatened against SPAC, before any court, arbitrator, arbitrator or governmental authority, which in any manner may matter challenges or seeks to prevent, enjoin or materially delay the performance by the SPAC of its obligations under this Agreement.

Appears in 3 contracts

Sources: Voting Agreement (DT Cloud Acquisition Corp), Voting Agreement (DT Cloud Acquisition Corp), Voting Agreement (DT Cloud Acquisition Corp)