Common use of No Restraining Proceedings Clause in Contracts

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling, 6.1.3.1. to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; or 6.1.3.2. to impose any limitations or conditions which may have a Material Adverse Effect on the Purchased Assets.

Appears in 4 contracts

Sources: Asset Purchase Agreement (Workstream Inc), Asset Purchase Agreement (Peopleview Inc), Asset Purchase Agreement (Workstream Inc)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling, 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased AssetsShares; or 6.1.3.2. (ii) to impose any limitations or conditions which may have a Material Adverse Effect an adverse affect on the Purchased AssetsBusiness or the Condition of the Corporations.

Appears in 2 contracts

Sources: Purchase Agreement (CEA Industries Inc.), Purchase Agreement (CEA Industries Inc.)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased Assets; Shares, or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect material adverse effect on the Purchased AssetsBusiness or the Condition of the Corporation.

Appears in 1 contract

Sources: Acquisition Agreement (Jupiter Global Holdings Corp)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect [material] adverse effect on the Purchased AssetsCondition of the Business.

Appears in 1 contract

Sources: Asset Purchase Agreement

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased Assets; Shares, or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect material adverse effect on the Purchased AssetsBusiness or the Condition of the Company.

Appears in 1 contract

Sources: Share Purchase Agreement (Universe2u Inc)

No Restraining Proceedings. No orderOrder, decision or ruling of any court, tribunal or regulatory authority Governmental Authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,Order: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to acquire or own the Purchased Assets; , or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect on the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling, 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; , or 6.1.3.2. (ii) to impose any limitations or conditions which may have a Material Adverse Effect material adverse affect on the Purchased AssetsCondition of the Business.

Appears in 1 contract

Sources: Share Purchase Agreement (Grainger W W Inc)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; , or 6.1.3.2. (ii) to impose any limitations or conditions which may have a Material Adverse Effect material adverse effect on the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Apollo Gold Corp)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,. 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Business or the Purchased Assets contemplated hereby or the right of the Purchaser to own the Business or the Purchased Assets; or 6.1.3.2. or (b) to impose any limitations or conditions which may have a Material Adverse Effect material adverse affect on the Purchased AssetsCondition of the Business.

Appears in 1 contract

Sources: Asset and Share Purchase Agreement (Softquad Software LTD)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own 100% interest in the Purchased Assets; , or 6.1.3.2. (ii) to impose any limitations or conditions which may have a Material Adverse Effect on the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Voice Mobility International Inc)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased AssetsShares; or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect [material] adverse effect on the Purchased AssetsBusiness or the Condition of the Corporation.

Appears in 1 contract

Sources: Share Purchase Agreement

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling, 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased AssetsShares; or 6.1.3.2. (ii) to impose any limitations or conditions which may have a Material Adverse Effect [material] adverse affect on the Purchased AssetsBusiness or the Condition of the Corporation.

Appears in 1 contract

Sources: Share Purchase Agreement (Futurelink Distribution Corp)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any material limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; , or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect material adverse effect on the Purchased AssetsCondition of the Business.

Appears in 1 contract

Sources: Asset Purchase Agreement (Katy Industries Inc)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened whichthat, in the reasonable opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased AssetsShares and enjoy all rights of ownership therein; or 6.1.3.2. (ii) to impose any limitations or conditions which that may have a Material Adverse Effect an adverse effect on the Purchased AssetsBusiness.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Uranium Power Corp)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect material adverse effect on the Purchased AssetsCondition of the Business.

Appears in 1 contract

Sources: Asset Purchase Agreement (Universe2u Inc)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall will have been made, and no action or proceeding shall will be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (a) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets Shares contemplated hereby or the right of the Purchaser to own the Purchased AssetsShares; or 6.1.3.2. (b) to impose any limitations or conditions which may have a Material Adverse Effect material adverse effect on the Purchased AssetsBusiness or the Condition of the Business.

Appears in 1 contract

Sources: Share Purchase Agreement (Harman International Industries Inc /De/)

No Restraining Proceedings. No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction shall have been made, and no action or proceeding shall be pending or threatened which, in the opinion of counsel to the Purchaser, is likely to result in an order, decision or ruling,: 6.1.3.1. (i) to disallow, enjoin, prohibit or impose any limitations or conditions on the purchase and sale of the Purchased Assets contemplated hereby or the right of the Purchaser to own the Purchased Assets; , or 6.1.3.2. (ii) to impose any limitations or conditions which may have a Material Adverse Effect on the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement