No Violation or Injunction. No action or proceeding by or before any court or other Governmental Authority shall have been instituted or threatened by any Person or Governmental Authority whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement and each of the other Transaction Documents, or which might affect the right of the Company to issue and sell the Securities to Purchaser.
Appears in 3 contracts
Sources: Convertible Preferred Stock Securities Purchase Agreement (China New Energy Group CO), Series B Convertible Preferred Stock Securities Purchase Agreement (China New Energy Group CO), Convertible Preferred Stock Securities Purchase Agreement (China New Energy Group CO)