Common use of Proceedings and Orders Clause in Contracts

Proceedings and Orders. As of the date of this Agreement, no Proceeding or Order is outstanding or pending, or to the Knowledge of the Seller, has been threatened, against the Seller, that affects or relates to any of the Seller's Purchased Shares or that would otherwise impair, in any manner, the Seller's ability to perform the Seller's obligations under this Agreement or any other Closing Documents to which the Seller is a party, or to consummate the transactions contemplated hereby or thereby.

Proceedings and Orders. As of the date of this Agreement, no Proceeding or Order is outstanding or pending, or to the Knowledge knowledge of the Seller, has been threatened, against the Seller, that affects or relates to any of the Seller's Purchased Shares Assets or that would otherwise impair, in any manner, the Seller's ’s ability to perform the Seller's ’s obligations under this Agreement or any other the Closing Documents to which the Seller is a party, or to consummate the transactions contemplated hereby or and thereby, comprising the Transaction.