Common use of Proceedings; Orders Clause in Contracts

Proceedings; Orders. There is no Proceeding or investigation pending or, to the knowledge of Purchaser, threatened against Purchaser, its properties or businesses, that (i) challenges the validity of this Agreement or any action taken or to be taken by Purchaser in connection herewith, or (ii) seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement, or which, individually or in the aggregate, would impair or delay the ability of Purchaser to effect the Closing. Purchaser is not subject to any Order that, individually or in the aggregate, would impair or delay the ability of Purchaser to affect the Closing.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Photomedex Inc), Asset Purchase Agreement (Photomedex Inc), Asset Purchase Agreement (Mela Sciences, Inc. /Ny)

Proceedings; Orders. There is no Proceeding or investigation pending or, to the knowledge of the Purchaser, threatened against the Purchaser, its properties or businesses, that (i) challenges the validity of this Agreement or any action taken or to be taken by the Purchaser in connection herewith, ; or (ii) seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement, or which, individually or in the aggregate, would impair or delay the ability of the Purchaser to effect affect the Closing. The Purchaser is not subject to any Order that, individually or in the aggregate, that would impair or delay the ability of the Purchaser to affect the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement

Proceedings; Orders. There is no Proceeding or investigation pending or, to the knowledge of Purchaser, threatened against Purchaser, its properties or businesses, that (i) challenges the validity of this Agreement or any action taken or to be taken by Purchaser in connection herewith, or (ii) seeks to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement, or which, individually or in the aggregate, would impair or delay the ability of Purchaser to effect affect the Closing. Purchaser is not subject to any Order that, individually or in the aggregate, that would impair or delay the ability of Purchaser to affect the Closing.

Appears in 1 contract

Sources: Asset Purchase Agreement (ICTV Brands Inc.)