Proceedings; Orders. (a) There is no pending Proceeding and, to the Company’s Knowledge, no Person has threatened to commence any Proceeding: (i) to which Company is a party or which directly relates to any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or (ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding. (b) Within the last five years, no material Proceeding has been commenced by or against the Company and, to the Company’s Knowledge, no such Proceeding has been threatened. (c) There is no Order to which the Company, or any of the assets owned by the Company, is subject. (d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business. (e) There is no proposed Order that, if issued or otherwise put into effect (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the Acquisition.
Appears in 2 contracts
Sources: Stock and Partnership Interest Purchase Agreement, Stock and Partnership Interest Purchase Agreement (NightHawk Radiology Holdings Inc)
Proceedings; Orders. (a) There 2.17.1 Except as set forth in Schedule 2.17, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding:
: (ia) to which that involves Company is a party or which directly that otherwise relates to or likely would affect Company’s Business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or
(iib) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements andtransactions contemplated hereby.
2.17.2 Except as set forth in Schedule 2.17, to the Company’s KnowledgeKnowledge of Company and each Seller, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within the last five years2.17.3 Except as set forth in Schedule 2.17, and except for unemployment claims, no material Proceeding has been commenced by or against Company, and no Proceeding otherwise involving or relating to Company has been pending or threatened, in the past five (5) years.
2.17.4 Company andhas made available to Buyer accurate and complete copies of all pleadings, correspondence and other written materials to which Company has access that relate to the Company’s Knowledge, no such Proceeding has been threatenedProceedings identified in Schedule 2.17.
(c) 2.17.5 There is no Order to which the Company, Company or any of the assets owned or used by the Company, is subject, and no Seller is subject to any Order that relates to Company’s Business or to any of the assets owned or used by Company.
(d) To 2.17.6 No officer or, to the Company’s KnowledgeKnowledge of Company and each Seller, neither the General Partner nor any officer, employee, or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s businessBusiness.
(e) 2.17.7 There is no proposed Order that, if issued or otherwise put into effect effect, (ia) would have an adverse effect on Company’s business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of Company or any Seller to have a Material Adverse Effect comply with or perform any covenant or obligation under the Agreement, or (iib) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the Acquisitiontransactions contemplated hereby.
2.17.8 Except as disclosed in Schedule 2.17, each Proceeding listed in Schedule 2.17 is covered by existing policies of insurance up to the maximum applicable policy limit (excluding required deductibles).
2.17.9 Except as disclosed in Schedule 2.17, Company is not a party to any Proceeding as a party plaintiff, nor is Company presently contemplating the initiation of any such Proceeding.
Appears in 2 contracts
Sources: Merger Agreement (Penn Octane Corp), Merger Agreement (Rio Vista Energy Partners Lp)
Proceedings; Orders. (a) There Except as set forth in Part 2.27 of the Disclosure Schedule, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding:
(i) to which that involves any Company is a party or which directly that otherwise relates to or might affect any Company's business or any of the assets owned or used by the any Company (whether or not the such Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. Except as set forth in Part 2.27 of the Company’s KnowledgeDisclosure Schedule, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within Except as set forth in Part 2.27 of the last five yearsDisclosure Schedule, no material Proceeding has ever been commenced by or against any of the Company and, Companies; and no Proceeding otherwise involving or relating to any of the Company’s Knowledge, no such Proceeding Companies has been threatenedpending or threatened at any time.
(c) SFG has delivered to the Purchaser accurate and complete copies of all pleadings, correspondence and other written materials to which any Company has access that relate to the Proceedings identified in Part 2.27 of the Disclosure Schedule.
(d) There is no Order to which the any Company, or any of the assets owned or used by the any Company, is subject; and none of the Selling Securityholders is subject to any Order that relates to any Company's business or to any of the assets owned or used by any Company.
(de) To the Company’s Knowledge, neither the General Partner nor No officer or employee of any officer, employee, or contractor of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the such Company’s 's business.
(ef) There is no proposed Order that, if issued or otherwise put into effect effect, (i) would may have an adverse effect on such Company's business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of any Company or any of the Selling Securityholders to have a Material Adverse Effect comply with or perform any covenant or obligation under any of the Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Titan Corp), Stock Purchase Agreement (Cayenta Inc)
Proceedings; Orders. (a) There 2.17.1 Except as set forth in Schedule 2.17, there is no pending Proceeding Proceeding, and, to the Company’s KnowledgeKnowledge of Seller and each Shareholder, no Person has threatened to commence any Proceeding:
: (ia) to which that involves Company is a party or which directly that otherwise relates to or likely would affect Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or
(iib) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements andtransactions contemplated hereby.
2.17.2 Except as set forth in Schedule 2.17, to the Company’s KnowledgeKnowledge of Seller and each Shareholder, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within 2.17.3 Except as set forth in Schedule 2.17, within the last five (5) years, : (a) no material Proceeding has been commenced by or against the Company, and (b) no Proceeding otherwise involving or relating to Company andhas been pending or, to the Company’s KnowledgeKnowledge of Seller and each Shareholder, no such Proceeding has been threatened.
(c) 2.17.4 To the extent requested by Buyer, Company has delivered or will deliver prior to Closing to the Buyer materially accurate and complete copies of all pleadings, correspondence and other written materials to which Company has access that relate to the Proceedings identified in Schedule 2.17.
2.17.5 There is no Order to which the Company, or any of the assets owned or used by the Company, is subject, and Seller is not subject to any Order that relates to Company’s business or to any of the assets owned or used by Company.
(d) To the Company’s Knowledge, neither the General Partner nor any officer, employee, 2.17.6 No officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business.
(e) 2.17.7 There is no current proposed Order that, if issued or otherwise put into effect effect, (ia) would or could reasonably be expected to have a Material Adverse Effect materially adverse effect on Company’s business, condition, assets, liabilities, operations, financial performance, net income or prospects or on the ability of Company or Seller to comply with or perform any covenant or obligation under the Agreement, or (iib) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the Acquisitiontransactions contemplated hereby.
2.17.8 Except as disclosed in Schedule 2.17, each Proceeding listed in Schedule 2.17 is fully covered by existing policies of insurance.
2.17.9 Except as disclosed in Schedule 2.17, Company is not a party to any Proceeding as a party plaintiff, nor is Company presently contemplating the initiation of any such Proceeding.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Rio Vista Energy Partners Lp), Stock Purchase Agreement (Penn Octane Corp)
Proceedings; Orders. (a) There is no pending Proceeding and, to the Company’s KnowledgeKnowledge of the Company and the Controlling Shareholders, no Person has threatened to commence any Proceeding:
(i) to which that involves the Company is a party or which directly that otherwise relates to or might affect the business of the Company or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no Transactions.
(b) No event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceedingmaterial Proceeding of the type described in Section 4.07(a).
(bc) Within the last five years, no material No Proceeding has ever been commenced by or against the Company and, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time.
(cd) There is no Order to which the Company, Company or any of the assets owned or used by the Company, Company is subject.
(d) To , and to the Company’s KnowledgeKnowledge of the Company and the Controlling Shareholders, neither none of the General Partner nor Selling Shareholders is subject to any officer, employee, or contractor Order that relates to the business of the Company or to any of the General Partner, assets owned or used by the Company.
(e) No officer or employee of the Company is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the business of the Company’s business.
(ef) There To the knowledge of the Company and the Controlling Shareholders, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to may have a Material Adverse Effect material adverse effect on the business, condition, assets, liabilities, operations, financial performance, net income or prospects (or on any aspect or portion thereof) of the Company or on the ability of the Company or any of the Controlling Shareholders to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Documents, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 1 contract
Proceedings; Orders. (a) There To the Knowledge of the Company, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding:
Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such ProceedingProceeding which could reasonably have a material adverse effect on the Company.
(b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company andCompany, and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending at any time.
(c) There The Company has delivered to Acquiror or its counsel accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 4.20 of the Disclosure Schedule.
(d) To the Company's Knowledge, there is no Order to which the Company, or any of the assets owned or used by the Company, is subject.
(de) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business.
(ef) There To the Knowledge of the Company, there is no Order that, or proposed Order (other than any proposed Order that would be applicable generally to the semiconductor industry) that, if issued or otherwise put into effect effect, (i) likely would have an adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of the Company to have a Material Adverse Effect comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 1 contract
Proceedings; Orders. (a) There Except as set forth on Section 2.21 of the Company Disclosure Schedule, there is no pending Proceeding andProceeding, and to the knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding:
Proceeding (i) to which that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute ); or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding; or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. To the knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within Except as set forth on Section 2.21 of the last five yearsCompany Disclosure Schedule, since January 1, 2004 no material Proceeding has been commenced by or against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Company’s Knowledgeknowledge, no such Proceeding has been threatenedthreatened at any time.
(c) The Company has delivered to Buyer complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Section 2.21 (a) or (b) of the Company Disclosure Schedule.
(d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject.
(de) To the knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business.
(ef) There is no Order, or to the knowledge of the Company, proposed Order (other than any proposed Order that would be applicable generally to the contract machine shop industry) that, if issued or otherwise put into effect effect, (i) likely would or could reasonably be expected to have a Material Adverse Effect material adverse effect on the ability of the Company to comply with or perform any covenant or obligation under this Agreement or any of the other Transactional Agreements or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 1 contract
Proceedings; Orders. (a) There Except as set forth in Part 2.25(a) of the Disclosure Schedule, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding:
(i) to which that involves the Company is a party or which directly that otherwise relates to or might affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. Except as set forth in Part 2.25(a) of the Company’s KnowledgeDisclosure Schedule, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within Except as set forth in Part 2.25(b) of the last five yearsDisclosure Schedule, no material Proceeding has ever been commenced by or against the Company and, Company; and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time.
(c) The Company has delivered to the Purchaser accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Part 2.25 of the Disclosure Schedule.
(d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject; and none of the Selling Stockholder is subject to any Order that relates to the Company’s business or to any of the assets owned or used by the Company.
(de) To the best of the Company’s Knowledge, neither the General Partner nor any officer, employee, Knowledge no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business.
(ef) There is no proposed Order that, if issued or otherwise put into effect effect, (i) would may have an adverse effect on the Company’s business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of the Company or any of the Selling Stockholder to have a Material Adverse Effect comply with or perform any covenant or obligation under any of the Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 1 contract
Proceedings; Orders. (a) There Except as set forth in Part 2.26 of the Disclosure Schedule, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding:
(i) to which Company is a party that involves MS or which directly that otherwise relates to or might affect MS's business or any of the assets owned or used by the Company MS (whether or not the Company MS is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to Transactions. Except as set forth in Part 2.26 of the Company’s KnowledgeDisclosure Schedule, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within Except as set forth in Part 2.26 of the last five yearsDisclosure Schedule, no material Proceeding has ever been commenced by or against the Company and, MS; and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding MS has been threatenedpending or threatened at any time.
(c) MS has delivered to the Purchaser accurate and complete copies of all pleadings, correspondence and other written materials to which MS has access that relate to the Proceedings identified in Part 2.26 of the Disclosure Schedule.
(d) There is no Order to which the CompanyMS, or any of the assets owned or used by the CompanyMS, is subject; and none of the Selling Shareholders is subject to any Order that relates to MS's business or to any of the assets owned or used by MS.
(de) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor best of the Company Knowledge of MS and the Selling Shareholders, no officer or employee of the General Partner, MS is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s MS's business.
(ef) There is no proposed Order that, if issued or otherwise put into effect effect, (i) would may have an adverse effect on MS's business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of MS or any of the Selling Shareholders to have a Material Adverse Effect comply with or perform any covenant or obligation under any of the Transactional Agreements, or (ii) would otherwise may have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 1 contract
Proceedings; Orders. (a) There Except as set forth in Schedule 2.17, there is no pending Proceeding andProceeding, and to the Knowledge of the Company’s Knowledge, no Person has threatened to commence any Proceeding:
(i) to which 1. that involves the Company is a party or which directly that otherwise relates to or likely would affect the Company's business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or
(ii) 2. that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, transactions contemplated hereby.
(b) Except as set forth in Schedule 2.17 to the Knowledge of the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that likely would be reasonably expected to directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(bc) Within the last five yearsExcept as set forth in Schedule 2.17, no material Proceeding has ever been commenced by or against the Company andor, to the Knowledge of the Company’s Knowledge, against the Company, and no such Proceeding otherwise involving or relating to the Company has been threatenedpending or, to the Knowledge of the Company threatened at any time.
(cd) There The Company has delivered to the Buyer accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Schedule 2.17.
(e) To the Knowledge of the Company, there is no Order to which the Company, or any of the assets owned or used by the Company, is subject, is not subject to any Order that relates to the Company's business or to any of the assets owned or used by the Company.
(df) To the Knowledge of the Company’s Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business.
(eg) There To the Knowledge of the Company, there is no proposed Order that, if issued or otherwise put into effect effect, (i) would have an adverse effect on the Company's business, condition, assets, liabilities, operations, financial performance, net income or could reasonably be expected prospects (or on any aspect or portion thereof) or on the ability of the Company or any Shareholder to have a Material Adverse Effect comply with or perform any covenant or obligation under the Agreement, or (ii) would otherwise may have the effect of preventing, delaying, making illegal legal or otherwise interfering with any of the Acquisitiontransactions contemplated hereby.
(h) Except as disclosed in Schedule 2.17, each Proceeding listed in Schedule 2.17 is fully covered by existing policies of insurance.
(i) Except as disclosed in Schedule 2.17, the Company is not a party to any Proceeding as a party plaintiff, nor is the Company presently contemplating the initiation of any such Proceeding.
Appears in 1 contract
Sources: Stock Purchase Agreement (Wd 40 Co)
Proceedings; Orders. (a) There Except as set forth in Schedule 3.24(a) attached hereto, there is no pending Proceeding andProceeding, to the Company’s Knowledge, and no Person has threatened to commence any Proceeding:
(i) to which Proceeding that involves the Company is a party or which directly that otherwise relates to or might affect the Company’s business or any of the assets owned or used by the Company (whether or not the Company is named as a party thereto); or that challenges, or that could be reasonably expected to have the effect of preventing, delaying, making illegal or otherwise interfering with, any of the Transactions. Except as set forth in Schedule 3.24(a) and, to the Company’s Knowledgeattached hereto, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to might directly or indirectly give rise to, to or serve as a reasonable basis for, the commencement of any such Proceeding; or
(ii) that challenges, or that may have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within the last five yearsExcept as set forth in Schedule 3.24(b) attached hereto, no material Proceeding has ever been commenced by or against the Company and, Company; and no Proceeding otherwise involving or relating to the Company’s Knowledge, no such Proceeding Company has been threatenedpending or threatened at any time.
(c) The Company has delivered to the ILOG Group accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings identified in Schedule 3.24(c) attached hereto.
(d) There is no Order to which the Company, or any of the assets owned or used by the Company, is subject; and none of the LogicTools Stockholders are subject to any Order that relates to the Company’s business or to any of the assets owned or used by the Company.
(de) To the Company’s Knowledge, neither the General Partner nor any officer, employee, or contractor Knowledge of the Company and the Voting Stockholders, no officer or employee of the General Partner, Company is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s business.
(ef) There is no proposed Order that, if issued or otherwise put into effect effect, (i) would or could reasonably be expected to have a Material Adverse Effect or (ii) would otherwise could be reasonably expected to have the effect of preventing, delaying, making illegal or otherwise interfering with any of the AcquisitionTransactions.
Appears in 1 contract
Sources: Merger Agreement (Ilog Sa)
Proceedings; Orders. (a) There is no pending Proceeding andProceeding, and to the Company’s Knowledge, 's Knowledge no Person has threatened to commence any Proceeding:
(i) to which that involves the Company is a party or which directly that otherwise relates to or could affect the Company's business, any of the assets owned or used by the Company or any product or service offered for sale or license by the Company (whether or not the Company is named as a party thereto) and, to the Company’s Knowledge, no event has occurred, and no claim, dispute or other condition or circumstance exists, that would be reasonably expected to give rise to, or serve as a reasonable basis for, the commencement of any such Proceeding); or
(ii) that challenges, or that may could have the effect of preventing, delaying, making illegal or otherwise interfering with, the Acquisition or the Company’s ability to comply with or perform its obligations and covenants under this Agreement or any of the other Transaction Agreements and, to the Company’s Knowledge, no transactions contemplated by this Agreement. No event has occurred, and to the Company's Knowledge no claim, dispute or other condition or circumstance exists, that would be reasonably expected to could directly or indirectly give rise to, to or serve as a reasonable basis for, for the commencement of any such Proceeding.
(b) Within the last five years, no material No Proceeding has ever been commenced by or against the Company, and no Proceeding otherwise involving or relating to the Company andhas been pending or, to the Company’s 's Knowledge, no such Proceeding has been threatenedthreatened at any time.
(c) The Company has delivered to the Purchaser accurate and complete copies of all pleadings, correspondence and other written materials to which the Company has access that relate to the Proceedings, if any, identified in Section 4.23 of the Disclosure Schedule.
(d) There is no Order to which the Company, or any of the assets owned or used by the Company or any product or service offered for sale or license by the Company, is subject.
(de) To the Company’s 's Knowledge, neither the General Partner nor any officer, employee, no officer or contractor employee of the Company or of the General Partner, is subject to any Order that prohibits the General Partner, officer, such officer or employee or contractor of the Company or the General Partner from engaging in or continuing any conduct, activity or practice relating to the Company’s 's business.
(ef) There To the Company's Knowledge, there is no proposed Order that, if issued or otherwise put into effect (i) would or could reasonably be expected to effect, may have a Material Adverse Effect or (ii) would otherwise have the effect of preventing, delaying, making illegal or otherwise interfering with the AcquisitionEffect.
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Sources: Merger Agreement (Innovative Gaming Corp of America)