No Legal Proceedings Challenging Transaction Condition

Description

This AI field captures a closing condition that no governmental authority has issued any order, taken any action or enacted any law that restrains, makes illegal or otherwise prohibits the consummation of the transaction contemplated by the agreement. This AI field will also capture a condition that there are no actions or proceedings by third parties seeking to restrain closing of the transaction.

Jurisdiction

  • Australia
  • Canada (Alberta, British Columbia, Ontario, and Quebec)
  • United Kingdom (England, and Wales)
  • United States (California, Delaware, Georgia, New York, South Carolina, and Texas)

Document Types

  • 65% M&A Purchase Agt
  • 17% M&A Supplemental Agt
  • 15% Equity Related Agt
  • 3% Other

Tags

  • M&A Deal Points (Private Target)
  • M&A Deal Points (Public Target)

Language

  • 100% English