Common use of Reasonable Efforts/Cooperation Clause in Contracts

Reasonable Efforts/Cooperation. Each of the parties hereto will use its commercially reasonable efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate the transactions contemplated by this Agreement. Each of the parties hereto shall cooperate fully on any issue relating to the transactions contemplated by this Agreement for which the other party seeks a determination letter or private letter ruling from the Internal Revenue Service, an advisory opinion from the Department of Labor or any other filing, consent or approval with respect to or by a governmental agency.

Appears in 7 contracts

Samples: Employee Benefits Agreement (Teradata Corp /De/), Employee Benefits Agreement (NCR Corp), Employee Benefits Agreement (Piper Jaffray Companies)

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Reasonable Efforts/Cooperation. Each of the parties Parties hereto will use its commercially reasonable best efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable laws Laws and regulations to consummate the transactions contemplated by this Agreement, including adopting plans or plan amendments. Each of the parties Parties hereto shall cooperate fully on any issue relating to the transactions contemplated by this Agreement for which the other party Party seeks a determination letter or private letter ruling from the Internal Revenue Service, an advisory opinion from the Department of Labor or any other filing, consent or approval with respect to or by a governmental agencyapproval.

Appears in 7 contracts

Samples: Employee Matters Agreement (Theravance Biopharma, Inc.), Employee Matters Agreement (Theravance Biopharma, Inc.), Employee Matters Agreement (Furiex Pharmaceuticals, Inc.)

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Reasonable Efforts/Cooperation. Each of the parties Parties hereto will shall use its commercially reasonable efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things reasonably necessary, proper or advisable under applicable laws and regulations Laws or contractual obligations to consummate and make effective the transactions contemplated by this Agreement, including adopting plans or plan amendments. Each of the parties Parties hereto shall cooperate fully on any issue relating to the transactions contemplated by this Agreement for which the other party Party seeks a determination letter or private letter ruling from the Internal Revenue ServiceIRS, an advisory opinion from the Department of Labor or any other filing, consent or approval with respect to or by a governmental agencyGovernmental Entity.

Appears in 1 contract

Samples: Employee Matters Agreement (Enexus Energy CORP)

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