Common use of Absence of Control Clause in Contracts

Absence of Control. Subject to any specific provisions of the Agreement, it is the intent of the parties to this Agreement that neither Merchants nor BDC by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herein) to control, directly or indirectly, the other party or any of its respective Subsidiaries (as such term is defined below) and shall not exercise or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party or any of its respective Subsidiaries.

Absence of Control. Subject to any specific provisions of the this ------------------ Agreement, it is the intent of the parties to this Agreement that neither Merchants Acquiror nor BDC CGB&L by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereinContemplated Transactions) to control, directly or indirectly, the other party or any of its respective Subsidiaries (as such term is defined below) and shall not exercise exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party or any of its respective Subsidiariesparty.

Absence of Control. Subject to any specific provisions of the this Agreement, it is the intent of the parties to this Agreement that neither Merchants MainSource nor BDC FCB by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereinhere) to control, directly or indirectly, the other party or any of its respective Subsidiaries (as such term is defined below) and shall not exercise or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party or any of its respective Subsidiaries.