Common use of Absence of Control Clause in Contracts

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror nor the Company by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactions) to control, directly or indirectly, the other party or any of its respective Subsidiaries 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.

Appears in 4 contracts

Samples: Merger Agreement (Midland States Bancorp, Inc.), Merger Agreement (County Bancorp, Inc.), Merger Agreement (Midland States Bancorp, Inc.)

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Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement hereto that neither Acquiror Sub nor the Company by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactionstransactions contemplated hereby) to control, directly or indirectly, the other party or any of its respective Subsidiaries 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 Subsidiariesparty.

Appears in 4 contracts

Samples: Merger Agreement (Commerce Bancshares Inc /Mo/), Merger Agreement (Commerce Bancshares Inc /Mo/), Merger Agreement (Commerce Bancshares Inc /Mo/)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties Parties to this Agreement that that, until the Closing, neither Acquiror Buyer nor the Company by reason of this Agreement shall be deemed (until consummation of the Contemplated TransactionsMerger) to control, directly or indirectly, the other party Party or any of its respective Subsidiaries subsidiaries and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party Party or any of its respective Subsidiariessubsidiaries.

Appears in 2 contracts

Samples: Merger Agreement (Associated Banc-Corp), Merger Agreement (Bank Mutual Corp)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties Parties to this Agreement that neither Acquiror Purchaser, the Corporation nor the Company Bank by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactions) to control, directly or indirectly, any other Party or the other party or any of its respective Subsidiaries Bank and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of any such other party Party or any of its respective Subsidiariesthe Bank.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (TriState Capital Holdings, Inc.), Preferred Stock Purchase Agreement (TriState Capital Holdings, Inc.)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror nor the Company by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactions) to control, directly or indirectly, the other party or any of its respective Subsidiaries 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.

Appears in 2 contracts

Samples: Merger Agreement (MidWestOne Financial Group, Inc.), Merger Agreement (QCR Holdings Inc)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror Old National nor the Company St. Jxxxxx by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactionstransactions contemplated herein) to control, directly or indirectly, the other party or any of its respective Subsidiaries subsidiaries 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 Subsidiariessubsidiaries.

Appears in 2 contracts

Samples: Merger Agreement (St Joseph Capital Corp), Merger Agreement (Old National Bancorp /In/)

Absence of Control. Subject to any specific provisions of this the Agreement, it is the intent of the parties to this Agreement that neither Acquiror First Capital nor the Company Peoples by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactionstransactions 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, 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.

Appears in 1 contract

Samples: Merger Agreement (First Capital Inc)

Absence of Control. Subject to any specific provisions of this the Agreement, it is the intent of the parties to this Agreement that neither Acquiror Buyer nor the Company by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactionstransactions contemplated herein) to control, directly or indirectly, the other party or any of its respective the other party’s Subsidiaries 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 the other party’s Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Sunshine Bancorp, Inc.)

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Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror nor the Company by reason of this Agreement shall not be deemed (until consummation of the Contemplated Transactions) to control, directly or indirectly, the other party or any of its respective Subsidiaries Company 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 SubsidiariesCompany.

Appears in 1 contract

Samples: Voting Agreement (QCR Holdings Inc)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror Integra nor the Company Peoples by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactionstransactions contemplated herein) to control, directly or indirectly, the other party or any of its respective Subsidiaries 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.

Appears in 1 contract

Samples: Merger Agreement (Peoples Community Bancorp Inc /Md/)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror NWIN nor the Company First Personal by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactionstransactions contemplated hereby) to control, directly or indirectly, the other party or any of its respective Subsidiaries (as defined in the introductory paragraphs to Article III and Article IV) 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 Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Northwest Indiana Bancorp)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties to this Agreement that neither Acquiror nor the Company none of Acquiror, Acquisition Corp or Lotus by reason of this Agreement shall be deemed (until consummation of the Contemplated Transactions) to control, directly or indirectly, the any other party or any of its respective Subsidiaries and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of any such other party or any of its respective Subsidiariesparty.

Appears in 1 contract

Samples: Merger Agreement (Level One Bancorp Inc)

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