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 hereto that neither Parent nor Merger Sub by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the Company and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of the Company.

Appears in 2 contracts

Samples: Merger Agreement (Community First Bankshares Inc), Merger Agreement (Bancwest Corp/Hi)

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Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto that neither Parent nor Merger Sub by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the Company and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of the Company.

Appears in 2 contracts

Samples: Merger Agreement (Bancwest Corp/Hi), Merger Agreement (Commercial Federal Corp)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto that neither the Parent nor the Merger Sub by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the Company and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of the Company.

Appears in 1 contract

Samples: Merger Agreement (Sky Financial Group Inc)

Absence of Control. Subject to any specific provisions of this Agreement, it It is the intent of the parties hereto that neither Parent nor and Merger Sub by reason of this Agreement shall not be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the Company and shall not exercise, or be deemed any of its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of the CompanyCompany or any of its Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Standard AVB Financial Corp.)

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Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto that neither Parent nor Merger Sub by reason of this Agreement shall not be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the Company and shall not exercise, or be deemed Company Bank or to exercise, directly or indirectly, a controlling influence over the management or policies of the CompanyCompany or Company Bank.

Appears in 1 contract

Samples: Merger Agreement (Home Bancorp, Inc.)

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