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, until the Closing, neither Buyer nor the Company by reason of this Agreement shall be deemed (until consummation of the Merger) 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: Agreement and Plan of Merger (Associated Banc-Corp), Agreement and Plan of Merger (Bank Mutual Corp)

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

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Old National Bancorp /In/), Agreement and Plan of Reorganization (St Joseph Capital Corp)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the Parties parties to this Agreement that, until the Closing, that neither Buyer Acquiror nor the Company by reason of this Agreement shall be deemed (until consummation of the MergerContemplated Transactions) 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: Agreement and Plan of Merger (MidWestOne Financial Group, Inc.), Agreement and Plan of Merger (QCR Holdings Inc)

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

Appears in 1 contract

Samples: Voting Agreement (Sunshine Bancorp, Inc.)

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Absence of Control. Subject Notwithstanding anything to any specific provisions of the contrary contained in this Agreement, before the Effective Time, it is the intent of the Parties parties to this Agreement that, until the Closing, that neither Buyer nor the Company Seller by reason of the execution and delivery of this Agreement shall be deemed (until consummation of the Merger) 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 1 contract

Samples: Agreement and Plan of Merger (Wesbanco Inc)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the Parties parties to this Agreement thatthat none of Acquiror, until the Closing, neither Buyer nor the Company Acquisition Corp or Lotus by reason of this Agreement shall be deemed (until consummation of the MergerContemplated Transactions) to control, directly or indirectly, the any other Party or any of its respective subsidiaries party 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: Agreement and Plan of Merger (Level One Bancorp Inc)

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