Common use of Absence of Control Clause in Contracts

Absence of Control. It is the mutual intent of the Parties that (a) BancShares shall not by reason of this Agreement be deemed to control, directly or indirectly, the Company or any its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of the Company or any of its Subsidiaries and (b) the Company shall not by reason of this Agreement be deemed to control, directly or indirectly, BancShares or any its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of BancShares or any its Subsidiaries.

Absence of Control. It is the mutual intent of the Parties that (a) BancShares Company shall not by reason of this Agreement be deemed to control, directly or indirectly, the Company Target or any its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of the Company Target or any of its Subsidiaries Subsidiaries, and (b) the Company Target shall not by reason of this Agreement be deemed to control, directly or indirectly, BancShares Company or any of its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of BancShares Company or any of its Subsidiaries.

Absence of Control. It is the mutual intent of the Parties that (a) BancShares Reliant shall not by reason of this Agreement be deemed to control, directly or indirectly, the Company or any its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of the Company or any of its Subsidiaries and (b) the Company shall not by reason of this Agreement be deemed to control, directly or indirectly, BancShares Reliant or any of its Subsidiaries or to exercise, directly or indirectly, a controlling influence over the management or policies of BancShares Reliant or any of its Subsidiaries.