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: Agreement and Plan of Merger (Community First Bankshares Inc), Agreement and Plan of Merger (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 to this Agreement that neither Parent nor Merger Sub Purchaser by reason of this Agreement shall not be deemed (until consummation of the Merger and the other transactions contemplated herebyby the Plan of Merger) 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: Voting and Support Agreement (Wintrust Financial Corp), Voting and Support Agreement (Macatawa Bank 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: Agreement and Plan of Merger (Sky Financial Group Inc)

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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: Agreement and Plan of Merger (Standard AVB Financial Corp.)

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