Common use of Action by Boards of Directors Clause in Contracts

Action by Boards of Directors. Prior to the Effective Time, the board of directors of each of Parent and the Company shall comply as applicable with the provisions of the SEC's no-action letter dated January 12, 1999 addressed to Skadden, Arps, Slate, Meagxxx xxx Flom XXX relating to Rule 16b of the Exchange Act.

Appears in 6 contracts

Samples: Merger Agreement (Komag Inc /De/), Merger Agreement (Xcarenet Inc), Merger Agreement (Healthcare Com Corp)

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Action by Boards of Directors. Prior to the Effective Time, the board of directors of each of Parent and the Company shall comply as applicable with the provisions of the SEC's no-action letter dated January 12, 1999 addressed to Skadden, Arps, Slate, Meagxxx xxx Flom XXX Mxxxxxx and Fxxx LLP relating to Rule 16b of the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (HMT Technology Corp)

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