Common use of Action by the Parties Clause in Contracts

Action by the Parties. Each of the parties hereto agrees to use its reasonable best efforts to take or cause to be taken all actions, and do or cause to be done all things, reasonably necessary, proper or advisable on its part under this Agreement and applicable Laws to consummate and make effective the Merger and the transactions contemplated by this Agreement as soon as practicable.

Appears in 2 contracts

Samples: Merger Agreement (Federal-Mogul Holdings Corp), Merger Agreement (Icahn Enterprises L.P.)

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Action by the Parties. Each of the parties hereto agrees to use its reasonable best efforts to take or cause to be taken all actions, and do or cause to be done all things, reasonably necessary, proper or advisable on its part under this Agreement and applicable Laws to consummate and make effective the Merger and the transactions contemplated by this Agreement as soon as practicable.

Appears in 2 contracts

Samples: Merger Agreement (Voltari Corp), Merger Agreement (Cadus Corp)

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