Conduct of Business of Merger Sub. Parent shall cause Merger Sub to (i) perform its obligations under this Agreement, (ii) not engage directly or indirectly in any business or activities of any type or kind and not enter into any agreements or arrangements with any person, or be subject to or bound by any obligation or undertaking, which is inconsistent with this Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (National Grid PLC), Agreement and Plan of Merger (Keyspan Corp)
Conduct of Business of Merger Sub. Prior to the Effective Time, except as may be required by applicable law and subject to the other provisions of this Agreement, Parent shall cause Merger Sub to (i) perform its obligations under this AgreementAgreement in accordance with its terms, and (ii) not engage directly or indirectly in any business or activities of any type or kind and not enter into any agreements or arrangements with any person, or be subject to or bound by any obligation or undertaking, which is inconsistent with this Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Keyspan Corp), Agreement and Plan of Merger (Etown Corp)
Conduct of Business of Merger Sub. Following the incorporation of --------------------------------- Merger Sub as required by Section 1.06, prior to the Effective Time, except as may be required by applicable law and subject to the other provisions of this Agreement, Parent shall cause Merger Sub to (i) perform its obligations under this AgreementAgreement in accordance with its terms, and (ii) not engage directly or indirectly in any business or activities of any type or kind and not enter into any agreements or arrangements with any person, or be subject to or bound by any obligation or undertaking, which is inconsistent with this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Yankee Energy System Inc)
