Common use of Conduct of Business of Parent and Merger Sub Pending the Merger Clause in Contracts

Conduct of Business of Parent and Merger Sub Pending the Merger. Each of Parent and Merger Sub agrees that, between the date of this Agreement and the Effective Time, it shall not directly or indirectly, take any action or fail to take any action that is intended to, or would reasonably be expected to, result in any of the conditions to the Merger set forth in Article VI of this Agreement not being capable of being satisfied by the Outside Date or the Extended Outside Date, as applicable.

Appears in 4 contracts

Samples: Merger Agreement (BTP Acquisition Company, LLC), Agreement and Plan of Merger (BTP Acquisition Company, LLC), Merger Agreement (Image Entertainment Inc)

AutoNDA by SimpleDocs

Conduct of Business of Parent and Merger Sub Pending the Merger. Each of Parent and Merger Sub agrees that, between from the date of this Agreement until the earlier of the Effective Time and the Effective Timevalid termination of this Agreement in accordance with ‎Article VIII, it shall not directly or indirectly, take any action or fail to take any action (including any action with respect to a third party) that is intended towould, or would reasonably be expected to, individually or in the aggregate, result in any of the conditions to effecting the Merger set forth in Article VI of this Agreement not being capable becoming incapable of being satisfied by the Outside Date or the Extended Outside Date, as applicablehave a Parent Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Centurium Capital Partners 2018, L.P.), Merger Agreement (China Biologic Products Holdings, Inc.)

Conduct of Business of Parent and Merger Sub Pending the Merger. Each of Parent and Merger Sub agrees that, between the date of this Agreement and the Effective Time, it shall not not, directly or indirectly, take any action or fail to take any action that is intended towould, or would reasonably be expected to, result individually or in any the aggregate, prevent or materially delay the ability of the conditions Parent or Merger Sub to consummate the Merger set forth in Article VI of this Agreement not being capable of being satisfied by the Outside Date or the Extended Outside Date, as applicableother transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Performance Food Group Co)

Conduct of Business of Parent and Merger Sub Pending the Merger. Each of Parent and Merger Sub agrees that, between the date of this Agreement and the Effective Time, it shall not not, directly or indirectly, take any action or fail to take any action that is intended towould, or would reasonably be expected to, result individually or in any the aggregate, prevent, materially delay or materially impede the consummation of the conditions to the Merger set forth in Article VI of this Agreement not being capable of being satisfied by the Outside Date or the Extended Outside Date, as applicableother transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Claires Stores Inc)

AutoNDA by SimpleDocs

Conduct of Business of Parent and Merger Sub Pending the Merger. Each of Parent and Merger Sub agrees that, between from the date of this Agreement until the earlier of the Effective Time and the Effective Timevalid termination of this Agreement in accordance with Article VIII, it shall not directly or indirectly, take any action or fail to take (including any action with respect to a third party) that is intended towould, or would reasonably be expected to, result individually or in any the aggregate, prevent or materially delay the ability of Parent or Merger Sub to consummate the conditions to the Merger set forth in Article VI of this Agreement not being capable of being satisfied by the Outside Date or the Extended Outside Date, as applicableMerger.

Appears in 1 contract

Samples: Merger Agreement (Travelport Worldwide LTD)

Conduct of Business of Parent and Merger Sub Pending the Merger. Each of Parent and Merger Xxxxxx Sub agrees that, between from the date of this Agreement until the earlier of the Effective Time and the Effective Timevalid termination of this Agreement in accordance with Article VIII, it shall not directly or indirectly, take any action or fail to take any action that (including any action with respect to a third party), which is intended to, to or would reasonably be expected to, individually or in the aggregate, result in any of the conditions to effecting the Merger set forth in Article VI of this Agreement not being capable becoming incapable of being satisfied by the Outside Date or the Extended Outside Date, as applicablehave a Parent Material Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (Chindata Group Holdings LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!