Consultation Rights. The Company shall keep Parent reasonably apprised of the status of, and all other material matters regarding, the Credit Card Business Transaction and the Xxxx Spade Put, and the Company shall consult with Parent in good faith regarding all such material matters a reasonable period of time prior to making any payment or entering into any Contract, settlement or other binding arrangement regarding such material matters. The Company shall afford Parent the right to participate in any negotiation regarding such material matters to the extent reasonably requested by Parent.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Neiman Marcus, Inc.), Agreement and Plan of Merger (Neiman Marcus, Inc.)
Consultation Rights. The Company shall keep Parent reasonably apprised of the status ofconsult with, and all other material matters regardinggive written notice to, the Credit Card Business Transaction and the Xxxx Spade Put, and the Company shall consult with Parent in good faith regarding all such material matters a reasonable period of time prior to making any payment or entering into any Contract, settlement or other binding arrangement regarding such material matters. The Company shall afford Parent the right to participate in any negotiation regarding such material matters to the extent reasonably requested by Parent.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ace Comm Corp), Agreement and Plan of Merger (Ace Comm Corp)
Consultation Rights. The Company shall keep Parent reasonably apprised of the status of, and all other material matters regarding, the Credit Card Business Transaction and the Xxxx Spade Put, and the Company shall consult with Parent in good faith regarding all such material matters a reasonable period of time prior to making any payment or entering into any Contract, settlement or other binding arrangement regarding such material matters. The Company shall afford Parent the right to participate in any negotiation regarding such material matters to the extent reasonably requested by Parent.. SECTION 5.3
Appears in 1 contract
Samples: Agreement and Plan of Merger (Neiman Marcus Group Inc)
