Common use of Control of Operations Clause in Contracts

Control of Operations. Nothing contained in this Agreement shall give Buyer, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective Time. Prior to the Effective Time, each of Buyer and Seller shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (TMP Worldwide Inc), Agreement and Plan of Merger (Casella Waste Systems Inc)

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Control of Operations. Nothing contained in this Agreement shall be deemed to give BuyerPurchaser or the Company, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries other prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing Date. Prior to the Effective TimeClosing Date, each of Buyer the Purchaser and Seller Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.

Appears in 2 contracts

Samples: Equity Interest Purchase Agreement (Zenergy Brands, Inc.), Equity Interest Purchase Agreement (South American Properties, Inc.)

Control of Operations. Nothing contained in this Agreement shall give Buyer, directly or indirectly, the right to control or direct the operations of Seller or the Seller or its Subsidiaries prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries Bank prior to the Effective Time. Prior to the Effective Time, each of Buyer and Seller shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective and the Seller Bank's operations.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Financial Corp /Ri/), Agreement and Plan of Merger (Washington Trust Bancorp Inc)

Control of Operations. Nothing contained in this Agreement shall give the Buyer, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries Business prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing. Prior to the Effective TimeClosing, each of Buyer and Seller the Sellers shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its their respective operations.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Redfin Corp), Asset Purchase Agreement (Costar Group, Inc.)

Control of Operations. Nothing contained in this Agreement shall give the Buyer, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries Companies prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing. Prior to the Effective TimeClosing, each of Buyer and Seller the Companies shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operationsBusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Town Sports International Holdings Inc)

Control of Operations. Nothing contained in this Agreement shall give Buyer, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective Time. Prior to the Effective Time, each of Buyer and Seller shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Global Pharmaceutical Corp \De\)

Control of Operations. Nothing Notwithstanding anything to the contrary, nothing contained in this Agreement shall give Buyer, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries Company prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing. Prior to the Effective TimeClosing, each of Buyer and Seller the Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective business, assets and operations.

Appears in 1 contract

Samples: Securities Purchase Agreement (e.l.f. Beauty, Inc.)

Control of Operations. Nothing contained in this Agreement shall give to Buyer, directly or indirectly, the right rights to control or direct the operations of the Seller or its Subsidiaries Company prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing. Prior to the Effective TimeClosing, each of Buyer and Seller the Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over of its respective operations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rekor Systems, Inc.)

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Control of Operations. Nothing contained in this Agreement shall give Buyerthe Purchasers, directly or indirectly, the right to control or direct the Company's operations of the Seller or its Subsidiaries prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing Date. Prior to the Effective TimeClosing Date, each of Buyer the Company and Seller Purchasers shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Metricom Inc / De)

Control of Operations. Nothing contained in this Agreement shall give BuyerGeokinetics or the Purchasers, directly or indirectly, the right to control or direct the operations conduct of the Seller or its Subsidiaries Business prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing. Prior to the Effective TimeClosing, each of Buyer and Seller Sellers shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective their operations, including the Business.

Appears in 1 contract

Samples: Purchase Agreement (Geokinetics Inc)

Control of Operations. Nothing contained in this Agreement shall be deemed to give BuyerBuyers or the Company, directly or indirectly, the right to control or direct the operations of the Seller or its Subsidiaries other prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing Date. Prior to the Effective TimeClosing Date, each of Buyer the Buyers and Seller Company shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (American International Holdings Corp.)

Control of Operations. Nothing contained in this Agreement shall give Buyer, directly or indirectly, the right to control or direct the Related Entities’ operations of the Seller or its Subsidiaries prior to the Effective Time. Nothing contained in this Agreement shall give Seller, directly or indirectly, the right to control or direct the operations of Buyer or its Subsidiaries prior to the Effective TimeClosing. Prior to Closing, and subject to the Effective Timerestrictions agreed to by Seller pursuant to this Agreement and any Related Agreements, each of Buyer and Seller shall exercise, consistent with and subject to the terms and conditions of this Agreement, complete control and supervision over its respective operationsthe operations of the Related Entities.

Appears in 1 contract

Samples: Stock Purchase Agreement (Centennial Communications Corp /De)

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