Control of Other Party’s Business. Nothing contained in this Agreement shall give NEES, directly or indxxxxtly, the right to control or direct EUA's operations prior to the Effective Time. Nothing contained in this Agreement shall give EUA, directly or indirectly, the right to control or direct NEES' operations priox xx the Effective Time. Prior to the Effective Time, each of EUA and NEES shall exercise, xxxxistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.
Appears in 2 contracts
Samples: Merger Agreement (Eastern Utilities Associates), Merger Agreement (Eastern Edison Co)
Control of Other Party’s Business. Nothing contained in this Agreement shall give NEESXXXX, directly or indxxxxtlyindirectly, the right to control or direct EUA's operations prior to the Effective Time. Nothing contained in this Agreement shall give EUA, directly or indirectly, the right to control or direct NEESXXXX' operations priox xx prior to the Effective Time. Prior to the Effective Time, each of EUA and NEES XXXX shall exercise, xxxxistent consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.
Appears in 2 contracts
Samples: Merger Agreement (New England Electric System), Merger Agreement (New England Electric System)
Control of Other Party’s Business. Nothing contained in this Agreement shall give NEESAgouron, directly or indxxxxtlyindirectly, the right to control or direct EUA's Wxxxxx-Xxxxxxx'x operations prior to the Effective Time. Nothing contained in this Agreement shall give EUAWxxxxx-Xxxxxxx, directly or indirectly, the right to control or direct NEES' Agouron's operations priox xx prior to the Effective Time. Prior to the Effective Time, each of EUA Agouron and NEES Wxxxxx- Xxxxxxx shall exercise, xxxxistent consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.
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