Director Resignation. At the written request of Parent prior to the Closing, the Company shall use reasonable best efforts to obtain the resignation of the members of the Company Board specified in such request by Parent who are in office immediately prior to the Effective Time, which resignations shall be effective at, and contingent upon the occurrence of, the Effective Time.
Appears in 2 contracts
Samples: Merger Agreement (Home Loan Servicing Solutions, Ltd.), Merger Agreement (New Residential Investment Corp.)
Director Resignation. At the written request of Parent prior Prior to the Closing, except as otherwise may be directed by Parent in writing, the Company shall use reasonable best efforts to obtain the resignation letters from each of the members of the board of directors of the Company Board specified and its Subsidiaries, in such request by Parent who are in office immediately prior each case with the resignation to the Effective Time, which resignations shall be effective at, and contingent upon the occurrence of, as of the Effective Time.
Appears in 2 contracts
Samples: Merger Agreement (Enzymotec Ltd.), Merger Agreement (Frutarom LTD)
Director Resignation. At the written request of Parent On or prior to the Closing, except as otherwise may be directed by Buyer in writing, the Company Seller shall use reasonable best efforts obtain and deliver to obtain the Buyer resignation letters from each of the members of the Company Board specified board of directors of the Company, in such request by Parent who are in office immediately prior each case with the resignation to the Effective Time, which resignations shall be effective at, and contingent upon as of the occurrence of, the Effective TimeClosing.
Appears in 1 contract
Samples: Stock and Asset Purchase Agreement (Impax Laboratories Inc)
Director Resignation. At the written request of Parent prior to the Closing, the The Company shall use reasonable best efforts to obtain and deliver to Parent at the resignation Closing resignations, effective as of the members of the Company Board specified in such request by Parent who are in office immediately prior to the Effective Time, which resignations shall be effective at, executed by each of the directors of the Company and contingent upon each of the occurrence of, wholly owned Company Subsidiaries designated by Parent in writing to the Effective TimeCompany not less than five (5) Business Days prior to the Closing (if any).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Navigant Consulting Inc)
Director Resignation. At the written request of Parent prior Prior to the Closing, except as otherwise may be agreed by Parent, the Company shall use reasonable best efforts to obtain the resignation letters from each of the members of the board of directors of the Company Board specified and its Subsidiary, in such request by Parent who are in office immediately prior each case with the resignation to the Effective Time, which resignations shall be effective at, and contingent upon the occurrence of, as of the Effective Time.
Appears in 1 contract
Samples: Merger Agreement (NeuroDerm Ltd.)
Director Resignation. At The Company shall obtain and deliver to Parent at the written request Closing evidence reasonably satisfactory to Parent of the resignation, effective as of the Effective Time, of those directors of the Company or any Subsidiary of the Company designated by Parent to the Company in writing at least five Business Days prior to the Closing, the Company shall use reasonable best efforts to obtain the resignation of the members of the Company Board specified in such request by Parent who are in office immediately prior to the Effective Time, which resignations shall be effective at, and contingent upon the occurrence of, the Effective Time.
Appears in 1 contract
Director Resignation. At the written request of Parent On or prior to the ClosingClosing Date, the Company shall use reasonable best efforts to obtain the written resignation of the members directors of the Company Board specified in such request by Parent who are in office immediately prior to the Effective TimeCompany, which resignations shall be effective at, and contingent upon the occurrence of, as of the Effective Time.
Appears in 1 contract
Samples: Merger Agreement (Accellent Corp.)