Common use of Election of New Board; Other Actions Clause in Contracts

Election of New Board; Other Actions. Immediately after the Closing on the Closing Date, Purchaser shall procure that each Acquired Company holds such shareholders’ meetings as may be required in order to elect a board of directors. Purchaser shall procure that each Acquired Company, promptly thereafter, makes all necessary filings with the relevant governmental authorities and takes all other necessary action to register in the applicable public registry the resignation of the retiring board members and the matters decided pursuant to this Section 7.4.1.

Appears in 4 contracts

Samples: Share Sale and Purchase Agreement, Share Sale and Purchase Agreement (Invitrogen Corp), Share Sale and Purchase Agreement (Invitrogen Corp)

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