Common use of Further Action; Best Efforts Clause in Contracts

Further Action; Best Efforts. (a) Upon the terms and subject to the conditions hereof, each of the parties hereto shall (i) make promptly its respective filings, and thereafter make any other required submissions, under any applicable laws with respect to the transactions contemplated hereby and shall not make any filing or submission, or take any position, in connection with regulatory authorities (in respect of the transactions contemplated hereby or otherwise) without the consent of the Management Investor, CSX and NSC and (ii) use its best efforts to take, or cause to be taken, all appropriate action, and to do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations or otherwise to consummate and make effective the transactions contemplated hereby.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Delaware Otsego Corp), Execution Copy (Delaware Otsego Corp), Agreement and Plan of Merger (Norfolk Southern Corp)

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