Common use of Legal Conditions to Merger Clause in Contracts

Legal Conditions to Merger. Each of the Company and Levy Acquisition Co. shall, and shall cause its Subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval of stockholders of the Company described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoing.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Oriole Homes Corp), Agreement and Plan of Merger (Loeb Partners Corp), Agreement and Plan of Merger (Levy Richard D)

AutoNDA by SimpleDocs

Legal Conditions to Merger. Each of the Company Company, Parent and Levy Acquisition Co. shall, and shall cause its Subsidiaries to, use Sub will take all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries itself with respect to the Merger (which actions shall include, without limitation, furnishing all information required in connection with approvals of or filing with any Governmental Entity) and will promptly cooperate with each other and furnish information to consummate each other in connection with any such requirements imposed upon any of them or any of their Subsidiaries in connection with the transactions contemplated by this Agreement, subject to the approval of stockholders Merger. Each of the Company described in Section 6.1 Company, Parent and Sub will, and will cause its Subsidiaries to, take all reasonable actions necessary to (a), and (ii) to obtain (and to will cooperate with the each other party to obtainin obtaining) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any or other public or private third party which is party, required to be obtained or made by such party Parent, the Company or any of its their respective Subsidiaries in connection with the Merger or the taking of any action contemplated thereby or by this Agreement and (b) provide such other information and communications to such Governmental Entities or other public or private third parties as the other party or such Governmental or Regulatory Authorities or other public or private third parties may reasonably request in connection therewith. In addition to and not in limitation of the foregoing, each of the parties will (x) take promptly all actions necessary to make the filings required of Parent and the transactions contemplated Company or their affiliates under the HSR Act, (y) comply at the earliest practicable date with any request for additional information received by this Agreement; provided, however, that a such party shall not be obligated to take any action or its affiliates from the Federal Trade Commission (the "FTC") or the Antitrust Division of the Department of Justice (the "Antitrust Division") pursuant to the foregoing if HSR Act, and (z) cooperate with the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, other party in connection with such party's reasonable opinion, (x) to be materially burdensome to such party filings under the HSR Act and its Subsidiaries taken as a whole in connection with resolving any investigation or to impact in a materially adverse manner other inquiry concerning the economic Merger or business benefits of the transactions other matters contemplated by this Agreement so as to render uneconomic commenced by either the consummation of FTC or the Merger Antitrust Division or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoingstate attorneys general.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Richey Electronics Inc), Agreement and Plan of Merger (Arrow Electronics Inc), Agreement and Plan of Merger (Arrow Electronics Inc)

Legal Conditions to Merger. (a) Each of Parent and the Company and Levy Acquisition Co. shallwill, and shall will cause its Subsidiaries to, use all their reasonable best efforts (i) to take, or cause to be taken, all actions necessary necessary, proper or advisable to comply promptly with all legal requirements which that may be imposed on such party or its Subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to Agreement as soon as practicable after the approval of stockholders of the Company described in Section 6.1 (a), date hereof and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which that is required to be obtained by the Company or made by such party Parent or any of its their respective Subsidiaries in connection with the Merger Merger, the financing contemplated by the Financing Commitments and the other transactions contemplated by this Agreement; provided, howeverincluding all steps necessary to promptly identify any impediments to complying with all legal requirements or to obtaining such consents, that authorizations, orders, approvals, or exemptions. Parent and Company will cooperate with one another and with Governmental Entities to resolve or settle any issues as early as possible and with a party shall not view to the Termination Date. Nothing in this Agreement will require, or be obligated deemed to require, the parties to this Agreement to agree to take any action pursuant of the following actions in order to obtain the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likelyof any Governmental Entity in order to satisfy the condition set forth in Section 7.1(c) where such actions would have a Material Adverse Effect on the party taking the action or would result in a breach the obligations of Parent or any Parent Subsidiary under the agreements listed in Section 6.4(a) of the Parent Disclosure Schedule or of the Company or any Company Subsidiary under the agreements listed in Section 6.4(b) of the Company Disclosure Schedule: (i) sell, hold separate or otherwise dispose of assets of such party or its Subsidiaries or conduct its business in a specified manner; (ii) agree to sell, hold separate or otherwise dispose of assets of such party's reasonable opinion, party or its Subsidiaries or conduct its business in a specified manner; or (xiii) permit assets of such party or its Subsidiaries to be materially burdensome sold, held separate or disposed of or permit its business to such party and its Subsidiaries taken as a whole or to impact be conducted in a materially adverse manner specified manner. This Section 6.4 does not require either the economic Parent or business benefits the Company to enter into any agreement with a third party to undertake any obligations or make any divestitures, unless such agreement is conditioned on the consummation of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoingAgreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Dex Media Inc), Agreement and Plan of Merger (Dex Media West LLC), Agreement and Plan of Merger (R H Donnelley Corp)

Legal Conditions to Merger. Each of the Company and Levy Acquisition Co. Concord shall, and shall cause its Subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval of stockholders of the Company described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d6.2(e). Each of the Company and Levy Acquisition Co. Concord will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoing.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Milestone Properties Inc), Agreement and Plan of Merger (Concord Assets Group Inc)

Legal Conditions to Merger. Each of the Company Company, Xxxxxxxxx and Levy Acquisition Co. Phoenix shall, and shall cause its Subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval of stockholders of the Company described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d6.2(e). Each of the Company and Levy Acquisition Co. Phoenix will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BCT International Inc /)

Legal Conditions to Merger. Each of the Company Company, Xxxxxxxxx and Levy Acquisition Co. -------------------------- Phoenix shall, and shall cause its Subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval of stockholders of the Company described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d6.2(e). Each of the Company and Levy Acquisition Co. Phoenix will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BCT International Inc /)

Legal Conditions to Merger. Each of the Company VDAT and Levy Acquisition Co. MOD shall, and shall cause its Subsidiaries their subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a)shareholders, and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity and/or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; providedPROVIDED, howeverHOWEVER, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval approval, or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits benefit of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger Merger, or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(dSECTION 8.1(A). Each of the Company VDAT and Levy Acquisition Co. will MOD shall promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Visual Data Corp)

Legal Conditions to Merger. Each of the Company HBOA and Levy Acquisition Co. LSC shall, and shall cause its Subsidiaries their subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a)shareholders, and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity and/or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval approval, or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits benefit of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger Merger, or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d)herein. Each of the Company HBOA and Levy Acquisition Co. will LSC shall promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hboa Holdings Inc)

Legal Conditions to Merger. Each Subject to the terms and conditions of the this Agreement, each of Parent and Subject Company and Levy Acquisition Co. shall, and shall cause its Subsidiaries to, use all their reasonable best good faith efforts (i) to take, or cause to be taken, all actions necessary necessary, proper or advisable to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger and and, subject to the conditions set forth in Article VIII hereof, to consummate the transactions contemplated by this Agreement, subject to the approval of stockholders of the Company described in Section 6.1 (a), Agreement and (ii) to obtain (and to cooperate with the other party at such other party's expense to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained by Subject Company or made by such party Parent or any of its their respective Subsidiaries in connection with the Merger and the other transactions contemplated by this Agreement; provided, however, that a . Prior to obtaining the consent of any third party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries required in connection with the transactions contemplated hereby, each party shall have the opportunity to review such proposed form of consent and provide reasonable comments with respect thereto. Without limiting the foregoing, it is understood and agreed that the failure to obtain any landlord's consent to the approval of any renewal or expansion option shall not constitute a breach of representation or warranty of any party hereto nor shall such failure in of itself be considered the failure to obtain the consent required pursuant to Section 8.2(i) hereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Reckson Services Industries Inc)

Legal Conditions to Merger. Each of the Company VDAT and Levy Acquisition Co. SSG shall, and shall cause its Subsidiaries their subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a)shareholders, and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity and/or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; providedPROVIDED, howeverHOWEVER, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval approval, or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits benefit of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger Merger, or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(dSECTION 8.1(c). Each of the Company VDAT and Levy Acquisition Co. will SSG shall promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Visual Data Corp)

Legal Conditions to Merger. Each of the Company CCI and Levy Acquisition Co. IBID shall, and shall cause its Subsidiaries their subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a)shareholders, and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity and/or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval approval, or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits benefit of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger Merger, or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d8.1(c). Each of the Company CCI and Levy Acquisition Co. will IBID shall promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Care Concepts Inc)

Legal Conditions to Merger. Each of the Company and Levy Acquisition Co. Parent shall, and shall cause its Subsidiaries subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote of stockholders of the Company described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. Parent will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Exhibit 2 Agreement and Plan of Merger (Taco Cabana Inc)

Legal Conditions to Merger. Each of the Company CCBG and Levy Acquisition Co. FFB shall, and shall cause its Subsidiaries to, use all their reasonable best efforts (ia) to take, or cause to be taken, all actions necessary necessary, proper or advisable to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger or the Subsidiary Merger, including executing the Articles of Merger and similar documentation with respect to the Subsidiary Merger and filing such documentation with the appropriate Regulatory Agency or Governmental Entity, and, subject to the conditions set forth in Article VII hereof, to consummate the transactions contemplated by this Agreement, subject to Agreement and the approval of stockholders of the Company described in Section 6.1 (a), Subsidiary Merger Agreement and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Regulatory Agency, Governmental Entity and of any other public or private third party which is required to be obtained by FFB or made by such party CCBG or any of its their respective Subsidiaries in connection with the Merger or the Subsidiary Merger and the other transactions contemplated by this Agreement, and to comply with the terms and conditions of such consent, authorization, order or approval; provided, however, that a party neither CCBG nor FFB shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, orderorder or approval constitutes, approval or exemption is likely, in such party's the reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits opinion of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the CompanyCCBG, to result in the imposition of of, or the compliance with, a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries of the type referred to Burdensome Condition (as defined in Section 6.2(d7.2(g) below). Each of the Company and Levy Acquisition Co. will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger

AutoNDA by SimpleDocs

Legal Conditions to Merger. Each of the Company HD and Levy Acquisition Co. TM shall, and shall cause its Subsidiaries subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a), and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity governmental entity and of or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d9.1(e). Each of the Company HD and Levy Acquisition Co. TM will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Healthdyne Inc)

Legal Conditions to Merger. Each of the Company AMI and Levy Acquisition Co. NPB shall, and shall cause its Subsidiaries subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which that may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the consummation of the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a), and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity or any other public or private third party which that is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger A-22 28 and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d8.1(e). Each of the Company AMI and Levy Acquisition Co. NPB will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.. 6.6

Appears in 1 contract

Samples: Iii 6 Agreement and Plan of Merger Agreement (Nellcor Puritan Bennett Inc)

Legal Conditions to Merger. Each of the Company Carlyle, Carlyle's subsidiaries and Levy Acquisition Co. shall, and Levcor shall cause its Subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote of stockholders of the Company Levcor and Carlyle described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger Merger, or (y) in the case of the CompanyCarlyle, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation Carlyle or any of their respective Subsidiaries subsidiaries of the type referred to in Section 6.2(d). Each of the Company Carlyle and Levy Acquisition Co. Levcor will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Carlyle Industries Inc)

Legal Conditions to Merger. Each of Parent, SRH and the Company and Levy Acquisition Co. shall, and shall cause its Subsidiaries to, use all their reasonable best efforts (ia) to take, or cause to be taken, all actions necessary necessary, proper or advisable to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries with respect to the Merger and the Offer and, subject to the conditions set forth in Article VIII hereof, to consummate the transactions contemplated by this Agreement, subject to the approval of stockholders of the Company described in Section 6.1 (a), Agreement and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition SRH or restriction on the Company, the Surviving Corporation Parent or any of their respective Subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries in connection with the foregoingMerger, the Offer and the Bank Merger; PROVIDED that Parent shall not be obligated to agree to any Burdensome Condition. For purposes of this Agreement, "Burdensome Condition" means any conditions, restrictions or requirements which the Board of Directors of Parent reasonably determines would, individually or in the aggregate, (a) reduce the benefits of the Merger, the Offer and the Bank Merger (considered as a single transaction) to such a degree that Parent would not have entered into this Agreement had such conditions, restrictions or requirements been known at the date hereof or (b) have, or would reasonably be expected to have, a material and adverse effect on the Acquired Companies following the Effective Time, it being understood that neither (i) a condition preventing the integration of the computer systems of the Company or SRH or their respective Subsidiaries with those of Parent or its Subsidiaries until after January 1, 2000 or (ii) a condition imposed by U.S. federal or state bank regulatory authorities in connection with the Bank Merger that requires the raising of capital in the bank surviving the Bank Merger consistent with regulatory precedent shall be deemed a Burdensome Condition.

Appears in 1 contract

Samples: Transaction Agreement and Plan of Merger (Republic New York Corp)

Legal Conditions to Merger. Each of the Company and Levy Acquisition Co. Parent shall, and shall cause its Subsidiaries subsidiaries to, use all reasonable best efforts (i) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote of stockholders of the Company described in Section 6.1 (a), and (ii) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action -------- ------- pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval or exemption is likely, in such party's reasonable opinion, (x) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in a materially adverse manner the economic or business benefits of the transactions contemplated by this Agreement so as to render uneconomic the consummation of the Merger or (y) in the case of the Company, to result in the imposition of a condition or restriction on the Company, the Surviving Corporation or any of their respective Subsidiaries subsidiaries of the type referred to in Section 6.2(d). Each of the Company and Levy Acquisition Co. Parent will promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Carrols Corp)

Legal Conditions to Merger. Each of the Company JGUR and Levy Acquisition Co. P2S shall, and shall cause its Subsidiaries their subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a)shareholders, and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity and/or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party -------- ------- shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval approval, or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits benefit of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger Merger, or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d8.1(c). Each of the Company JGUR and Levy Acquisition Co. will P2S ------------- shall promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jaguar Investments Inc)

Legal Conditions to Merger. Each of the Company HBOA and Levy Acquisition Co. LSC shall, and shall cause its Subsidiaries their subsidiaries to, use all reasonable best efforts (ia) to take, or cause to be taken, all actions necessary to comply promptly with all legal requirements which may be imposed on such party or its Subsidiaries subsidiaries with respect to the Merger and to consummate the transactions contemplated by this Agreement, subject to the approval appropriate vote or consent of stockholders of the Company described in Section 6.1 (a)shareholders, and (iib) to obtain (and to cooperate with the other party to obtain) any consent, authorization, order or approval of, or any exemption by, any Governmental Entity and of governmental entity and/or any other public or private third party which is required to be obtained or made by such party or any of its Subsidiaries subsidiaries in connection with the Merger and the transactions contemplated by this Agreement; provided, however, that a party shall not be obligated to take any action pursuant to the foregoing if the taking of such action or such compliance or the obtaining of such consent, authorization, order, approval approval, or exemption is likelywould, in such party's reasonable opinion, (xi) to be materially burdensome to such party and its Subsidiaries subsidiaries taken as a whole or to impact in such a materially adverse manner the economic or business benefits benefit of the transactions contemplated by this Agreement so as to render uneconomic inadvisable the consummation of the Merger Merger, or (yii) in the case of the Company, to result in the imposition of a condition or restriction on the Company, such party or on the Surviving Corporation or any of their respective Subsidiaries of the type referred to in Section 6.2(d8.1(a). Each of the Company HBOA and Levy Acquisition Co. will LSC shall promptly cooperate with and furnish information to the other in connection with any such burden suffered by, or requirement imposed upon, any of them or any of their Subsidiaries subsidiaries in connection with the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hboa Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.