Common use of Legal Clause in Contracts

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and the Company Subsidiaries, taken as a whole, or which relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any Company Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Merger Agreement (Covidien PLC), Merger Agreement (Covidien Delaware Corp.), Merger Agreement (Power Medical Interventions, Inc.)

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Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the Company Subsidiaries, taken as a wholewhole or otherwise involves the payment by the Company of an amount in excess of $100,000, in the aggregate, for all such suits, actions or which relates to the transactions contemplated herebyclaims, (B) would involve material restrictions on the business activities of the Company or any Company Subsidiary, Subsidiary or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Merger Agreement (Somanetics Corp), Merger Agreement (Somanetics Corp), Merger Agreement (Covidien PLC)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the Company Subsidiaries, taken as a wholewhole or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or which relates to the transactions contemplated herebyclaims, (B) would involve material restrictions on the business activities of the Company or any Company Subsidiary, Subsidiary or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Merger Agreement (Covidien Group S.a.r.l.), Merger Agreement (Covidien PLC), Merger Agreement (Vnus Medical Technologies Inc)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and the Company its Subsidiaries, taken as a whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims or which relates to challenges the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any Company Subsidiaryof its Subsidiaries, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Merger Agreement (Aspect Medical Systems Inc), Merger Agreement (Covidien PLC), Merger Agreement (Aspect Medical Systems Inc)

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Legal. Commence, settle or compromise any pending or threatened suit, action or claim which is in excess of $1,000,000 and (A) is material to the Company and the Company Subsidiaries, its Subsidiaries taken as a whole, whole or which relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any Company SubsidiaryCompany, or (C) would involve the issuance of Company securities;

Appears in 1 contract

Samples: Merger Agreement (Enterasys Networks Inc /De/)

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