Common use of Limitation on Conduct Prior to Effective Time of the Merger Clause in Contracts

Limitation on Conduct Prior to Effective Time of the Merger. Between the date hereof and the earlier of the Effective Time of the Merger or the termination of the Agreement, except as contemplated by this Agreement and subject to requirements of law and regulation, Company agrees to conduct, and to cause each Subsidiary to conduct, its business in the ordinary course in substantially the manner heretofore conducted, and, except as provided in Section 6.1 of the Company Disclosure Letter, Company shall not, and shall cause each of its Subsidiaries not to, without the prior written consent of Parent, which consent shall not be unreasonably withheld or delayed:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bottomline Technologies Inc /De/), Agreement and Plan of Merger (Optio Software Inc)

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Limitation on Conduct Prior to Effective Time of the Merger. Between the date hereof and the earlier of the Effective Time of the Merger or the termination of the Agreement, except as contemplated by this Agreement and subject to requirements of law and regulationLaw, Company agrees to conduct, conduct its business (and to cause each Subsidiary the Company Subsidiaries to conduct, its business conduct their respective businesses) in the ordinary course in substantially the manner heretofore conductedconducted and in accordance with sound banking practices, andand Company shall not (and shall cause the Company Subsidiaries to not), except as provided in Section 6.1 of the Company Disclosure Letter, Company shall not, and shall cause each of its Subsidiaries not to, without the prior written consent of Parent, which consent shall not be unreasonably withheld or delayed:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bancwest Corp/Hi)

Limitation on Conduct Prior to Effective Time of the Merger. Between the date hereof and the earlier of the Effective Time of the Merger or the termination of the Agreement, except as contemplated by this Agreement and subject to requirements of law and regulation, Company agrees to conduct, conduct its business (and to cause each Subsidiary the Company Subsidiaries to conduct, its business conduct their respective businesses) in the ordinary course in substantially the manner heretofore conductedconducted and in accordance with sound banking practices, and, except as provided in Section 6.1 of the Company Disclosure Letter, and Company shall not, not (and shall cause each of its the Company Subsidiaries not toto not), without the prior written consent of Parent, ; which consent shall not be unreasonably withheld or delayed:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community First Bankshares Inc)

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Limitation on Conduct Prior to Effective Time of the Merger. Between the date hereof and the earlier of the Effective Time of the Merger or the termination of the Agreement, except as contemplated by this Agreement and subject to requirements of law and regulationapplicable Laws, Company agrees to conduct, and to cause each Subsidiary to conduct, conduct its business in the ordinary course in substantially the manner heretofore conducted, and, except as provided in Section 6.1 of the Company Disclosure Letter, and Company shall not, and shall cause each of its Subsidiaries not to, without the prior written consent of Parent, ; which consent shall not be unreasonably withheld or delayed:

Appears in 1 contract

Samples: Agreement and Plan of Merger (RTW Inc /Mn/)

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