Newco. Prior to the Effective Time, Newco shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the Parent).
Appears in 3 contracts
Samples: Merger Agreement (Dresser Industries Inc /De/), Merger Agreement (Dresser Industries Inc /De/), Merger Agreement (Halliburton Co)
Newco. Prior to the Effective Time, Newco shall will not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the ParentAcquiror). The Acquiror will take all action necessary to cause Newco to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement.
Appears in 2 contracts
Samples: Merger Agreement (Unitrode Corp), Merger Agreement (Unitrode Corp)
Newco. Prior to the Effective Time, Newco shall not conduct ------ any business or make any investments other than as specifically contemplated by this Agreement Plan and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the ParentAcquiror).
Appears in 2 contracts
Samples: Merger Agreement (Numar Corp), Merger Agreement (Halliburton Co)
Newco. Prior to the Effective Time, Newco shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the ParentAcquiror) or any liabilities (other than stockholder's equity). The Acquiror shall take all action necessary to cause Newco to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement.
Appears in 1 contract
Samples: Merger Agreement (Natco Group Inc)
Newco. Prior to the Effective Time, Newco shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the ParentAEP).
Appears in 1 contract
Samples: Merger Agreement (American Electric Power Company Inc)
Newco. Prior to the Effective Time, Newco shall will not conduct ----- any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the ParentAcquiror). The Acquiror will take all action necessary to cause Newco to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement.
Appears in 1 contract
