Common use of No Constraint on Corporate Action Clause in Contracts

No Constraint on Corporate Action. Nothing in this Agreement shall be construed to: (a) limit, impair, or otherwise affect the Company’s or a subsidiary’s or an affiliate’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, (b) limit the right or power of the Company or a subsidiary or an affiliate to take any action which such entity deems to be necessary or appropriate.

Appears in 3 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Chay Enterprises, Inc.), Restricted Stock Agreement (Chay Enterprises, Inc.)

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No Constraint on Corporate Action. Nothing in this Agreement shall will be construed to: to (a) limit, impair, or otherwise affect the Company’s or a subsidiary’s any of its subsidiaries’ or an affiliate’s affiliates’ right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, assets or (b) limit the right or power of the Company or a subsidiary any of its subsidiaries or an affiliate affiliates to take any action which that such entity deems to be necessary or appropriate.

Appears in 3 contracts

Samples: Phantom Performance Share Unit Award Agreement (EnergySolutions, Inc.), Phantom Performance Share Unit Award Agreement (EnergySolutions, Inc.), Phantom Performance Share Unit Award Agreement (EnergySolutions, Inc.)

No Constraint on Corporate Action. Nothing in this Agreement the Plan shall be construed to: (a) limit, impair, or otherwise affect the Company’s or a subsidiary’s or an affiliateAffiliate’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, or (b) limit the right or power of the Company or a subsidiary or an affiliate Affiliate to take any action which such entity deems to be necessary or appropriate.

Appears in 2 contracts

Samples: KEMPER Corp, KEMPER Corp

No Constraint on Corporate Action. Nothing in this Agreement Plan shall be construed to: (a) limit, impair, or otherwise affect the Company’s or a subsidiary’s or an affiliateanother Participating Company’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, or (b) limit the right or power of the Company or a subsidiary or an affiliate another Company to take any action which such entity deems to be necessary or appropriate.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Pernix Group, Inc.), Stock Option Award Agreement (Pernix Group, Inc.)

No Constraint on Corporate Action. Nothing in this Agreement shall be construed to: (ai) limit, impair, or otherwise affect the Company’s or a subsidiary’s or an affiliate’s its affiliates’ right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, or (bii) limit the right or power of the Company or a subsidiary or an affiliate to take any action which such entity deems to be necessary or appropriate.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Professional Diversity Network, Inc.), Restricted Stock Agreement (Professional Diversity Network, Inc.)

No Constraint on Corporate Action. Nothing in this Agreement Plan shall be construed to: (a) limit, impair, or otherwise affect the Company’s or a subsidiary’s or an affiliateanother Participating Company’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, or (b) limit the right or power of the Company or a subsidiary or an affiliate another Participating Company to take any action which such entity deems to be necessary or appropriate.

Appears in 2 contracts

Samples: Letter Agreement (FTAC Athena Acquisition Corp.), Notice and Agreement (Pernix Group, Inc.)

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No Constraint on Corporate Action. Nothing in this Agreement Plan shall be construed to: (a) limit, impair, or otherwise affect the Company’s or a subsidiary’s or an affiliateAffiliate’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, or (b) limit the right or power of the Company or a subsidiary or an affiliate Affiliate to take any action which such entity deems to be necessary or appropriate.

Appears in 1 contract

Samples: Novusterra Inc

No Constraint on Corporate Action. Nothing in this Agreement shall be construed to: (a) limit, impair, or otherwise affect the Company’s 's or a subsidiary’s 's or an affiliate’s 's right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, (b) limit the right or power of the Company or a subsidiary or an affiliate to take any action which such entity deems to be necessary or appropriate.

Appears in 1 contract

Samples: Restricted Stock Agreement (Lev Pharmaceuticals Inc)

No Constraint on Corporate Action. Nothing in this Agreement the Plan shall be construed to: to (a) limit, impair, or otherwise affect the Company’s or a subsidiaryany Subsidiary’s or an affiliateAffiliate’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, amalgamate, participate in a statutory share exchange or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, or (b) limit the right or power of the Company or a subsidiary any Subsidiary or an affiliate Affiliate to take any action which such entity deems to be necessary or appropriate.

Appears in 1 contract

Samples: Darling Ingredients Inc.

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