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 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.)

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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)

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