Common use of No Control of Other Party’s Business Clause in Contracts

No Control of Other Party’s Business. Nothing contained in this Agreement shall give Purchaser, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s operations prior to the Closing, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s operations prior to the Closing. Prior to the Closing, the Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 2 contracts

Samples: Purchase Agreement (Hospitality Properties Trust), Purchase Agreement (Travelcenters of America LLC)

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No Control of Other Party’s Business. Nothing contained in this Agreement shall give Purchaserany of the Seller Parties, directly or indirectly, the right to control or direct Buyer’s operations or give Buyer, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s operations prior to the Closing, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s Acquired Entities’ operations prior to the Closing. Prior to the Closing, Buyer, on the Company one hand, and Purchaser the Seller Parties, on the other, shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ their respective operations.

Appears in 2 contracts

Samples: Share Purchase Agreement (Ion Geophysical Corp), Share Purchase Agreement (Ion Geophysical Corp)

No Control of Other Party’s Business. Nothing contained in this Agreement shall give Purchaser, directly or indirectly, the right to control or direct the Company’s operations of Company or any Company Subsidiary’s operations Bank prior to the Closing, Effective Time and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s the operations of Purchaser or any of its Subsidiary’s operations Purchaser Bank prior to the ClosingEffective Time. Prior to the ClosingEffective Time, the each of Purchaser and Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiariessubsidiaries’ respective operations.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Farmers National Banc Corp /Oh/), Agreement and Plan of Merger (Cortland Bancorp Inc)

No Control of Other Party’s Business. Nothing contained in this Agreement shall is intended to give the Purchaser, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s operations prior to the Closing, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s Subsidiaries’ operations prior to the Closing. Prior to the Closing, the Company and Purchaser shall exercise, consistent with subject to the terms and conditions of this AgreementAgreement and subject to any rights of the Sellers, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Share Purchase Agreement (TransUnion)

No Control of Other Party’s Business. Nothing contained in this Agreement shall will give Purchaser, directly or indirectly, the right to control or direct the CompanySeller’s or any Company Subsidiary’s the Companies’ operations prior to the Closing, and nothing contained in this Agreement shall will give Seller or the CompanyCompanies, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s operations prior to the Closingoperations. Prior to the Closing, the Company Companies, Seller and Purchaser shall will each exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Unit Purchase Agreement (Addus HomeCare Corp)

No Control of Other Party’s Business. Nothing Subject to Section 5.1, nothing contained in this Agreement shall give Purchaser, directly or indirectly, the right to control or direct Seller’s, the Acquired Company’s or any Company Subsidiary’s operations prior to the Closing, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s their respective subsidiaries’ operations prior to the Closing. Prior to the Closing, Seller and the Acquired Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiariestheir respective subsidiariesrespective operations.

Appears in 1 contract

Samples: Share Purchase Agreement (Sphere 3D Corp)

No Control of Other Party’s Business. Nothing Prior to the Second Step Closing and except as expressly set forth in the Shareholders Agreement, nothing contained in this Agreement shall give Purchaserthe Buyer, directly or indirectly, the right to control Control or direct the Company’s or its Subsidiaries’ or any Company Subsidiaryother member of the AB Group’s operations prior to the Closingbusiness or operations, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control Control or direct Purchaserthe Buyer’s or any of its Subsidiary’s operations prior to the Closing. Prior to the Closing, the Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective business or operations.

Appears in 1 contract

Samples: Purchase and Option Agreement (Walgreen Co)

No Control of Other Party’s Business. Nothing contained in this Agreement shall is intended to give Purchaserthe Buyer, directly or indirectly, the right to control or direct the operations of the Company’s , its Subsidiaries or any Company Subsidiary’s operations Joint Venture prior to the Closing, and nothing contained in this Agreement shall is intended to give the Company, directly or indirectly, the right to control or direct Purchaser’s or any the operations of its Subsidiary’s operations prior to the ClosingBuyer. Prior to the Closing, each of the Buyer and the Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Sunrise Senior Living Inc)

No Control of Other Party’s Business. Nothing contained in this Agreement shall give PurchaserParent, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s its subsidiaries’ operations prior to the Offer Closing, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct PurchaserParent’s or any of its Subsidiary’s subsidiaries’ operations prior to the Offer Closing. Prior to the Offer Closing, each of the Company and Purchaser Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiariessubsidiaries’ respective operations.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kaydon Corp)

No Control of Other Party’s Business. Nothing contained in this Agreement shall give Purchaser, directly or indirectly, the right to control or direct the Company’s operations of the Bank or any Company Subsidiary’s operations its Subsidiaries prior to the Closing, and nothing contained in this Agreement shall give Parent or the CompanyBank, directly or indirectly, the right to control or direct Purchaser’s the operations of Purchaser or any of its Subsidiary’s operations Subsidiaries prior to the Closing. Prior to the Closing, each of the Company Bank and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Iberiabank Corp)

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No Control of Other Party’s Business. Nothing contained in this Agreement shall give the Purchaser, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s its Subsidiaries’ operations prior to the Closing, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s operations prior to the First Closing. Prior to the First Closing, the Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Subscription Agreement (Sonim Technologies Inc)

No Control of Other Party’s Business. Nothing contained in this Agreement shall give Purchaser, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s operations of the Companies prior to the Closing, and nothing contained in this Agreement shall give Parent or the CompanyCompanies, directly or indirectly, the right to control or direct Purchaser’s the operations of Purchaser or any of its Subsidiary’s operations Subsidiaries prior to the Closing. Prior to the Closing, the Company each of Parent and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Equity Purchase Agreement (1347 Property Insurance Holdings, Inc.)

No Control of Other Party’s Business. Nothing contained in this Agreement shall give PurchaserPurchaser or Merger Sub, directly or indirectly, the right to control or direct the Company’s operations of the Company or any Company Subsidiary’s operations its Subsidiaries prior to the ClosingEffective Time, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s the operations of Purchaser or any of its Subsidiary’s operations Subsidiaries prior to the ClosingEffective Time. Prior to the ClosingEffective Time, each of Purchaser and the Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bok Financial Corp Et Al)

No Control of Other Party’s Business. Nothing contained in this Agreement shall give Purchaser, directly or indirectly, the right to control or direct the Company’s or any Company Subsidiary’s operations of the Companies prior to the Closing, and nothing contained in this Agreement shall give Parent or the CompanyCompanies, directly or indirectly, the right to control or direct Purchaser’s the operations of Purchaser or any of its Subsidiary’s operations Subsidiaries prior to the Closing. Prior to the Closing, the Company each of Parent and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ respective operations.. Section 5.11

Appears in 1 contract

Samples: Equity Purchase Agreement (FedNat Holding Co)

No Control of Other Party’s Business. Nothing contained Except as set forth in this Agreement Agreement, nothing shall give PurchaserParent, directly or indirectly, the right to control or direct the Company’s DQ Companies’ business or any Company Subsidiary’s operations prior to the ClosingClosing and, and nothing contained in this Agreement shall give the Company, directly or indirectly, the right to control or direct Purchaser’s or any of its Subsidiary’s operations prior to the Closing. Prior to the Closing, the Company and Purchaser shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its the Company’s Subsidiaries’ respective operations.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sun Life Financial Inc)

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