No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth in this Agreement are not intended to give Parent or Merger Sub, directly or indirectly, the right to control or direct the business or operations of the Company or its Subsidiaries at any time prior to the Effective Time. Prior to the Effective Time, the Company and its Subsidiaries will exercise, consistent with the terms, conditions and restrictions of this Agreement, complete control and supervision over their own business and operations.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Activision Blizzard, Inc.), Agreement and Plan of Merger, Agreement and Plan of Merger (Nuance Communications, Inc.)
No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth Nothing contained in this Agreement are not is intended to give Parent any of the Acquiring Parties, Merger Sub or Merger Subany of their respective Affiliates, directly or indirectly, the right to control or direct the business or operations of the Company Company’s or its Subsidiaries at any time Subsidiaries’ operations prior to the Effective Time. Prior to the Effective Time, the Company and its Subsidiaries will shall exercise, consistent with the terms, terms and conditions and restrictions of this Agreement, complete control and supervision over their own business its and its Subsidiaries’ operations.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Veoneer, Inc.), Agreement and Plan of Merger (Qualcomm Inc/De)
No Control of the Company’s Business. The Parties acknowledge Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that the restrictions set forth (a) nothing contained in this Agreement are not is intended to give Parent or Merger SubParent, directly or indirectly, the right to control or direct the business or operations of the Company Company’s or its Subsidiaries at any time subsidiaries’ operations prior to the Effective Time. Prior Time and (b) prior to the Effective Time, the Company and its Subsidiaries will shall exercise, consistent with and in accordance with the terms, terms and conditions and restrictions of this Agreement, complete control and supervision over their own business its and its subsidiaries’ operations.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Apac Customer Services, Inc)
No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth in this Agreement are not intended to give Parent Parent, Merger Sub, or Merger SubSub II, directly or indirectly, the right to control or direct the business or operations of the Company or its Subsidiaries any other Acquired Company at any time prior to the Effective Time. Prior to the Effective Time, the Company and its Subsidiaries the other Acquired Companies will exercise, consistent with the terms, conditions and restrictions of this Agreement, complete control and supervision over their own business and operations.
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No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth in this Agreement are do not intended to give Parent or Merger SubSubs, directly or indirectly, the right to control or direct the business or operations of the Company or its Subsidiaries any other Acquired Company at any time prior to the Effective Time. Prior to the Effective Time, the Company and its Subsidiaries the other Acquired Companies will exercise, consistent with the terms, conditions and restrictions of this Agreement, complete control and supervision over their own business and operations.
Appears in 1 contract
No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth in this Agreement are not intended to give Parent or Merger Sub, directly or indirectly, the right to control or direct the business or operations of the Company or its Subsidiaries any other Acquired Company at any time prior to the Effective Time. Prior to the Effective Time, the Company and its Subsidiaries the other Acquired Companies will exercise, consistent with the terms, conditions and restrictions of this Agreement, complete control and supervision over their own business and operations.
Appears in 1 contract
No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth Without in any way limiting any Party’s rights or obligations under this Agreement (including Section 5.1), nothing contained in this Agreement are not intended to shall give Parent or Merger Sub, directly or indirectly, the right to control or direct the business or operations of the Company Company’s or its Subsidiaries at any time Subsidiaries’ operations prior to the Effective Time. Prior to the Effective Time, the Company and its Subsidiaries will shall exercise, consistent with the terms, terms and conditions and restrictions of this Agreement, complete control and supervision over their own business its and its Subsidiaries’ operations.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Gracell Biotechnologies Inc.)
No Control of the Company’s Business. The Parties acknowledge and agree that the restrictions set forth in this Agreement are do not intended to give Parent Parent, Acquirer or Merger Sub, directly or indirectly, the right to control or direct the business or operations of the Company or its Subsidiaries any other Acquired Company at any time prior to the First Effective Time. Prior to the First Effective Time, the Company and its Subsidiaries the other Acquired Companies will exercise, consistent with the terms, conditions and restrictions of this Agreement, complete control and supervision over their own business and operations.
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