Common use of No Impeding Actions Clause in Contracts

No Impeding Actions. Each of Parent and Merger Subsidiary agrees that, from the date of this Agreement to the earlier of the Effective Time and the valid termination of this Agreement in accordance with Article 10 hereof, it shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to consummating the Merger becoming incapable of being satisfied or (b) take any action or fail to take any action which would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Subsidiary to consummate the Merger or the other transactions contemplated under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sportsman's Warehouse Holdings, Inc.)

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No Impeding Actions. Each Subject to the terms of this Agreement, including Section 6.04, each of Company, Parent, Parent Assignee and Merger Subsidiary agrees that, from the date of this Agreement hereof to the earlier of the Effective Time and the valid termination of this Agreement in accordance with Article 10 hereofTime, it shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to consummating effecting the Merger becoming incapable of being satisfied or (b) take any action or fail to take any action which wouldthat is intended, or which would reasonably be reasonably likely tolikely, individually or in the aggregate, to prevent, materially delay or materially impede the ability of Company, Parent, Parent Assignee or Merger Subsidiary to consummate the Merger or the other transactions contemplated under this Agreement, in each case, other than pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Montage Technology Group LTD)

No Impeding Actions. Each of Parent and Merger Subsidiary agrees that, from the date of this Agreement hereof to the earlier of the Effective Time and the valid termination of this Agreement in accordance with Article 10 hereofTime, it shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to consummating the Merger becoming incapable of being satisfied or (b) take any action or fail to take any action which would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Subsidiary to consummate the Merger or the other transactions contemplated under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mentor Graphics Corp)

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No Impeding Actions. Each of Parent and Merger Subsidiary agrees that, from the date of this Agreement hereof to the earlier of the Effective Time and the valid termination of this Agreement in accordance with Article 10 hereofTime, it shall not, and it shall cause its Subsidiaries not to: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to consummating the Merger becoming incapable of being satisfied or (b) take any action or fail to take any action which would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Subsidiary to consummate the Merger or the other transactions contemplated under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ultratech Inc)

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