Common use of Obligation of Parent Clause in Contracts

Obligation of Parent. Whenever this Agreement requires Newco to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Newco to take such action and a guarantee of the performance thereof.

Appears in 15 contracts

Samples: Agreement and Plan of Merger (Featherlite Inc), Agreement and Plan of Merger (Ivex Packaging Corp /De/), Agreement and Plan of Merger (Giddings & Lewis Inc /Wi/)

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Obligation of Parent. Whenever this Agreement requires Newco to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Newco to take such action and a guarantee of the payment and performance thereof.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Factory Card & Party Outlet Corp), Agreement and Plan of Merger (Amscan Holdings Inc), Agreement and Plan of Merger (Bass Robert M)

Obligation of Parent. Whenever this Agreement requires Newco to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Newco to take such action and a guarantee of the performance thereofaction.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Hector Communications Corp), Agreement and Plan of Merger (D&e Communications Inc), Agreement and Plan of Merger (New Ulm Telecom Inc)

Obligation of Parent. Whenever this Agreement requires Newco or the Surviving Corporation to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Newco or the Surviving Corporation to take such action and a guarantee of the performance thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rocket Software Inc), Agreement and Plan of Merger (Corvu Corp)

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Obligation of Parent. Whenever this Agreement requires Newco to take -------------------- any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Newco to take such action and a guarantee of the performance thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Conestoga Enterprises Inc), Agreement and Plan of Merger (Conestoga Enterprises Inc)

Obligation of Parent. Whenever this Agreement requires Newco -------------------- to take any action, such requirement shall be deemed to include an undertaking on the part rt of Parent to cause Newco to take such action and a guarantee of the performance thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Conestoga Enterprises Inc)

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