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: Merger Agreement (Featherlite Inc), Merger Agreement (Medalist Industries Inc), Merger Agreement (General Housewares 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 thereofaction.

Appears in 4 contracts

Samples: Merger Agreement (New Ulm Telecom Inc), Merger Agreement (Hector Communications Corp), Asset Purchase Agreement (Iowa Telecommunications Services 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 of Parent to cause Newco to take such action and a guarantee of the payment and performance thereof.

Appears in 4 contracts

Samples: Merger Agreement (Amscan Holdings Inc), Merger Agreement (Factory Card & Party Outlet Corp), Merger Agreement (Packaging Dynamics Corp)

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), Merger Agreement (Conestoga Enterprises Inc)

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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: Merger Agreement (Rocket Software Inc), Merger Agreement (Corvu Corp)

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: Merger Agreement (Conestoga Enterprises Inc)

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