Common use of Obligation of Parent Clause in Contracts

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

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Lifecell Corp), Agreement and Plan of Merger (Kinetic Concepts Inc /Tx/), Agreement and Plan of Merger (Molex Inc)

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

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Wolters Kluwer Us Corp), Agreement and Plan of Merger (Usa Detergents Inc), Agreement and Plan of Merger (Ovid Technologies Inc)

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

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Wolters Kluwer Us Corp), Agreement and Plan of Merger (Wolters Kluwer Us Corp)

Obligation of Parent. Whenever this Agreement requires Purchaser (or its successors or assignees) to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Purchaser to take such action and a guarantee of the payment and performance thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Alcoa Inc), Agreement and Plan of Merger (Howmet International Inc)

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

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Textron Inc), Agreement and Plan of Merger (Omniquip International Inc)

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

Appears in 1 contract

Samples: Escrow Agreement (Polaroid Holding Co)

Obligation of Parent. Whenever this Agreement requires Purchaser (or its successors or assignees) to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Purchaser to take such action action. Parent hereby guarantees Purchaser's obligations under this Agreement and a guarantee agrees to be liable for any breach of the payment and performance thereofthis Agreement by Purchaser.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Opto Circuits (India) LTD)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verizon Communications Inc)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Command Systems Inc)

Obligation of Parent. Whenever this Agreement requires Purchaser (or its successors or assignees) to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to cause Purchaser to take such action action. Parent hereby guarantees Purchaser’s obligations under this Agreement and a guarantee agrees to be liable for any breach of the payment and performance thereofthis Agreement by Purchaser.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Criticare Systems Inc /De/)

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