Common use of Obligations of the Parent Clause in Contracts

Obligations of the Parent. Whenever this Agreement requires a Subsidiary of the Parent to take any action, such requirement shall be deemed to include an undertaking on the part of the Parent to cause such Subsidiary to take such action.

Appears in 2 contracts

Samples: Merger Agreement (Gulfside Supply, Inc.), Merger Agreement (Eagle Supply Group Inc)

AutoNDA by SimpleDocs

Obligations of the Parent. Whenever this Agreement requires a Parent Subsidiary of the Parent to take any action, such that requirement shall be deemed to include an undertaking on the part of the Parent to cause such that Parent Subsidiary to take such that action.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Click Commerce Inc), Merger Agreement (Click Commerce Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!