Common use of Operation of Parent’s and Merger Sub’s Business Clause in Contracts

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, it has not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Sub to consummate the Merger or the other Transactions in accordance with the terms of this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ocean Imagination L.P.), Agreement and Plan of Merger (Zhang Ray Ruiping), Agreement and Plan of Merger (Ctrip Investment Holding Ltd.)

AutoNDA by SimpleDocs

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, it has not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Sub to consummate the Merger or the other Transactions in accordance with the terms of this Agreement.

Appears in 4 contracts

Samples: Merger Agreement (Zhang Ray Ruiping), Merger Agreement (BPEA Teamsport LTD), Agreement and Plan of Merger (eHi Car Services LTD)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date until the earlier of date hereof to the Effective Time and termination of this Agreement pursuant to Article VIIITime, it has not and shall not: (ai) take any action or fail to take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (bii) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Merger Agreement (3SBio Inc.), Merger Agreement (SYSWIN Inc.), Agreement and Plan of Merger (China GrenTech CORP LTD)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIIIIII, it has not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; satisfied or (b) take any action or fail to take any action that would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Sub to consummate the Merger or the other Transactions in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Shi Yuzhu), Merger Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and or the termination of this Agreement pursuant to in accordance with Article VIII, it has not and shall not: (ai) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger or the Equity Financing becoming incapable of being satisfied; or (bii) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with transactions contemplated by the terms of this AgreementTransaction Documents.

Appears in 2 contracts

Samples: Merger Agreement (New Horizon Capital Iii, L.P.), Merger Agreement (Exceed Co Ltd.)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, it has not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of this AgreementTransactions.

Appears in 1 contract

Samples: Merger Agreement (Noah Education Holdings Ltd.)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, it has not and shall not: (a) take any action that or fail to take any action which is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (China Zenix Auto International LTD)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, it has not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (WuXi PharmaTech (Cayman) Inc.)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIIIIII, it has not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of this AgreementTransactions.

Appears in 1 contract

Samples: Merger Agreement (7 Days Group Holdings LTD)

AutoNDA by SimpleDocs

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and or the termination of this Agreement pursuant to in accordance with Article VIIIIX, it has shall not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; satisfied or (b) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Ruhnn Holding LTD)

Operation of Parent’s and Merger Sub’s Business. Each Except as expressly required by this Agreement or with the prior written consent of the Company, each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and or the termination of this Agreement pursuant to in accordance with Article VIIIIX, it has shall not and shall not: (a) take any action or fail to take any action that is intended to or would reasonably be likely expected to (a) result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (b) take any action or fail to take any action that would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of Parent or Merger Sub to consummate the Merger or the other Transactions in accordance with the terms of transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (eFuture Holding Inc.)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Mxxxxx Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and or the termination of this Agreement pursuant to Article VIIIin accordance with ARTICLE IX, it has shall not and shall not: (a) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; satisfied or (b) take any action or fail to take any action that which would, or would be reasonably likely to, individually or in the aggregate, prevent, materially delay or materially impede the ability of have a Parent or Merger Sub to consummate the Merger or the other Transactions in accordance with the terms of this AgreementMaterial Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (China Index Holdings LTD)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and or the termination of this Agreement pursuant to in accordance with Article VIII, it has not and shall not: (ai) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger or the Financing becoming incapable of being satisfied; or (bii) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with transactions contemplated by the terms of this AgreementTransaction Documents.

Appears in 1 contract

Samples: Merger Agreement (Camelot Information Systems Inc.)

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the Original Execution Date date hereof until the earlier of the Effective Time and or the termination of this Agreement pursuant to in accordance with Article VIII, it has not and shall not: (ai) take any action that is intended to or would reasonably be likely to result in any of the conditions to effecting the Merger becoming incapable of being satisfied; or (bii) take any action or fail to take any action that 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 Sub to consummate the Merger or the other Transactions in accordance with the terms of transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Jinpan International LTD)

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