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 date hereof to the Effective time, it shall not take any action or fail to take any action that is intended to, or would reasonably be expected 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 contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Ninetowns Internet Technology Group Co LTD), Merger Agreement (Wang Shuang)

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Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Xxxxxx Sub agrees that, from the date hereof to until the earlier of the Effective timeTime or the termination of this Agreement in accordance with ARTICLE IX, it shall not 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 take any action or fail to take any action that is intended towhich would, or would reasonably be expected 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 contemplated by this AgreementMaterial Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement, Plan of Merger

Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the date hereof to until the earlier of the Effective timeTime or the termination of this Agreement in accordance with ARTICLE IX, it shall not 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 take any action or fail to take any action that is intended towhich would, or would reasonably be expected 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 contemplated by this AgreementMaterial Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (China XD Plastics Co LTD)

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Operation of Parent’s and Merger Sub’s Business. Each of Parent and Merger Sub agrees that, from the date hereof to until the earlier of the Effective timeTime or the termination of this Agreement in accordance with Article IX, it shall not 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 take any action or fail to take any action that is intended towhich would, or would reasonably be expected 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 contemplated by this AgreementMaterial Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (SORL Auto Parts Inc)

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