Common use of Parent Successors Clause in Contracts

Parent Successors. 3.1 Certain Requirements in Respect of Combination, etc. Parent shall not consummate any transaction (whether by way of reconstruction, reorganization, consolidation, merger, transfer, sale, lease or otherwise) whereby all or substantially all of its undertaking, property and assets would become the property of any other person or, in the case of a merger, of the continuing corporation resulting therefrom unless, but may do so if:

Appears in 3 contracts

Samples: Exchangeable Share Support Agreement (Ideal Accents Inc), Exchangeable Share Support Agreement (Ideal Accents Inc), Exchangeable Share Support Agreement (Ideal Accents Inc)

AutoNDA by SimpleDocs

Parent Successors. 3.1 5.1 Certain Requirements in Respect of Combination, etc. Parent shall will not consummate any transaction (whether by way of reconstruction, reorganization, consolidation, merger, transfer, sale, lease or otherwise) whereby all or substantially all of its undertaking, property and assets would become the property of be acquired by any other person Person or, in the case of a merger, of the continuing corporation resulting therefrom unless, but may do so if:

Appears in 1 contract

Samples: Arrangement Agreement (Schmitt Industries 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!