Common use of Parent’s Efforts Clause in Contracts

Parent’s Efforts. Without limiting the provisions set forth in paragraphs (a) and (b) above and subject to the provisions of this clause (c), Parent and its Affiliates shall use commercially reasonable efforts to take or cause to be taken any and all actions necessary, proper or advisable to obtain any consent, approval or waiver relating to the HSR Act or any Competition Law that is required for the consummation of the issuance of Reciprocate Common Stock upon an exchange pursuant to Article II hereof. Nothing contained herein shall be construed to preclude Parent or the Company from satisfying their respective obligations in respect of the exchange of any Appleton Class B Exchangeable Unit by delivery of the Reciprocate Common Stock which are held in the treasury of Parent.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Hicks Acquisition CO II, Inc.), Equity Purchase Agreement (Paperweight Development Corp)

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Parent’s Efforts. Without limiting the provisions set forth in paragraphs (a) and (b) above and subject to the provisions of this clause (c), Parent and its Affiliates shall use commercially reasonable efforts to take or cause to be taken any and all actions necessary, proper or advisable to obtain any consent, approval or waiver relating to the HSR Act or any Competition Law that is required for the consummation of the issuance of Reciprocate Common Stock upon an exchange pursuant to Article II hereof. Nothing contained herein shall be construed to preclude Parent or the Company from satisfying their respective obligations in respect of the exchange of any Appleton New Crumbs Class B Exchangeable Unit by delivery of the Reciprocate Common Stock which are held in the treasury of Parent.

Appears in 2 contracts

Samples: Exchange and Support Agreement (57th Street General Acquisition Corp), Exchange and Support Agreement (57th Street General Acquisition Corp)

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