Common use of Participation in Litigation Clause in Contracts

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings commenced against such Party which relate to this Agreement and the transactions contemplated hereby. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed).

Appears in 4 contracts

Samples: Agreement and Plan of Merger (China Security & Surveillance Technology, Inc.), Agreement and Plan of Merger (China Security & Surveillance Technology, Inc.), Merger Agreement (China Security & Surveillance Technology, Inc.)

AutoNDA by SimpleDocs

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings commenced or, to such Party’s knowledge, threatened against such Party which relate to this Agreement and the transactions contemplated hereby. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled without Parent's ’s prior written consent (such consent not to be unreasonably withheld, conditioned or delayed).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Zhongpin Inc.), Merger Agreement (Zhongpin Inc.)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings Actions commenced or, to the knowledge of the Company on the one hand and the knowledge of Parent on the other hand, threatened against such Party party or its directors which relate to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the an opportunity to participate in the defense or settlement of any shareholder litigation Action against the Company and/or or its directors relating to this Agreement or the transactions contemplated herebyTransactions, and no such litigation Action shall be settled without Parent's ’s prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)consent.

Appears in 2 contracts

Samples: Merger Agreement (Tarena International, Inc.), Merger Agreement (Sina Corp)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings Actions commenced or, to the knowledge of the Company on the one hand and the knowledge of Parent on the other hand, threatened against such Party party or its directors which relate to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation Action against the Company and/or its directors relating to this Agreement or the transactions contemplated herebyTransactions, and no such litigation Action shall be settled without Parent's ’s prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)consent.

Appears in 2 contracts

Samples: Merger Agreement (Tang Liang), Merger Agreement (Ossen Innovation Co. Ltd.)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, Company and the Company shall give prompt notice to Parent, Parent of any Proceedings Actions commenced or, to the knowledge of the Company on the one hand and to the knowledge of Parent on the other hand, threatened against such Party party and/or its directors which relate to this Agreement and or the transactions contemplated herebyTransactions. The Company shall give Parent the reasonable opportunity to participate in the defense or settlement of any shareholder litigation Action against the Company and/or its directors relating to this Agreement or the transactions contemplated hereby, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed).Transactions..

Appears in 1 contract

Samples: Merger Agreement (E-Commerce China Dangdang Inc.)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings Action commenced or, to the Company’s Knowledge on the one hand and the knowledge of Parent on the other hand, threatened against such Party party which relate to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the reasonable opportunity to participate in the defense or settlement of any shareholder litigation Action against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)Transactions.

Appears in 1 contract

Samples: Merger Agreement (Global-Tech Advanced Innovations Inc.)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, Company and the Company shall give prompt notice to Parent, Parent of any Proceedings Actions commenced or, to the Company’s knowledge on the one hand and Parent’s knowledge on the other hand, threatened in writing against such Party party and/or its directors, which relate to this Agreement and or the transactions contemplated herebyTransactions. The Company shall give Parent the reasonable opportunity to participate in the defense or settlement of any shareholder litigation Action against the Company and/or its directors relating to this Agreement or the transactions contemplated hereby, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)Transactions.

Appears in 1 contract

Samples: Merger Agreement (Mindray Medical International LTD)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings Action commenced or, to the Company’s Knowledge on the one hand or Parent’s Knowledge on the other hand, threatened against such Party party which relate relates to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the reasonable opportunity to participate in the defense or settlement of any shareholder litigation stockholder Action against the Company and/or its directors relating to the transactions contemplated herebyTransactions, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)keep Parent promptly informed of any developments regarding the same.

Appears in 1 contract

Samples: Merger Agreement (Arden Group Inc)

AutoNDA by SimpleDocs

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings Actions commenced or, to the knowledge of the Company on the one hand and the knowledge of Parent on the other hand, threatened against such Party party or its directors which relate to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation Action against the Company and/or or its directors relating to this Agreement or the transactions contemplated herebyTransactions, and no such litigation Action shall be settled without Parent's ’s prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)consent.

Appears in 1 contract

Samples: Merger Agreement (O2micro International LTD)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings Action commenced or, to the Company’s Knowledge on the one hand and Parent’s Knowledge on the other hand, threatened against such Party party which relate to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the reasonable opportunity to participate in the defense or settlement of any shareholder litigation stockholder Action against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)Transactions.

Appears in 1 contract

Samples: Merger Agreement (Asiainfo-Linkage, Inc)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Special Committee (on behalf of the Company), and the Company shall give prompt notice to Parent, of any Proceedings commenced against such Party which relate to this Agreement and the transactions contemplated hereby. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled without Parent's prior written consent (such consent not to be unreasonably withheld, conditioned or delayed).

Appears in 1 contract

Samples: Merger Agreement (China Advanced Construction Materials Group, Inc)

Participation in Litigation. Prior to the Effective Time, Parent shall give prompt notice to the Company, and the Company shall give prompt notice to Parent, of any Proceedings commenced or, to the Company’s knowledge on the one hand and Parent’s knowledge on the other hand, threatened against such Party which relate to this Agreement and the transactions contemplated herebyTransactions. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated herebyTransactions, and no such litigation shall be settled without Parent's ’s prior written consent (such consent not to be unreasonably withheld, conditioned or delayed)consent.

Appears in 1 contract

Samples: Merger Agreement (Trunkbow International Holdings LTD)

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