Common use of Pending Transactions Clause in Contracts

Pending Transactions. Except for this Agreement and the transactions contemplated hereby, neither the Company nor any of the Subsidiaries is a party to or bound by any agreement, negotiation, discussion, commitment or undertaking with respect to a merger or consolidation with, or an acquisition of any material property and assets of, any other corporation or person or the sale, lease or exchange of any material properties and assets to any other person.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Globespan Inc/De), Agreement and Plan of Merger (Savvis Communications Corp)

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Pending Transactions. Except for this Agreement and the transactions contemplated hereby, neither the Company nor any of the Subsidiaries is a party to or bound by any agreement, negotiation, discussion, commitment or undertaking with respect to a merger or consolidation with, or an acquisition of any material property and assets of, any other corporation or person Person or the sale, lease or exchange of any material properties and assets to any other personPerson. SECTION 4.20.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Globespan Inc/De)

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Pending Transactions. Except for this Agreement and the transactions contemplated hereby, neither the Company nor any of the Subsidiaries is a party to or bound by any agreement, negotiation, discussion, commitment or undertaking with respect to a merger or consolidation with, or an acquisition of any material property and assets having a value equal to or greater than $50,000 of, any other corporation or person Person or the sale, lease or exchange of any material properties and assets having a value equal to or greater than $50,000 to any other personPerson other than in the ordinary course of business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Globespan Inc/De)

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