Common use of Preparation of Information Statement Clause in Contracts

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Target shall prepare, with the cooperation of Acquiror, an Information Statement for the shareholders of Target to approve this Agreement, the Agreement of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and Target shall each use its best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the Information Statement shall contain the recommendation of the Board of Directors of Target that the Target shareholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vignette Corp)

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Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Target the Company and Parent, shall prepare, with the cooperation of Acquiror, prepare an Information Statement for the purpose of soliciting shareholders of Target the Company to approve the principal terms of this Agreement, the Agreement of Merger and the transactions contemplated hereby and therebyMerger. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Parent Common Stock to be received by the holders of Target Company Capital Stock in the Merger. Acquiror Parent and Target the Company shall each use its best efforts to cause the Information Statement to comply in all material respects with applicable federal and state securities laws requirements. Each of Acquiror Parent and Target the Company agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target The Company will promptly advise Acquiror, Parent and Acquiror Parent will promptly advise Targetthe Company, in writing if at any time prior to the Effective Time either Target the Company or Acquiror Parent shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the unanimous recommendation of the Board of Directors of Target the Company that the Target Company shareholders approve the Merger and principal terms of this Agreement and the Merger and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders of Targetthe Company. Anything to the contrary contained herein notwithstanding, Target the Company shall not include in the Information Statement any information with respect to Acquiror Parent or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror Parent prior to such inclusion.

Appears in 1 contract

Samples: Merger Agreement (Informix Corp)

Preparation of Information Statement. As soon as practicable after ------------------------------------ after the execution of this Agreement, Target the Company shall prepare, with the cooperation of AcquirorParent, an Information Statement for the shareholders stockholders of Target the Company to approve this Agreement, the Agreement of Merger and the transactions contemplated hereby and therebyhereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Parent Common Stock to be received by the holders of Target Company Capital Stock in the Merger. Acquiror Parent and Target the Company shall each use its best efforts to cause the Information Statement to comply in all material respects with applicable federal and state securities laws requirements. Each of Acquiror Parent and Target the Company agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target The Company will promptly advise Acquiror, Parent and Acquiror Parent will promptly advise Targetthe Company, in writing if at any time prior to the Effective Time either Target the Company or Acquiror Parent shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the unanimous recommendation of the Board of Directors of Target the Company that the Target shareholders Company stockholders approve the Merger and this Agreement and the transactions contemplated hereby and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders stockholders of Targetthe Company. Anything to the contrary contained herein notwithstanding, Target the Company shall not include in the Information Statement any information with respect to Acquiror Parent or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror Parent prior to such inclusion.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Inktomi Corp)

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Acquiror and Target shall prepare, with the cooperation of Acquiror, an prepare a joint Information Statement for the their respective shareholders of Target to approve this Agreement, the Agreement of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a the disclosure document for the offer and issuance of the shares of Acquiror Common and Preferred Stock to be received by the holders of Target Capital Stock in the Merger. Each of Acquiror and Target shall each use its best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the Information Statement shall contain the recommendation of the Board Acquiror's and Target's Boards of Directors of Target that the Target their respective shareholders approve the Merger and this Agreement and the conclusion of the Board Boards of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusioneach company's shareholders.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Wireless Inc)

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Acquiror and Target shall prepare, with the cooperation of Acquiror, prepare an Information Statement for the Target shareholders of Target to approve this Agreement, the California Agreement of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and Target shall each use its best commercially reasonable efforts to cause the Information Statement to comply with all applicable federal and state securities laws law requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the recommendation of the Board of Directors of Target that the Target shareholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Ravisent Technologies Inc)

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Target the Company shall prepare, with the cooperation of AcquirorParent, an Information Statement for the shareholders stockholders of Target the Company to adopt and approve this Agreement, the Agreement of Merger Merger, and the transactions contemplated hereby and therebyby this Agreement. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Parent Common Stock to be received by the holders of Target Company Capital Stock in the Merger. Acquiror Parent 28 and Target the Company shall each use its best efforts to cause the Information Statement to comply in all material respects with applicable federal and state securities laws requirements. Each of Acquiror Parent and Target the Company agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's ’s counsel and auditors in the preparation of the Information Statement. Target The Company will promptly advise Acquiror, Parent and Acquiror Parent will promptly advise Targetthe Company, in writing writing, if at any time prior to the Effective Time either Target the Company or Acquiror Parent shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions fiduciary duties of Section 5.1the members of the Board of Directors of the Company, the Information Statement shall contain the unanimous recommendation of the Board of Directors of Target the Company that the Target shareholders Company’s stockholders adopt and approve this Agreement, the Merger Merger, and the other transactions contemplated by this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders stockholders of Targetthe Company. Anything to Notwithstanding any other provision of this Agreement, the contrary contained herein notwithstanding, Target Company shall not include in the Information Statement any information with respect to Acquiror Parent or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror Parent prior to such inclusion.

Appears in 1 contract

Samples: Merger Agreement (Inktomi Corp)

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Target and Acquiror shall prepare, with the cooperation of Acquiror, prepare an Information Statement for the shareholders stockholders of Target to approve this Agreement, the Agreement Certificate of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and Target shall each use its best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated 35 42 by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the recommendation of the Board of Directors of Target that the Target shareholders stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger as contained herein are fair and reasonable to the shareholders stockholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Quintus Corp)

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Preparation of Information Statement. As soon promptly as practicable ------------------------------------ after the execution of this Agreement, Target the Company shall prepare, with the cooperation of Acquiror, prepare an Information Statement for the shareholders Stockholders of Target the Company to approve this Agreement, the Agreement of Merger and the transactions contemplated hereby and therebyhereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Parent Common Stock to be received by the holders of Target Company Capital Stock in the Merger and an information statement for solicitation of shareholder approval of the Merger. Acquiror Parent and Target the Company shall each use its best commercially reasonable efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror Parent and Target the Company agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target The Company will promptly advise AcquirorParent, and Acquiror Parent will promptly advise Targetthe Company, in writing if at any time prior to the Effective Time either Target the Company or Acquiror Parent shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the recommendation of the Board of Directors of Target the Company that the Target shareholders Company Stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders Stockholders of Targetthe Company. Anything to the contrary contained herein notwithstanding, Target the Company shall not include in the Information Statement any information with respect to Acquiror Parent or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror Parent prior to such inclusion.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (QRS Corp)

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreementdate hereof, Target the Company shall prepare, with the cooperation of AcquirorLucent, an Information Statement information statement for the shareholders stockholders of Target the Company (the "Information Statement") to approve this Agreement, the Agreement of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Lucent Common Stock to be received by the holders of Target Capital Stock Company Stockholders in the Merger. Acquiror Lucent and Target the Company shall each use its reasonable best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror Lucent and Target the Company agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will The Company shall promptly advise AcquirorLucent, and Acquiror will Lucent shall promptly advise Targetthe Company, in writing if at any time prior to the Effective Time either Target the Company or Acquiror Lucent shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the recommendation of the Board of Directors of Target the Company that the Target shareholders Company Stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors of the Company that the terms Merger, this Agreement and conditions the transactions contemplated hereby are advisable and in the best interest of the Merger are fair and reasonable to the shareholders of TargetCompany Stockholders. Anything Notwithstanding anything to the contrary contained herein notwithstandingherein, Target the Company shall not include in the Information Statement any information with respect to Acquiror Lucent or its affiliates or associates, the form and content of Affiliates which information shall not have been approved by Acquiror Lucent prior to such inclusion.

Appears in 1 contract

Samples: Merger Agreement (Lucent Technologies Inc)

Preparation of Information Statement. As soon as practicable ------------------------------------ after the execution of this Agreement, Target shall prepare, with the cooperation of Acquiror, an Information Statement for the shareholders stockholders of Target to approve this Agreement, the Agreement Certificate of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and Target shall each use its best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors independent accountants to cooperate with the other's counsel and auditors independent accountants in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the recommendation of the Board of Directors of Target that the Target shareholders stockholders approve the Merger and this Agreement and the conclusion of the Target Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders stockholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion.

Appears in 1 contract

Samples: Merger Agreement (Hoovers Inc)

Preparation of Information Statement. (a) As soon as practicable ------------------------------------ after the execution of this Agreement, Target shall prepare, with the cooperation of Acquiror, an information statement (as amended or supplemented, the “Information Statement Statement”) for the shareholders solicitation of approval of the stockholders of Target to approve describing this Agreement, the Agreement Certificate of Merger and the transactions contemplated hereby and thereby. The Information Statement Acquiror shall constitute a disclosure document for the offer and issuance of the shares of provide such information about Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and as Target shall each use its best efforts to cause reasonably request. The information supplied by Target for inclusion in the Information Statement to comply be sent to the stockholders of Target shall not, on the date the Information Statement is first mailed to Target’s stockholders or at the Effective Time, contain any untrue statement of a material fact, or omit to state any material fact necessary in order to make the statements made therein, in light of the circumstances under which they are made, not misleading. Notwithstanding the foregoing, Target makes no representation, warranty or covenant with applicable federal respect to any information supplied by Acquiror or Merger Sub that is contained in any of the foregoing documents. The information supplied by Acquiror or Merger Sub for inclusion in the Information Statement shall not, on the date the Information Statement is first mailed to Target’s stockholders or at the Effective Time, contain any untrue statement of a material fact, or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances under which they are made, not misleading. Notwithstanding the foregoing, Acquiror and state securities laws requirements. Merger Sub make no representation, warranty or covenant with respect to any information supplied by Target that is contained in any of the foregoing documents. (b) Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, Statement or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's ’s counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated by reference therein not misleading or to comply with applicable law. Subject to the provisions of Section 5.1, the The Information Statement shall contain the recommendation of the Board of Directors of Target that the Target shareholders stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger are fair and reasonable to the shareholders stockholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion, such approval not to be unreasonably withheld or delayed.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Packeteer Inc)

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