Common use of Reasonable Business Efforts, No Inconsistent Action Clause in Contracts

Reasonable Business Efforts, No Inconsistent Action. Each party will use its, his or her reasonable business efforts to cause the conditions over which it has control to be satisfied on or before the Closing. No party will take any action which will foreseeably result in the nonsatisfaction of any condition stated in Section 5 or 6 on or before the Closing.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Netobjects Inc), Plan and Agreement of Reorganization (Liberate Technologies), Merger and Exchange Agreement (Commtouch Software LTD)

AutoNDA by SimpleDocs

Reasonable Business Efforts, No Inconsistent Action. Each party will use its, his or her its reasonable business efforts to cause the conditions over which it has control to be satisfied on or before the Closing. No party will take any action which will foreseeably result in the nonsatisfaction of any condition stated in Section 4 or 5 or 6 on or before the Closing.

Appears in 2 contracts

Samples: Merger Agreement (Oracle Corp /De/), Merger Agreement (Avant Corp)

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