Required Steps. The Company’s Bank shall have taken all necessary corporate action to effectuate the Bank Merger immediately following the Effective Time. All conditions to the consummation of the Bank Merger shall have been satisfied or waived.
Required Steps. Parent’s Bank shall have taken all necessary corporate action to effectuate the Bank Merger immediately following the Effective Time. All conditions to the consummation of the Bank Merger shall have been satisfied or waived.
Required Steps. No matter may be submitted to arbitration which has not been properly carried through all requisite steps of the grievance procedure.
Required Steps. Reasonable Efforts
Required Steps. Subject to Section 4.1, Purchaser and Parent will each take all steps required of it under the Arrangement Agreement, in accordance with and pursuant to the terms thereof, to cause the Arrangement to occur in accordance with the terms and subject to the conditions set forth in the Arrangement Agreement.
Required Steps. The Force Majeure Party shall take all commercially reasonable steps as are necessary or directed to:
Required Steps. The following steps shall be taken as part of the Wind-up Plan (i) timely disposition of the Property that constitutes the Project subject to the Wind-up Plan, as applicable, by sale, auction, division of assets, or otherwise; (ii) deposit of any proceeds of such disposition in the account(s) specified by the Management Committee; (iii) taking of all action required by Good Utility Practice to provide for the retirement from service of any part of the Project that is not sold or disposed of, including any remediation, restoration or other actions required by Applicable Law or necessary or desirable for the protection of the Owners from liability; (iv) payment of all liabilities related to the Project subject to such disposition and establishment of any reserves necessary to satisfy any contingent liabilities related to the Project (including those arising pursuant to clause (iii) of this Section 19.3.1.2); (v) undertaking of other necessary steps for the winding up of the Project; (vi) periodic reporting to the Owners on the status of the Wind-up Plan; (vii) preparation of a final accounting for the Project subject to the Wind-up Plan, and, in the event the Wind-up Plan does not include all of the Project, to facilitate the proper calculation of the Percentages upon completion of the Wind-up Plan and prior to disbursement of any available funds in the Project Accounts and (viii) allocation and disbursement of any available funds in the Project Accounts (after satisfaction of the provisions of this Section 19.3.1.2) (the “Distributable Cash”) or costs to the Owners in accordance with Section 19.3.2.
Required Steps. Reasonable Efforts
4.1 The Parties shall take all reasonable steps to effectuate the Settlement and to secure the prompt, complete and final dismissal with prejudice of the Action on a without costs basis as against the Settling Defendants, including cooperating in the Plaintiff’s efforts to obtain the approval and orders required from the Court regarding the approval or implementation of the Settlement. Action in Abeyance
4.2 Until the Effective Date or until this Agreement is terminated in accordance with its terms, whichever occurs first, the Plaintiff agrees to hold in abeyance all other steps in the Action as they relate to the Settling Defendants, other than the motions contemplated by this Agreement and such other matters required to implement the terms of this Agreement.
Required Steps. The Company shall, to Parent’s reasonable satisfaction, have taken the Required Steps (as defined in Section 3.2(a) of the Company Disclosure Schedule).
Required Steps. The Bank shall have taken all necessary corporate action to effectuate the Merger immediately following the Effective Time.
