Common use of Shareholder Claims Clause in Contracts

Shareholder Claims. The Company shall not settle or compromise any claim brought by any present, former or purported holder or owner of any securities of the Company in connection with the Merger without the prior written consent of Parent.

Appears in 3 contracts

Samples: Merger Agreement (Lightpath Technologies Inc), Merger Agreement (Vitrix Inc /Nv/), Merger Agreement (Lightpath Technologies Inc)

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Shareholder Claims. The Company shall not settle or compromise any claim brought by any present, former or purported holder or owner of any securities of the Company in connection with the Offer or the Merger prior to the Effective Time without the prior written consent of ParentParent and shall notify Parent promptly upon receipt of all written demands for dissenters' rights.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Renex Corp), Agreement and Plan of Merger (Renex Corp)

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