Common use of Subsidiary Compliance Clause in Contracts

Subsidiary Compliance. The Company shall cause its Subsidiaries to use reasonable best efforts to take or cause to be taken all actions, and do or cause to be done all things, necessary, proper or advisable on its part under this Agreement and applicable Laws to consummate and make effective the Merger and the other transactions contemplated by this Agreement as promptly as reasonably practicable. Whenever this Agreement requires a Subsidiary of the Company to take any action, such requirement shall be deemed to include an undertaking on the part of the Company to cause such Subsidiary to take such action.

Appears in 1 contract

Samples: Side Agreement (Tekelec)

AutoNDA by SimpleDocs

Subsidiary Compliance. The Company shall cause its Subsidiaries to use commercially reasonable best efforts to take or cause to be taken all actions, and do or cause to be done all things, necessary, proper or advisable on its part their parts under this Agreement and applicable Laws to consummate and make effective the Merger and the other transactions contemplated by this Agreement as promptly as reasonably practicable. Whenever this Agreement requires a Subsidiary of the Company to take any action, such requirement shall be deemed to include an undertaking on the part of the Company to cause such Subsidiary to take such action.. * * * *

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ixia)

Subsidiary Compliance. The Each of the Company and Parent shall cause its Subsidiaries to use commercially reasonable best efforts to take or cause to be taken all actions, and do or cause to be done all things, necessary, proper or advisable on its part under this Agreement and applicable Laws to consummate and make effective the Merger and the other transactions contemplated by this Agreement as promptly as reasonably practicable. Whenever this Agreement requires a Subsidiary of the Company or Parent to take any action, such requirement shall be deemed to include an undertaking on the part of the Company or Parent, as applicable, to cause such Subsidiary to take such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Memc Electronic Materials Inc)

AutoNDA by SimpleDocs

Subsidiary Compliance. The Company shall cause its the Subsidiaries to use reasonable best efforts to take or cause to be taken all actions, and do or cause to be done all things, necessary, proper proper, or advisable on its part under this Agreement and applicable Laws to consummate and make effective the Merger and the other transactions contemplated by this Agreement and the Ancillary Agreements as promptly as reasonably practicable. Whenever this Agreement requires a Subsidiary of the Company to take any action, such requirement shall be deemed to include an undertaking on the part of the Company to cause such Subsidiary to take such action.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sangoma Technologies Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.