Common use of Subsidiary Governance Clause in Contracts

Subsidiary Governance. No subsidiary of the Company shall take any action without the approval of the Board to the extent approval of the Board would be required in the event such action was to be taken by the Company itself, including the requisite groups of directors whose approval would be required in the event such action was to be taken by the Company itself.

Appears in 3 contracts

Sources: Investors’ Rights Agreement (Praxis Precision Medicines, Inc.), Investors’ Rights Agreement (TScan Therapeutics, Inc.), Investors’ Rights Agreement (Praxis Precision Medicines, Inc.)

Subsidiary Governance. No subsidiary of the Company shall take any action without the approval of the Board of Directors to the extent approval of the Board of Directors would be required in the event such action was to be taken by the Company itself, including include the requisite groups of directors whose approval would be required in require din the event such action was to be taken by the Company itself.

Appears in 2 contracts

Sources: Series a Preferred Stock Purchase Agreement, Series a Preferred Stock Purchase Agreement

Subsidiary Governance. No subsidiary of the Company Subsidiary shall take any action without the approval of the Board to the extent approval of the Board would be required in the event such action was to be taken by the Company itself, including the requisite groups of directors whose approval would be required in the event such action was to be taken by the Company itself.

Appears in 2 contracts

Sources: Investors’ Rights Agreement (Hinge Health, Inc.), Investors’ Rights Agreement (Hinge Health, Inc.)

Subsidiary Governance. No The Company shall not permit any subsidiary of the Company shall to take any action without the approval of the Board of Directors of the Company to the extent extend approval of the Board of Directors of the Company would be required in the event such action was to be taken by the Company itself, including the requisite groups of directors whose approval would be required in the event such action was to be taken by the Company itself.

Appears in 1 contract

Sources: Investors’ Rights Agreement (VYNE Therapeutics Inc.)

Subsidiary Governance. No The Company shall not permit any subsidiary of the Company shall to take any action without the approval of the Board of Directors of the Company to the extent approval of the Board of Directors of the Company would be required in the event such action was to be taken by the Company itself, including the requisite groups of directors whose approval would be required in the event such action was to be taken by the Company itself.

Appears in 1 contract

Sources: Investors’ Rights Agreement (Swarmer, Inc)