Remedy Actions definition
Examples of Remedy Actions in a sentence
Buyer agrees that, following the date of this Amendment, it shall not, and shall cause its Affiliates not to, rescind or otherwise reduce any of the Remedy Actions that, as of the date of this Amendment, it or any of its Affiliates has accepted or proposed to a Governmental Authority in connection with obtaining the approvals necessary to satisfy the Offer Condition set forth in paragraph (B) of Annex I of the Purchase Agreement.
The Company shall not take, commit to take, or offer to take, any Remedy Actions except at the request of and with the consent of Buyer, it being understood that the Company shall not be required to take any Remedy Actions unless they are conditioned upon and become effective only following the Closing.
Without limiting any obligations of the Company under this Agreement, the Company shall, and shall cause its Subsidiaries to, agree to such Remedy Actions and enter into such Contracts in connection with obtaining any waiver, consent or approvals from any Governmental Authority or other third Person in connection with this Agreement or the Transactions as may be requested by Parent so long as such Remedy Actions and Contracts are conditioned on the Closing having occurred.
Without limiting any obligations of the Company under this Agreement, the Company shall, and shall cause its Subsidiaries to, agree to such Remedy Actions and enter into such Contracts as may be requested by Parent so long as such Remedy Actions and Contracts are conditioned on the Closing having occurred.
Parent and the Company shall consult with each other with respect to all Remedy Actions.
Any Remedy Actions taken by or on behalf of the Company shall not result in any liability or obligation of the Company (including, without limitation, PRGX and its officers and directors) to the Seller or the Stockholders, including without limitation, any liability or obligation with respect to matters set forth in this Agreement such as, by way of illustration but without limitation, any liability for payment of any Earn Out Payments.
The Company shall not take, or agree to take, any Remedy Actions, without the prior written consent of Parent.