Common use of Absence of Control Clause in Contracts

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto that neither Sub nor Company by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the other party and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Commerce Bancshares Inc /Mo/), Agreement and Plan of Merger (Commerce Bancshares Inc /Mo/), Agreement and Plan of Merger (Commerce Bancshares Inc /Mo/)

AutoNDA by SimpleDocs

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto to this Agreement that neither Sub Acquiror nor the Company by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyContemplated Transactions) to control, directly or indirectly, the other party or any of its respective Subsidiaries and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other partyparty or any of its respective Subsidiaries.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (County Bancorp, Inc.), Agreement and Plan of Merger (Midland States Bancorp, Inc.), Agreement and Plan of Merger (First Busey Corp /Nv/)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto to this Agreement that neither Sub Old National nor Company St. Jxxxxx by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyherein) to control, directly or indirectly, the other party or any of its respective subsidiaries and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other partyparty or any of its respective subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (St Joseph Capital Corp), Agreement and Plan of Reorganization (Old National Bancorp /In/)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto that Parties to this Agreement that, until the Closing, neither Sub Buyer nor the Company by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyMerger) to control, directly or indirectly, the other party Party or any of its respective subsidiaries and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other partyParty or any of its respective subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Associated Banc-Corp), Agreement and Plan of Merger (Bank Mutual Corp)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto to this Agreement that neither Sub Acquiror nor Company by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyContemplated Transactions) to control, directly or indirectly, the other party or any of its respective Subsidiaries and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other partyparty or any of its respective Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (MidWestOne Financial Group, Inc.), Agreement and Plan of Merger (QCR Holdings Inc)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto Parties to this Agreement that neither Sub Purchaser, the Corporation nor Company the Bank by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, any other Party or the other party Bank and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of any such other partyParty or the Bank.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (TriState Capital Holdings, Inc.), Preferred Stock Purchase Agreement (TriState Capital Holdings, Inc.)

Absence of Control. Subject to any specific provisions of this the Agreement, it is the intent of the parties hereto to this Agreement that neither Sub Buyer nor Company by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyherein) to control, directly or indirectly, the other party or any of the other party’s Subsidiaries and shall not exercise, exercise or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party or the other party’s Subsidiaries.

Appears in 1 contract

Samples: Voting Agreement (Sunshine Bancorp, Inc.)

AutoNDA by SimpleDocs

Absence of Control. Subject to any specific provisions of this ------------------ Agreement, it is the intent of the parties hereto to this Agreement that neither Sub Acquiror nor Company CGB&L by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyContemplated Transactions) to control, directly or indirectly, the other party and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cgb&l Financial Group Inc)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto to this Agreement that neither Sub NWIN nor Company First Personal by reason of this Agreement shall be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the other party or any of its respective Subsidiaries (as defined in the introductory paragraphs to Article III and Article IV) and shall not exercise, exercise or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other partyparty or any of its respective Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Northwest Indiana Bancorp)

Absence of Control. Subject to any specific provisions of this Agreement, it is the intent of the parties hereto that neither Sub nor Company Commerce by reason of this Agreement shall not be deemed (until consummation of the transactions contemplated hereby) to control, directly or indirectly, the other party and shall not exercise, or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Commerce Bancshares Inc /Mo/)

Absence of Control. Subject to any specific provisions of this the Agreement, it is the intent of the parties hereto to this Agreement that neither Sub First Capital nor Company Peoples by reason of this Agreement shall be deemed (until consummation of the transactions contemplated herebyherein) to control, directly or indirectly, the other party or any of its respective Subsidiaries (as such term is defined below) and shall not exercise, exercise or be deemed to exercise, directly or indirectly, a controlling influence over the management or policies of such other partyparty or any of its respective Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Capital Inc)

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