Common use of Additional Approvals Clause in Contracts

Additional Approvals. If, contrary to the parties' understanding, the approval of the shareholders of Purchaser shall be required to effectuate the transactions contemplated hereby, Purchaser shall, as soon as reasonably practicable, call, give notice of, convene and hold a meeting of its shareholders for purpose of seeking to obtain such approval. Notwithstanding anything to the contrary contained herein, no such approval of the shareholders of Purchaser as described in the preceding sentence shall be deemed a breach of any representation, warranty, covenant, agreement or other provision of this Agreement.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Rainforest Cafe Inc), Agreement and Plan of Merger (Sunbeam Corp/Fl/), Agreement and Plan of Merger (Berman Lyle)

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