Common use of Breach by Representatives Clause in Contracts

Breach by Representatives. The Company agrees that if it (i) permits any of its Representatives (other than an employee or consultant of the Company who is not an executive officer of the Company) to take any action or (ii) is made aware of an action by one of its Representatives (other than an employee or consultant of the Company who is not an executive officer of the Company) and does not use its reasonable best efforts to prohibit or terminate such action and, in each case, such action would constitute a material breach of this Section 5.3 if taken by the Company, then such action will be deemed to constitute a breach by the Company of this Section 5.3.

Appears in 1 contract

Sources: Merger Agreement (Globalscape Inc)

Breach by Representatives. The Company agrees that if it (i) permits authorizes any of its or its Subsidiaries’ Representatives (other than an employee or consultant of the Company who is not an executive officer of the Company) to take any action or (ii) is made aware of an action by one or more of its or its Subsidiaries’ Representatives (other than an employee or consultant of the Company who is not an executive officer of the Company) and does not use its reasonable best efforts to prohibit or terminate such action and, in each either case, such action would constitute a material breach of this Section 5.3 if taken by the CompanyCompany during the Pre-Closing Period, then such action will be deemed to constitute a breach by the Company of this Section 5.3.

Appears in 1 contract

Sources: Merger Agreement (Mandiant, Inc.)

Breach by Representatives. The Company agrees that if it (i) affirmatively permits any of its Representatives (other than an employee or consultant of the Company who is not an executive officer of the Company) to take any action or (ii) is made aware of an action by one of its Representatives (other than an employee or consultant of the Company who is not an executive officer of the Company) and does not use its reasonable best efforts to prohibit or terminate such action and, in each case, such action would constitute a material breach of this Section 5.3 if taken by the Company, then such action will be deemed to constitute a breach by the Company of this Section 5.3.]

Appears in 1 contract

Sources: Merger Agreement (PROS Holdings, Inc.)