Common use of Legal Clause in Contracts

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the Company Subsidiaries, taken as a whole or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims, (B) would involve restrictions on the business activities of the Company or any Company Subsidiary or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Vnus Medical Technologies Inc), Agreement and Plan of Merger (Covidien Group S.a.r.l.)

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Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the Company its Subsidiaries, taken as a whole whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claimsclaims or which challenges the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any Company Subsidiary of its Subsidiaries, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Aspect Medical Systems Inc), Agreement and Plan of Merger (Aspect Medical Systems Inc)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the Company Subsidiaries, taken as a whole or otherwise involves the payment by the Company of an amount in excess of $500,000100,000, in the aggregate, for all such suits, actions or claims, (B) would involve restrictions on the business activities of the Company or any Company Subsidiary or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Somanetics Corp), Agreement and Plan of Merger (Somanetics Corp), Agreement and Plan of Merger (Covidien PLC)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the or any Company Subsidiaries, taken as a whole or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claimsSubsidiary, (B) would involve restrictions on the business activities of the Company or any Company Subsidiary Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Cubist Pharmaceuticals Inc), Agreement and Plan of Merger (Cubist Pharmaceuticals Inc), Agreement and Plan of Merger (Adolor Corp)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and the Company Subsidiaries, taken as a whole whole, or otherwise involves which relates to the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claimstransactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any Company Subsidiary Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Covidien Delaware Corp.), Agreement and Plan of Merger (Power Medical Interventions, Inc.)

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Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of Company or any Company Subsidiary or which relates to the Company and the Company Subsidiaries, taken as a whole or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claimstransactions contemplated hereby, (B) would involve restrictions on the business activities of the Company or any Company Subsidiary Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Genzyme Corp), Agreement and Plan of Merger (Bioenvision Inc)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which is in excess of $1,000,000 and (A) is material to the business of the Company and the Company Subsidiaries, its Subsidiaries taken as a whole or otherwise involves which relates to the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claimstransactions contemplated hereby, (B) would involve restrictions on the business activities of the Company or any Company Subsidiary Company, or (C) would involve the issuance of Company securities;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterasys Networks Inc /De/)

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