Common use of Material Reliance Clause in Contracts

Material Reliance. The Stockholder understands and acknowledges that Parent is entering into, and causing Sub to enter into, the Merger Agreement in material reliance upon the Stockholder's execution and delivery of this Agreement.

Appears in 4 contracts

Sources: Stockholder Agreement (United Air Specialists Inc /Oh/), Stockholder Agreement (Rorie Margaret S), Stockholder Agreement (Rorie Durwood G Jr)