Nature of Buyer Obligations; Subsidiary Actions Sample Clauses

Nature of Buyer Obligations; Subsidiary Actions. The liabilities and obligations of each Buyer and Merger Co under this Agreement, the Earnout Agreement and any other document, instrument or certificate executed in connection with the transactions contemplated hereby or thereby (collectively “Transaction Documents”) are joint and several. The Knowledge of Merger Co shall be attributed to Buyers, and the Knowledge of any Buyer shall be attributed to Merger Co. and the other Buyer, as the case may be. With respect to any provision in a Transaction Document requiring action to be taken or not taken by a Subsidiary of a Buyer, the parent Buyer undertakes to cause the Subsidiary to take or not take such action, as the case may be. With respect to any provision in a Transaction Document requiring action to be taken or not taken by a Subsidiary of company, Company undertakes to cause the Subsidiary to take or not take such action, as the case may be.
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