Common use of No Control of Other Party’s Business Clause in Contracts

No Control of Other Party’s Business. Nothing contained in this Agreement is intended to give the Parent or the Buyer, directly or indirectly, the right to control or direct the Seller's or its Subsidiaries' operations prior to the Closing Date, and nothing contained in this Agreement is intended to give the Seller, directly or indirectly, the right to control or direct the Parent's or the Buyer's operations. Prior to the Closing Date, each of the Parent, the Buyer and the Target Entities shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries' respective operations.

Appears in 3 contracts

Samples: Asset and Securities Purchase Agreement (Remark Media, Inc.), Asset and Securities Purchase Agreement, Asset and Securities Purchase Agreement (Remark Media, Inc.)

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No Control of Other Party’s Business. Nothing Except as otherwise expressly provided herein, nothing contained in this Agreement is intended to give the Parent or the BuyerPurchaser, directly or indirectly, the right to control or direct the Seller's Company’s or its the Company’s Subsidiaries' operations prior to the Closing DateClosing, and nothing contained in this Agreement is intended to give the SellerSellers, directly or indirectly, the right to control or direct the Parent's or the Buyer's Purchaser’s operations. Prior to the Closing DateClosing, each of the Parent, the Buyer Purchaser and the Target Entities Sellers shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries' respective operations.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kaixin Auto Holdings), Share Purchase Agreement (Renren Inc.)

No Control of Other Party’s Business. Nothing contained in this Agreement is intended shall give any of the Seller Parties, directly or indirectly, the right to control or direct Buyer’s operations or give the Parent or the Buyer, directly or indirectly, the right to control or direct the Seller's or its Subsidiaries' Acquired Entities’ operations prior to the Closing Date, and nothing contained in this Agreement is intended to give the Seller, directly or indirectly, the right to control or direct the Parent's or the Buyer's operationsClosing. Prior to the Closing DateClosing, each of Buyer, on the Parentone hand, the Buyer and the Target Entities Seller Parties, on the other, shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries' their respective operations.

Appears in 2 contracts

Samples: Share Purchase Agreement (Ion Geophysical Corp), Share Purchase Agreement (Ion Geophysical Corp)

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No Control of Other Party’s Business. Nothing contained in this Agreement is intended to give the Parent or the Buyer, directly or indirectly, the right to control or direct the Seller's ’s or its Subsidiaries' operations prior to the Closing Date, and nothing contained in this Agreement is intended to give the Seller, directly or indirectly, the right to control or direct the Parent's ’s or the Buyer's ’s operations. Prior to the Closing Date, each of the Parent, the Buyer and the Target Entities Seller shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries' Subsidiaries respective operations.

Appears in 1 contract

Samples: Asset and Securities Purchase Agreement (Remark Media, Inc.)

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