No Control of the Company. Nothing contained in this Agreement shall give Parent, directly or indirectly, the right to control or direct the operations of the Company prior to the Closing Date.
No Control of the Company. Nothing contained in this Agreement is intended to give Buyer, directly or indirectly, the right to control or direct the Company’s operations prior to the Closing. Prior to the Closing, the Company will exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.
No Control of the Company. Nothing contained in this Agreement shall give Parent, directly or indirectly, the right to control or direct the operations of the Company and its Subsidiaries prior to the Closing Date. Prior to the Effective Time, each Party shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over it and its Subsidiaries’ respective operations.
No Control of the Company. The Executive shall not, during the term of his employment and for eighteen (18) months following the termination of his employment (unless the Board authorizes such action in advance) take any action in furtherance of a third party acquiring, or assist, cooperate with, hold discussions with or otherwise encourage any person in acquiring, attempting to acquire or taking any action in furtherance of acquiring, directly or indirectly, control (as defined in Rule 12b-2 of the Act) of the Company.
No Control of the Company. The Executive shall not, during the term of his employment and for 18 months following the termination of his employment (unless the Committee authorizes such action in advance) take any action in furtherance of a third party acquiring, or assist, cooperate with, hold discussions with, or otherwise encourage any person in acquiring, attempting to acquire, or taking any action in furtherance of acquiring, directly or indirectly, control (as defined in Rule 12b-2 of the Act) of the Company; provided that nothing in this Section 6.4 shall prohibit the Executive from receiving telephone calls or overtures regarding an acquisition of the Company that he did not solicit and holding brief conversations resulting from such calls or overtures. The Executive shall promptly inform the Chairman of the Committee of all such overtures and conversations.
No Control of the Company. No Member shall have the right or power to: (a) withdraw its contribution to the capital of the Company or reduce its irrevocably committed amount (the “Commitment”) equal to the amount set forth in the Subscription Agreement; (b) to the maximum extent permitted by law, cause the dissolution and winding up of the Company or (c) demand property in return for its capital contributions. No Member, in its capacity as such, shall take any part in the control of the affairs of the Company, undertake any transactions on behalf of the Company, or have any power to sign for or otherwise to bind the Company.
