No Control of the Other Party’s Business. Nothing contained in this Agreement shall give (i) Montage, directly or indirectly, the right to control or direct the operations of Marigold or any of the Marigold Subsidiaries, or (ii) Marigold, directly or indirectly, the right to control or direct the operations of Montage or any of its Subsidiaries, prior to the Effective Time. Prior to the Effective Time, each of Montage and Marigold, respectively, 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: Agreement and Plan of Merger (Media General Inc), Agreement and Plan of Merger (Nexstar Broadcasting Group Inc), Agreement and Plan of Merger (Nexstar Broadcasting Group Inc)
No Control of the Other Party’s Business. Nothing contained in this Agreement shall give (i) MontageMontage or New Holdco, directly or indirectly, the right to control or direct the operations of Marigold or any of the Marigold Subsidiaries, or and (ii) Marigold, directly or indirectly, the right to control or direct the operations of New Holdco or Montage or any of its their respective Subsidiaries, prior to the Second Merger Effective Time. Prior to the Second Merger Effective Time, each of New Holdco, Montage and Marigold, respectively, 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: Agreement and Plan of Merger (Media General Inc), Agreement and Plan of Merger (Meredith Corp), Agreement and Plan of Merger (Meredith Corp)
