Common use of Obligation of Parent Clause in Contracts

Obligation of Parent. Parent shall cause Acquisition Sub to duly perform, satisfy and discharge on a timely basis each of the covenants, obligations and liabilities of Acquisition Sub under this Agreement.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Schneider Electric Sa), Agreement and Plan of Merger (Maxim Integrated Products Inc), Agreement and Plan of Merger (Opnet Technologies Inc)

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Obligation of Parent. Parent shall cause ensure that Acquisition Sub to duly performperforms, satisfy satisfies and discharge discharges on a timely basis each of the covenants, obligations and liabilities of Acquisition Sub under this Agreement, and Parent shall be jointly and severally liable with Acquisition Sub for the due and timely performance and satisfaction of each of said covenants, obligations and liabilities.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Leapfrog Enterprises Inc)

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