OBLIGATIONS PENDING EFFECTIVE DATE Sample Clauses
The "Obligations Pending Effective Date" clause defines the responsibilities and actions that parties must undertake between the signing of an agreement and the date it officially comes into effect. Typically, this clause outlines interim duties such as maintaining confidentiality, preparing for the transition, or refraining from certain activities until the agreement is fully operational. Its core function is to ensure that both parties are aligned and protected during the interim period, preventing misunderstandings or actions that could undermine the agreement before it is formally in force.
OBLIGATIONS PENDING EFFECTIVE DATE. 4.1 AGREEMENTS OF CCO AND ECO CCo and ECo agree to take the following actions after the date hereof:
(a) Each party will promptly execute and file or join in the execution and filing of any application or other document that may be necessary in order to obtain the authorization, approval or consent of any Governmental Entity which may be reasonably required, or which the other party may reasonably request, in connection with the consummation of the transactions contemplated by this Agreement. Each party will use its reasonable best efforts to promptly obtain such authorizations, approvals and consents. Without limiting the generality of the foregoing, as promptly as practicable after the execution of this Agreement, each party shall make any required filings under the HSR Act and shall make such filings as are necessary under the Investment Canada Act and the Competition Act (Canada);
(b) CCo and ECo shall cooperate in the preparation of the Proxy Circular and the Registration Statements and of subsequent amendments, where appropriate, thereto and the prompt filing by CCo of the Registration Statements and subsequent amendments thereto with the SEC;
(c) Each of CCo and ECo will promptly notify the other in writing (i) of any event occurring subsequent to the date of this Agreement which would render any representation and warranty of such party contained in this Agreement untrue or inaccurate in any material respect; (ii) of any event, change or effect having a Material Adverse Effect on such party; and (iii) of any breach by such party of any material covenant or agreement contained in this Agreement;
(d) During the term of this Agreement, each of CCo and ECo will use its reasonable best efforts to satisfy or cause to be satisfied as soon as reasonably practicable all the conditions precedent that are set forth in Article 5 hereof, and each of CCo and ECo will use its reasonable best efforts to cause the Arrangement and the other transactions contemplated by this Agreement to be consummated as soon as reasonably practicable;
(e) Subject to Section 5.4, each of CCo and ECo covenants and agrees that it will use its reasonable best efforts (including, without limitation, investigations and consultations with its professional advisors) such that it and its Affiliates (as defined in Section 7.6) will not take or agree to take any action that would prevent CCo from accounting for the business combination to be effected by the Arrangement as a pooling of interes...
OBLIGATIONS PENDING EFFECTIVE DATE. 4.1 AGREEMENTS OF US CO AND CHAUVCO US Co and Chauvco agree to take the following actions after the date hereof:
OBLIGATIONS PENDING EFFECTIVE DATE. 4:1 AGREEMENTS OF PVAXX. PVAXX agrees that from the date hereof to and through the Effective Date, PVAXX will:
OBLIGATIONS PENDING EFFECTIVE DATE. 1. Agreements of ITEQ and AIX. . . . . . . . . . . . . . . . . . 21 4.1.1. Maintenance of Present Business. . . . . . . . . . 21 4.1.2. Maintenance of Properties. . . . . . . . . . . . . 22 4.1.3.
OBLIGATIONS PENDING EFFECTIVE DATE. 4.1. Agreements of GSE and Parent. GSE and Parent (for itself and on behalf of Merger Sub) agree to take the following actions after the date hereof:
OBLIGATIONS PENDING EFFECTIVE DATE. 46 4.1 Agreements of QCo and GCo .................................. 46 4.2 Additional Agreements of GCo ............................... 49 4.3 Additional Agreements of QCo ............................... 51 4.4 Public Announcements ....................................... 54 4.5 Comfort Letters ............................................ 54
OBLIGATIONS PENDING EFFECTIVE DATE. 22 4.1 AGREEMENTS OF TMW, CANCO AND MG................................................................22 4.2 ADDITIONAL AGREEMENTS OF MG....................................................................23 4.3
OBLIGATIONS PENDING EFFECTIVE DATE