Common use of Offers Clause in Contracts

Offers. Target has suspended or terminated, and has the legal right to terminate or suspend, all negotiations and discussions of Acquisition Transactions (as defined in Section 5.6) with parties other than Acquiror.

Appears in 8 contracts

Sources: Merger Agreement (Deltagen Inc), Merger Agreement (Deltagen Inc), Merger Agreement (Yahoo Inc)

Offers. Target has suspended or terminated, and has the ------ legal right to terminate or suspend, all negotiations and discussions of Acquisition Transactions (as defined in Section 5.6) with parties other than Acquiror.

Appears in 4 contracts

Sources: Merger Agreement (Loudeye Technologies Inc), Merger Agreement (Applied Micro Circuits Corp), Merger Agreement (Yahoo Inc)

Offers. Target is not party to or bound by any agreement with respect to, and has suspended or terminated, and has the legal right to terminate or suspend, all negotiations and discussions of Acquisition Transactions (as defined in Section 5.6) with parties other than AcquirorHearMe.

Appears in 1 contract

Sources: Merger Agreement (Hearme)