Common use of Reasonable Efforts/Cooperation Clause in Contracts

Reasonable Efforts/Cooperation. Each of the Parties hereto will use its reasonable best efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws and regulations to consummate the transactions contemplated by this Agreement, including adopting plans or plan amendments. Each of the Parties hereto shall cooperate fully on any issue relating to the transactions contemplated by this Agreement for which the other Party seeks a determination letter or private letter ruling from the Internal Revenue Service, an advisory opinion from the Department of Labor or any other filing, consent or governmental approval.

Appears in 7 contracts

Samples: Employee Matters Agreement (Theravance Biopharma, Inc.), Employee Matters Agreement (Myriad Pharmaceuticals, Inc.), Employee Matters Agreement (Furiex Pharmaceuticals, Inc.)

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Reasonable Efforts/Cooperation. Each of the Parties hereto will use its reasonable best efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws and regulations to consummate the transactions contemplated by this Agreement, including adopting plans or plan amendments. Each of the Parties hereto shall cooperate fully on any issue relating to the transactions contemplated by this Agreement for which the other Party seeks a determination letter or private letter ruling from the Internal Revenue Service, an advisory opinion from the Department of Labor or any other filing, consent Consent or governmental approvalGovernmental Approval.

Appears in 2 contracts

Samples: Employee Matters Agreement (CPEX Pharmaceuticals, Inc.), Employee Matters Agreement (CPEX Pharmaceuticals, Inc.)

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Reasonable Efforts/Cooperation. Each of the Parties hereto will use its commercially reasonable best efforts to promptly take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws and regulations to consummate the transactions contemplated by this Agreement, including adopting plans or plan amendments. Each of the Parties hereto shall cooperate fully on any issue relating to the transactions contemplated by this Agreement for which the other Party seeks a determination letter or private letter ruling from the Internal Revenue Service, an advisory opinion from the Department of Labor or any other filing, consent or governmental approvalapproval with respect to or by a Governmental Entity.

Appears in 2 contracts

Samples: Employee Matters Agreement (Forestar Real Estate Group Inc.), Employee Matters Agreement (Guaranty Financial Group Inc.)

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