Common use of Restrictions on Parent and the Company Clause in Contracts

Restrictions on Parent and the Company. (a) Parent agrees that, from and after the date hereof and prior to the Acceptance Date, and except as may be agreed in writing by the Company or as may be expressly permitted pursuant to this Agreement (including the exercise of termination rights under this Agreement), Parent shall not, and shall not permit any of its Subsidiaries to agree, in writing or otherwise, to take any action which would materially delay the consummation of the Offer, including by application of Rule 14e-5 under the Exchange Act.

Appears in 5 contracts

Samples: Document Agreement and Plan of Merger (Information Resources Inc), Document Agreement and Plan of Merger (Information Resources Inc), Agreement and Plan of Merger (Information Resources Inc)

AutoNDA by SimpleDocs

Restrictions on Parent and the Company. (a) Parent agrees that, from and after the date hereof and prior to the Acceptance Date, and except as may be agreed in writing by the Company or as may be expressly permitted pursuant to this Agreement (including the exercise of termination rights under this Agreement), Parent shall not, and shall not permit any of its Subsidiaries subsidiaries to agree, in writing or otherwise, to take any action which would materially delay the consummation of the Offer, including by application of Rule 14e-5 under the Exchange Act.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Chiron Corp), Agreement and Plan of Merger (Pathogenesis Corp)

AutoNDA by SimpleDocs

Restrictions on Parent and the Company. (a) Parent agrees that, from and after the date hereof and prior to the Acceptance DateEffective Time, and except as may be agreed in writing by the Company or as may be expressly permitted pursuant to this Agreement (including the exercise of termination rights under this Agreement), Parent shall not, and shall not permit any of its Subsidiaries to agree, in writing or otherwise, to take any action which would materially delay the consummation of the Offer, including by application of Rule 14e-5 under the Exchange ActMerger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Viewlocity Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.