Subsequent Action Clause Samples
The "Subsequent Action" clause defines the procedures or requirements that must be followed after a specific event or condition occurs within an agreement. Typically, this clause outlines the steps parties must take, such as providing notice, obtaining approvals, or executing additional documents, once a triggering event has taken place. For example, if a party exercises an option or a contract milestone is reached, the clause may require certain filings or notifications. Its core practical function is to ensure that all parties are aware of and comply with necessary follow-up actions, thereby promoting orderly contract administration and reducing the risk of disputes over next steps.
POPULAR SAMPLE Copied 2 times
Subsequent Action. If, at any time after the Effective Time, the Surviving Corporation shall consider or be advised that any deeds, bills of sale, assignments, assurances or any other actions or things are necessary or desirable to vest, perfect or confirm of record or otherwise in the Surviving Corporation its right, title or interest in, to or under any of the rights, properties or assets of either of the Company or Merger Sub acquired or to be acquired by the Surviving Corporation as a result of, or in connection with, the Merger or otherwise to carry out this Agreement, the officers and directors of the Surviving Corporation shall be authorized to execute and deliver, in the name and on behalf of either the Company or Merger Sub, all such deeds, bills of sale, assignments and assurances and to take and do, in the name an on behalf of each of such corporations or otherwise, all such other actions and things as may be necessary or desirable to vest, perfect or confirm any and all right, title and interest in, to and under such rights, properties or assets in the Surviving Corporation or otherwise to carry out this Agreement.
Subsequent Action. If, at any time after the Effective Time, the Surviving Corporation shall consider or be advised that any deeds, bills of sale, assignments, assurances and any other actions or things are necessary, desirable or proper to vest, perfect or confirm, of record or otherwise, in the Surviving Corporation its right, title or interest in, to or under any of the rights, properties or assets of the Constituent Corporations as a result of, or in connection with, the Merger, the officers and directors of the Surviving Corporation shall be authorized to execute and deliver, in the name and on behalf of the Constituent Corporations or otherwise, all such deeds, bills of sale, assignments and assurances and to take and do, in the name and on behalf of the Constituent Corporations or otherwise, all such other actions and things as may be necessary or desirable to vest, perfect or confirm any and all right, title and interest in, to and under such rights, properties or assets in the Surviving Corporation or otherwise to carry out this Merger Agreement.
Subsequent Action. If, at any time after the Effective Time, the Surviving Corporation shall determine or be advised that any bills of sale, assignments or any other actions or things are necessary or desirable to perfect, confirm, record or otherwise vest in the Surviving Corporation its rights, title or interest in, to or under any of the rights, properties or assets of the Constituent Corporations acquired or to be acquired by the Surviving Corporation as a result of, or in connection with, the Merger or otherwise to carry out this Agreement, the officers and directors of the Surviving Corporation shall be authorized to execute and deliver, in the name and on behalf of each of the Constituent Corporations or otherwise, all such other actions and things as may be necessary or desirable to vest, perfect or confirm any and all right, title, and interest in, to and under such rights, properties or assets in the Surviving Corporation or otherwise to carry out the terms and provisions of this Agreement.
Subsequent Action. Subsequent to the consummation of the Arrangement, when and if deemed appropriate by the Board of Directors FiberChem shall use its best efforts to (a) cause the shares of FiberChem to be listed on NASDAQ, (b) raise additional working capital, and (c) cause a reverse split of FiberChem's Common Shares of up to 1 for 50 shares in order to effect a listing on NASDAQ or otherwise.
Subsequent Action. If at any time after the Effective Time, the Surviving Corporation shall determine, in its sole discretion, that any deeds, bills of sale, instruments of conveyance, assignments, assurances or any other actions or things are necessary or desirable to vest, perfect or confirm of record or otherwise in the Surviving Corporation its right, title or interest in, to or under any of the rights, properties or assets of either of the Company or Merger Sub acquired or to be acquired by the Surviving Corporation as a result of, or in connection with, the Merger or otherwise to carry out this Agreement, then the officers and directors of the Surviving Corporation shall be authorized to execute and deliver, in the name and on behalf of either the Company or Merger Sub, all such deeds, bills of sale, instruments of conveyance, assignments and assurances and to take and do, in the name and on behalf of each of such corporations or otherwise, all such other actions and things as may be necessary or desirable to vest, perfect or confirm any and all right, title or interest in, to and under such rights, properties or assets in the Surviving Corporation or otherwise to carry out this Agreement.
Subsequent Action. 2 1.5 Certificate of Incorporation and Bylaws; Directors and Officers......................................................................2
Subsequent Action. If at any time after the date hereof Assignee or Assignor will consider or be advised that any instruments of conveyance, assignments, filings, assurances or any other actions that are necessary or desirable to vest, perfect or confirm the transfer, assignment, conveyance and delivery of the Lease to Assignee, or otherwise to carry out this Agreement, Assignor or Assignee, as the case may be, shall execute and deliver all instruments of conveyance, fillings, powers of attorney, assignments and assurances and take and do all such other actions and things as may be reasonably requested by Assignee or Assignor, as the case may be, in order to vest, perfect, or confirm the transfer, conveyance and delivery of the Lease or otherwise to carry out this Agreement.
Subsequent Action. If at any time after the Effective Date it shall ----------------- be necessary or desirable to take any action or execute, deliver or file any instrument or document in order to vest, perfect or confirm of record in the Surviving Company the title to any property or any rights of the Disappearing Company, or otherwise to carry out the provisions of this Agreement, the sole member of the Surviving Company is hereby authorized and empowered on behalf of the Disappearing Corporation and in its name to take such action and execute, deliver and file such instruments and documents.
Subsequent Action. The parties agree that, subsequent to the transaction, counsel for Pacific Sunset Investments, Inc., and TRANSFERORS shall promptly file paperwork with the state of California ( for the wholly owned subsidiary) and the state of Minnesota, and the required SEC agencies effecting the merger of Gen-ID Lab Services, LLC into PACIFIC the surviving entity, thereby making Gen-ID Lab Services, LLC a wholly owned subsidiary of PACIFIC SUNSET INVESTMENTS, INC., while preserving Gen-ID Lab Services, LLC's contracts, relationships.
Subsequent Action. All parties will, and procure that any other necessary third party will, execute all such documents and do all such acts which the other parties may consider necessary for giving full effect to this agreement.