Subsidiary Shares. At or prior to the Closing, the Company shall use its reasonable efforts to cause all issued and outstanding Subsidiary shares (other than any interests in joint ventures or similar arrangements) owned by any person other than the Company or any of its Subsidiaries to be transferred for no or nominal consideration to such person or persons designated by Parent.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Medtronic Inc), Agreement and Plan of Merger (Medtronic Inc), Agreement and Plan of Merger (Sofamor Danek Group Inc)
Subsidiary Shares. At or prior to the Closing, the Company shall use its commercially reasonable efforts to cause all issued and outstanding Subsidiary shares (other than any interests in joint ventures or similar arrangements) owned by any person other than the Company or any of its Subsidiaries to be transferred for no or nominal consideration to such qualified person or persons designated by Parent.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (DSP Technology Inc), Agreement and Plan of Merger (Arterial Vascular Engineering Inc), Agreement and Plan of Merger (Medtronic Inc)
Subsidiary Shares. At or prior to the Closing, the Company shall use its reasonable best efforts to cause all issued and outstanding Subsidiary shares of capital stock of the Company's Subsidiaries (other than any interests in joint ventures or similar arrangements) owned by any person other than the Company or any of its Subsidiaries to be transferred transferred, effective at the Effective Time, for no or nominal consideration to such person or persons designated by Parent.
Appears in 1 contract
Samples: Minimed Inc
