Globespan definition
Examples of Globespan in a sentence
The initial representative of the Globespan Entities shall be ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇.
Each of Globespan and Virata shall use reasonable commercial efforts to have the Joint Proxy Statement/Prospectus cleared by the SEC and the Form S-4 declared effective by the SEC and to keep the Form S-4 effective as long as is necessary to consummate the Merger and the transactions contemplated hereby.
To the knowledge of Globespan, there is no reasonable basis for any such proceeding, claim, action or governmental investigation that would impose any liability or obligation that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect on Globespan.
Each of Globespan and Virata shall give prompt notice to the other party of any notice or other communication from any third party alleging that the consent of such third party is or may be required in connection with the transactions contemplated by this Agreement.
This Agreement has been duly and validly executed and delivered by each of Globespan and Merger Sub and (assuming due authorization, execution and delivery by Virata) constitutes a valid and binding obligation of Globespan and Merger Sub, enforceable against Globespan and Merger Sub in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or similar laws now or hereafter in effect relating to creditors' rights generally or to general principles of equity.
For the avoidance of doubt, Virata agrees that Globespan may take all action necessary (including amending the Globespan ESPP) so that current Globespan employees may be afforded the same benefits as afforded the Continuing Virata Employees.
Neither Globespan nor any Subsidiary of Globespan is a party to any agreement (with any Person other than Globespan and/or any of its Subsidiaries) relating to the allocation or sharing of Taxes, except as would not reasonably be expected to have a Material Adverse Effect on Globespan.
Section 4.2(b)(iii) of the Globespan Disclosure Letter sets forth a list of each material investment of Globespan in the equity (or any security convertible or exchangeable into equity) of any Non-Subsidiary Affiliate.
Each of Globespan and Virata shall, as promptly as practicable after receipt thereof, provide the other party with copies of any written comments and advise each other of any oral comments with respect to the Joint Proxy Statement/Prospectus or Form S-4 received from the SEC.
Prior to the Effective Time, each of Virata and Globespan shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective operations.