Common use of Legal Clause in Contracts

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and its Subsidiaries, taken as a whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims or which challenges the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its Subsidiaries, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Aspect Medical Systems Inc), Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Aspect Medical Systems Inc)

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Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and its the Company Subsidiaries, taken as a whole, whole or otherwise involves the payment by the Company of an amount in excess of $500,000100,000, in the aggregate, for all such suits, actions or claims or which challenges the transactions contemplated herebyclaims, (B) would involve material restrictions on the business activities of the Company or any of its Subsidiaries, Company Subsidiary or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Somanetics Corp), Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Somanetics Corp)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and its the Company Subsidiaries, taken as a whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims or which challenges relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Covidien Delaware Corp.), Agreement and Plan of Merger (Power Medical Interventions, Inc.)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the business of the Company and its the Company Subsidiaries, taken as a whole, whole or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims or which challenges the transactions contemplated herebyclaims, (B) would involve material restrictions on the business activities of the Company or any of its Subsidiaries, Company Subsidiary or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Vnus Medical Technologies Inc), Agreement and Plan of Merger (Covidien Group S.a.r.l.)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and its Subsidiaries, taken as a whole, or otherwise involves the payment by business of the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims or which challenges the transactions contemplated herebyany Company Subsidiary, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Cubist Pharmaceuticals Inc), Agreement and Plan of Merger (Adolor Corp), Agreement and Plan of Merger (Cubist Pharmaceuticals Inc)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and its Subsidiaries, taken as a whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims or which challenges relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany, or (C) would involve the issuance of Company securities;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Genzyme Corp), Agreement and Plan of Merger (Bone Care International Inc)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and its Subsidiaries, taken as a whole, or otherwise involves the payment by the any Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims Subsidiary or which challenges relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Genzyme Corp), Agreement and Plan of Merger (Bioenvision Inc)

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Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to the Company and its Subsidiaries, taken as a whole, or otherwise involves the payment by the any Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims Subsidiary or which challenges relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ilex Oncology Inc)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which (A) is material to Company and the Company and its Subsidiaries, taken as a whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims Subsidiaries or which challenges relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany Subsidiary, or (C) would involve the issuance of Company securities;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Helix Technology Corp)

Legal. Commence, settle or compromise any pending or threatened suit, action or claim which is in excess of $1,000,000 and (A) is material to the Company and its Subsidiaries, Subsidiaries taken as a whole, or otherwise involves the payment by the Company of an amount in excess of $500,000, in the aggregate, for all such suits, actions or claims whole or which challenges relates to the transactions contemplated hereby, (B) would involve material restrictions on the business activities of the Company or any of its SubsidiariesCompany, or (C) would involve the issuance of Company securities;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterasys Networks Inc /De/)

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