Common use of Merger Subsidiary Clause in Contracts

Merger Subsidiary. Parent will take all action necessary to cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement. Merger Subsidiary will not carry on any business or conduct any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary hereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Circus & Eldorado Joint Venture), Agreement and Plan of Merger (MGM Mirage)

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Merger Subsidiary. Parent will take all action necessary (a) to cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement. Agreement and (b) to ensure that, prior to the Effective Time, Merger Subsidiary will shall not carry on conduct any business or conduct make any operations investments other than the execution of as specifically contemplated by this Agreement, or incur or guarantee any indebtedness (other than as contemplated by the performance of its obligations hereunder financing required for the Merger and matters ancillary heretorelated transactions).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Allied Waste Industries Inc), Agreement and Plan of Merger (Browning Ferris Industries Inc)

Merger Subsidiary. Parent will take all action necessary to cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement. Until the Effective Time, Merger Subsidiary will not carry on any business or conduct any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary hereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (International Aluminum Corp)

Merger Subsidiary. Parent will take all action necessary (a) to cause Merger Subsidiary to be formed and organized as promptly as practicable, (b) to cause the board of directors or managing directors to approve this Agreement and the Merger Agreement as promptly as practicable, (c) to cause Merger Subsidiary to execute this Agreement as promptly as practicable, and (d) to cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement. Merger Subsidiary will not carry on any business or conduct any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary hereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mirage Resorts Inc)

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Merger Subsidiary. Subject to the terms and conditions of this Agreement, Parent will take all action actions necessary to (a) cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement. Agreement and (b) ensure that, prior to the Effective Time, Merger Subsidiary will shall not carry on conduct any business or conduct make any operations investments or incur or guarantee any indebtedness other than the execution of as specifically contemplated by this Agreement, the performance of its obligations hereunder and matters ancillary hereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Select Interior Concepts, Inc.)

Merger Subsidiary. Parent will take all action ----------------- necessary (a) to cause Merger Subsidiary to be formed and organized as promptly as practicable, (b) to cause the board of directors or managing directors to approve this Agreement and the Merger Agreement as promptly as practicable, (c) to cause Merger Subsidiary to execute this Agreement as promptly as practicable, and (d) to cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement. Merger Subsidiary will not carry on any business or conduct any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary hereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (MGM Grand Inc)

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