Common use of Obligation of Parent Clause in Contracts

Obligation of Parent. Whenever this Agreement requires Sub to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to use its reasonable best efforts to cause Sub to take such action. Parent hereby guarantees the complete and timely performance by Sub of all its obligations under this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Trace International Holdings Inc), Agreement and Plan of Merger (Foamex Capital Corp), Agreement and Plan of Merger (Trace International Holdings Inc)

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Obligation of Parent. Whenever this Agreement requires Sub to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to use its reasonable best efforts to cause Sub to take such action. Parent hereby guarantees action and a guarantee of the complete and timely performance by Sub of all its obligations under this Agreementthereof.

Appears in 3 contracts

Samples: Iii 6 Agreement and Plan of Merger (Novacare Employee Services Inc), Stock Option and Tender Agreement (Wolters Kluwer Us Corp), Stock Option and Tender Agreement (Wolters Kluwer Us Corp)

Obligation of Parent. Whenever this Agreement requires Parent Sub to take any action, such requirement shall be deemed to include an undertaking on the part of Parent to use its reasonable best efforts to cause Parent Sub to take such action. Parent hereby guarantees action and a guarantee of the complete and timely performance by Sub of all its obligations under this Agreementthereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hc Investments Inc), Agreement and Plan of Merger (Loctite Corp)

Obligation of Parent. Whenever this Agreement requires Sub to -------------------- take any action, such requirement shall be deemed to include an undertaking on the part of Parent to use its reasonable best efforts to cause Sub to take such action. Parent hereby guarantees action and a guarantee of the complete and timely performance by Sub of all its obligations under this Agreementthereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Plato Holdings Inc), Agreement and Plan of Merger (Plato Holdings Inc)

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Obligation of Parent. Whenever this Agreement requires Sub to take any action, such requirement shall will be deemed to include an undertaking on the part of Parent to use its reasonable best efforts to cause Sub to take such action. Parent hereby guarantees the complete and timely performance by Sub of all its obligations under this AgreementSection 8.11.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Telemundo Holding Inc)

Obligation of Parent. Whenever this Agreement requires Sub -------------------- to take any action, such requirement shall will be deemed to include an undertaking on the part of Parent to use its reasonable best efforts to cause Sub to take such action. Parent hereby guarantees the complete and timely performance by Sub of all its obligations under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Black Leon D)

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