Common use of Activities of Subsidiaries Clause in Contracts

Activities of Subsidiaries. During the period prior to the Closing Date, ▇▇▇▇▇▇▇ shall cause each of JV Entity, ▇▇▇▇▇▇ Intermediate and ▇▇▇▇▇▇ Merger Co. to refrain from engaging in any trade or business other than as contemplated by the ▇▇▇▇▇▇ Merger Agreement; provided, however, that the indirect and direct ownership by JV Entity and ▇▇▇▇▇▇ Intermediate, respectively, of equity interests in the Company and such entities’ management of the Company in connection therewith shall not be deemed to violate this Section 8.7.

Appears in 2 contracts

Sources: Contribution and Investment Agreement (Allscripts Healthcare Solutions, Inc.), Contribution and Investment Agreement