Client Consents. (a) As soon as practicable after the date hereof, but in any event prior to August 8, 1997, the Company shall notify each of its clients of the transactions contemplated hereby and by the other agreements, documents and instruments contemplated hereby. Such notice shall be in the form of Exhibit 5.2A hereto with respect to those clients whose contracts require affirmative written consent for their assignment and in the form of Exhibit 5.2B with respect to those clients whose contracts do not require affirmative written consent for their assignment (in each case, with such changes thereto as may be agreed to by AMG in writing). (b) On or prior to September 8, 1997, the Company shall send to each client who was sent, but who has not by such date returned, the notice in substantially the form of Exhibit 5.2A or Exhibit 5.2B hereto countersigned indicating approval of the transactions contemplated hereby, an additional notice in form and substance acceptable to AMG. (c) The Company and the LLC shall use their respective best efforts to, and the Stockholders shall use their best efforts to cause the Company and the LLC to, obtain consents from their clients in the manner contemplated by this Section 5.2.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Affiliated Managers Group Inc), Agreement and Plan of Reorganization (Affiliated Managers Group Inc)