Common use of Compliance with Deadlines Clause in Contracts

Compliance with Deadlines. Failure by either Heinz or ▇▇▇▇▇ to comply with the timing deadlines set forth in (a) the first sentence of Section 6.01(a), (b) the parenthetical in clause (i) of Section 6.01(e), and (c) the parenthetical in clause (i) of Section 6.03(d), after, in each case, using reasonable best efforts to so comply, shall not be deemed a breach of this Agreement by such party for so long as such party continues to use reasonable best efforts to cure such failure as promptly as practicable.

Appears in 1 contract

Sources: Agreement and Plan of Merger

Compliance with Deadlines. Failure by either Heinz or ▇▇▇▇▇ Kraft to comply with the timing deadlines set forth in (a) the first sentence of Section 6.01(a), (b) the parenthetical in clause (i) of Section 6.01(e), and (c) the parenthetical in clause (i) of Section 6.03(d), after, in each case, using reasonable best efforts to so comply, shall not be deemed a breach of this Agreement by such party for so long as such party continues to use reasonable best efforts to cure such failure as promptly as practicable.

Appears in 1 contract

Sources: Merger Agreement (Kraft Foods Group, Inc.)