Common use of Conduct Prior to Closing Date Clause in Contracts

Conduct Prior to Closing Date. Pending the Closing, Tyler shall: (a) confer upon request of the Shareholder with one or more representatives of the Shareholder to report material operational matters and the general status of ongoing operations of Tyler and the Tyler Subsidiaries; and (b) take no action that, and shall not fail to use reasonable best efforts to take (without material cost) any action the failure to take which, would cause or permit its representations and warranties contained in this Agreement to be untrue in any material respect at the Closing.

Appears in 1 contract

Sources: Merger Agreement (Tyler Corp /New/)

Conduct Prior to Closing Date. Pending the Closing, Tyler shall: : (a) confer upon request of the Shareholder with one or more representatives of the Shareholder to report material operational matters and the general status of ongoing operations of Tyler and the Tyler Subsidiaries; and and (b) take no action that, and shall not fail to use reasonable best efforts to take (without material cost) any action the failure to take which, would cause or permit its representations and warranties contained in this Agreement to be untrue in any material respect at the Closing.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Tyler Corp /New/)

Conduct Prior to Closing Date. Pending the Closing, Tyler shall: (a) confer upon request of the Shareholder Shareholders with one or more representatives of the Shareholder Shareholders to report material operational matters and the general status of ongoing operations of Tyler and the Tyler Subsidiaries; and (b) take no action that, and shall not fail to use reasonable best efforts to take (without material cost) any action the failure to take which, would cause or permit its representations and warranties contained in this Agreement to be untrue in any material respect at the Closing.

Appears in 1 contract

Sources: Merger Agreement (Tyler Corp /New/)

Conduct Prior to Closing Date. Pending the Closing, Tyler shall: : (a) confer upon request of the Shareholder Shareholders with one or more representatives of the Shareholder Shareholders to report material operational matters and the general status of ongoing operations of Tyler and the Tyler Subsidiaries; and and (b) take no action that, and shall not fail to use reasonable best efforts to take (without material cost) any action the failure to take which, would cause or permit its representations and warranties contained in this Agreement to be untrue in any material respect at the Closing.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Tyler Corp /New/)