Common use of No Other Commitments Clause in Contracts

No Other Commitments. Except as set forth in Schedule 2.02, such Principal Shareholder is not party to or bound by, nor does such Principal Shareholder have any knowledge of, any agreement, instrument, arrangement, contract, obligation, commitment or understanding of any character, whether written or oral, express or implied, relating to the sale, assignment, encumbrance, conveyance, transfer or delivery of any capital stock of the Company owned by such Principal Shareholder or any securities of any Subsidiary.

Appears in 3 contracts

Sources: Merger Agreement (Smith Jack T), Merger Agreement (Palmer J N Family Partnership), Merger Agreement (Ladin William E Jr)