Subsidiary Shares. At or prior to the Closing, the Company shall cause all issued and outstanding Subsidiary shares owned by any person other than the Company to be transferred for no or nominal consideration to such person or persons designated by Parent.
Appears in 4 contracts
Sources: Merger Agreement (Avecor Cardiovascular Inc), Merger Agreement (Medtronic Inc), Merger Agreement (Medtronic Inc)
Subsidiary Shares. At or prior to the Closing, the Company shall use its reasonable efforts to cause all issued and outstanding Subsidiary shares (other than any interests in joint ventures or similar arrangements) owned by any person other than the Company or any of its Subsidiaries to be transferred for no or nominal consideration to such person or persons designated by Parent.
Appears in 4 contracts
Sources: Merger Agreement (Sofamor Danek Group Inc), Merger Agreement (Xomed Surgical Products Inc), Merger Agreement (Medtronic Inc)
Subsidiary Shares. At or prior to the Closing, the Company shall use commercially reasonable efforts to cause all issued and outstanding Subsidiary shares (other than any interests in joint ventures or similar arrangements) owned by any person other than the Company or any of its Subsidiaries to be transferred for no or nominal consideration to such qualified person or persons designated by Parent.
Appears in 3 contracts
Sources: Merger Agreement (Arterial Vascular Engineering Inc), Merger Agreement (Medtronic Inc), Merger Agreement (DSP Technology Inc)
Subsidiary Shares. At or prior to the Closing, the Company shall use reasonable best efforts to cause all issued and outstanding Subsidiary shares of capital stock of the Company's Subsidiaries (other than any interests in joint ventures or similar arrangements) owned by any person other than the Company or any of its Subsidiaries to be transferred transferred, effective at the Effective Time, for no or nominal consideration to such person or persons designated by Parent.
Appears in 1 contract
Sources: Merger Agreement (Minimed Inc)