Undertakings of Parent Sample Clauses

The "Undertakings of Parent" clause sets out the specific promises or obligations that the parent company agrees to fulfill under the agreement. Typically, this clause details actions the parent must take or refrain from taking, such as ensuring its subsidiary complies with certain terms, providing financial support, or not engaging in activities that could harm the agreement's objectives. By clearly outlining these responsibilities, the clause ensures accountability and provides assurance to the other party that the parent company will actively support and uphold the agreement, thereby reducing the risk of non-performance or breach by the subsidiary.
Undertakings of Parent. Parent shall perform, or cause to be performed, when due, all obligations of Merger Subsidiary under this Agreement.
Undertakings of Parent. Parent shall perform, or cause to be performed, when due all obligations of Buyer under this Agreement.
Undertakings of Parent. Parent shall perform, or cause to be performed, when due all obligations of Sub and, following the Effective Time, the Surviving Corporation, under this Agreement.
Undertakings of Parent. Parent shall perform or comply with or cause to be performed or complied with, when due all agreements, covenants and obligations of Parent, Merger Sub and OP Merger Sub under this Agreement to be performed or complied with prior to the REIT Merger and the OP Merger.
Undertakings of Parent 

Related to Undertakings of Parent

  • Obligations of Merger Subsidiary Parent shall take all action necessary to cause Merger Subsidiary to perform its obligations under this Agreement and to consummate the Merger on the terms and conditions set forth in this Agreement.

  • REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUBSIDIARY Parent and Merger Subsidiary represent and warrant to the Company as follows:

  • Operations of Merger Sub Merger Sub is a direct, wholly owned subsidiary of Parent, was formed solely for the purpose of engaging in the transactions contemplated by this Agreement, has engaged in no other business activities and has conducted its operations only as contemplated by this Agreement.

  • Interim Operations of Merger Sub Merger Sub was formed solely for the purpose of engaging in the transactions contemplated by this Agreement, has engaged in no other business activities and has conducted its operations only as contemplated by this Agreement.

  • Obligations of Merger Sub Parent shall take all action necessary to cause Merger Sub to perform its obligations under this Agreement and to consummate the Merger on the terms and subject to the conditions set forth in this Agreement.