Successor Company Clause Example with 4 Variations from Business Contracts

This page contains Successor Company clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Successor Company. The Company shall require any successor or successors (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement in form and substance satisfactory to Employee, to acknowledge expressly that this Agreement is binding upon and enforceable against the Company in accordance with the terms hereof, and to become jointly and severally obligated with the Company to perform this Agreement in the sam...e manner and to the same extent that the Company would be required to perform if no such succession or successions had taken place. Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as herein defined and any such successor or successors to its business and/or assets, jointly and severally. View More Arrow
Found in YORK WATER CO contract

Variations of a "Successor Company" Clause from Business Contracts

Successor Company. The Company shall require any successor or successors (whether direct or indirect, by purchase, merger, consolidation spin-off or otherwise) to all or substantially all of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Employee, the Executive, to acknowledge expressly that this Agreement is binding upon and enforceable against the Company successor or successors in accordance with the terms hereof, and to become jointly and severally obligat...ed with the Company to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession or successions had taken place. Failure of the Company to notify the Executive 15 in writing as to such successorship, to provide the Executive the opportunity to review and agree to the successor's assumption of this Agreement or to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as herein hereinbefore defined and any such successor or successors to its business and/or assets, jointly and severally. View More Arrow
Found in AMETEK Inc. contract
Successor Company. The Company shall require any Person who acquires the majority of the Common Stock of the Company or BMBC or any successor or successors thereof (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, Company or BMBC, by agreement agreement, in form and substance satisfactory to the Employee, to acknowledge expressly expressly, in writing, that this Agreement is binding upon and enforceable against th...e Company or BMBC or any successor or successors thereto in accordance with the terms hereof, hereof and the instrument of transfer, and to become jointly and severally obligated with the Company to perform this Agreement Agreement, in the same manner and to the same extent that the Company would be required to perform this Agreement if no such acquisition purchaser, merger consolidation, succession or successions had taken place. Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as herein hereinbefore defined and any such successor or successors to its business and/or assets, jointly and severally. View More Arrow
Found in BRYN MAWR BANK CORP contract
Successor Company. The Company shall require any successor or successors (whether direct or indirect, by purchase, merger, consolidation merger or otherwise) to all or substantially all of the business and/or or assets of the Company, by agreement in form and substance satisfactory to the Employee, to acknowledge expressly that this Agreement is binding upon and enforceable against the Company in accordance with the terms hereof, and to become jointly and severally obligated with the Company to perform this Agreem...ent in the same manner and to the same extent that the Company would be required to perform if no such succession or successions had 10 taken place. Failure of the Company to notify the Employee in writing as to such successorship, to provide the Employee the opportunity to review and agree to the successor's assumption of this Agreement or to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as herein defined above and any such successor or successors to its business and/or or assets, jointly and severally. View More Arrow
Found in Conagra Brands contract
Successor Company. The Company shall require any successor or successors (whether direct or indirect, by purchase, merger, consolidation merger or otherwise) to all or substantially all of the business and/or or assets of the Company, by agreement in form and substance satisfactory to the Employee, to acknowledge expressly that this Agreement is binding upon and enforceable against the Company in accordance with the terms hereof, and to become jointly and severally obligated with the Company to perform this Agreem...ent in the same manner and to the same extent that the Company would be required to perform if no such succession or successions had taken place. Failure of the Company to notify the Employee in writing as to such successorship, to provide the Employee the opportunity to review and agree to the successor's assumption of this Agreement or to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as herein defined above and any such successor or successors to its business and/or or assets, jointly and severally. View More Arrow
Found in UGI UTILITIES INC contract