Common use of Anti-takeover Provisions Not Applicable Clause in Contracts

Anti-takeover Provisions Not Applicable. The Board has taken all necessary action to ensure that the transactions contemplated by this Agreement and any of the transactions contemplated hereby will be deemed to be exceptions to the provisions of Section 203 of the Delaware General Corporation Law, and that any other similar “moratorium,” “control share,” “fair price,” “takeover” or “interested stockholder” law does not and will not apply to this Agreement, the acquisition or exercise of the Warrant by Investor or any of its Affiliates or any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Investment Agreement (American Apparel, Inc), Investment Agreement (American Apparel, Inc)

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Anti-takeover Provisions Not Applicable. The Board of Directors has taken all necessary action to ensure that the transactions contemplated by this Agreement and the Transaction Documents or any of the transactions contemplated hereby will be deemed to be exceptions to the provisions of Section 203 of the Delaware General Corporation LawLaw and Article 12 of the Certificate of Incorporation, and that any other similar “moratorium,” “control share,” “fair price,” “takeover” or “interested stockholder” law does not and will not apply to this Agreement, the acquisition Transaction Documents or exercise of the Warrant by Investor or any of its Affiliates or to any of the transactions contemplated herebyhereby or thereby.

Appears in 1 contract

Samples: Investment Agreement (Webster Financial Corp)

Anti-takeover Provisions Not Applicable. The Board of Directors has taken all necessary action to ensure that the transactions contemplated by this Agreement and any of the transactions contemplated hereby will be deemed to be exceptions to the provisions of Section 203 of the Delaware General Corporation Law, Law and that any other similar “moratorium,” “control share,” “fair price,” “takeover” or “interested stockholder” law does not and will not apply to this Agreement, the acquisition Agreement or exercise of the Warrant by Investor or any of its Affiliates or to any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Investment Agreement (Intervest Bancshares Corp)

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Anti-takeover Provisions Not Applicable. The Board of Directors has taken all necessary action to ensure that the transactions contemplated by this Agreement and any of the transactions contemplated hereby will be deemed to be exceptions to the provisions of Section 203 of the Delaware General Corporation Law, and that any other similar “moratorium,” “control share,” “fair price,” “takeover” or “interested stockholder” law does not and will not apply to this Agreement, the acquisition Agreement or exercise of the Warrant by Investor or any of its Affiliates or to any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Investment Agreement (National City Corp)

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