Common use of Anti-Takeover Statute Clause in Contracts

Anti-Takeover Statute. If any “fair price”, “moratorium”, “control share acquisition”, “business combination” or other similar antitakeover statute or regulation enacted under U.S. state or federal Laws, including those under the NRS or CGCL, is or may become applicable to this Agreement (including the Mergers and the other transactions contemplated hereby), each of Parent, BioLite, BioKey and each Merger Sub and their respective Board of Directors shall grant all such approvals and take all such actions as are necessary so that such transactions may be consummated as promptly as practicable hereafter on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of such statute or regulation on such transactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American BriVision (Holding) Corp), Agreement and Plan of Merger (American BriVision (Holding) Corp)

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Anti-Takeover Statute. If any “fair price”, ,” “moratorium”, ,” “control share acquisition”, ,” “business combination” or other similar antitakeover statute or regulation enacted under U.S. state any federal, state, local or federal Lawsforeign Laws applicable to the Parties is, including those under the NRS or CGCLwill be, is or may become applicable to this Agreement (including Agreement, the Mergers and or the other transactions contemplated hereby), each of Parentthe Company, BioLitethe Company Board, BioKey and each Merger Sub and their respective Board of Directors Parent and/or the Parent Board, as applicable, shall grant all such approvals and take all such actions within their control as are necessary so that such the transactions contemplated hereby may be consummated as promptly as practicable hereafter on the terms contemplated hereby and shall otherwise act to eliminate or minimize the effects of such statute or regulation on such transactionstransactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rite Aid Corp), Agreement and Plan of Merger (Albertsons Companies, LLC)

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Anti-Takeover Statute. If any “fair price”, “moratorium”, “control share acquisition”, “business combination” or other similar antitakeover statute or regulation enacted under U.S. state or federal Laws, including those under the NRS or CGCLDGCL, is or may become applicable to this Agreement (including the Mergers Merger and the other transactions contemplated hereby), each of Parent, BioLite, BioKey the Company and each Merger Sub and their respective Board of Directors shall grant all such approvals and take all such actions as are necessary so that such transactions may be consummated as promptly as practicable hereafter on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of such statute or regulation on such transactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (National Holdings Corp), Agreement and Plan of Merger (Gilman Ciocia, Inc.)

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