Common use of Anti-takeover Terms Clause in Contracts

Anti-takeover Terms. No claim will be made or enforced by the Company or, with the consent of the Company, any other Person, that any Purchaser is an “interested stockholder” under Section 203 of the Delaware General Corporation Law or that any Purchaser could be deemed to trigger the provisions of any poison pill or anti-takeover plan or arrangement, to the extent solely by virtue of receiving the Shares or the Conversion Shares under the Transaction Documents.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Catabasis Pharmaceuticals Inc), Agreement and Plan of Merger (Novus Therapeutics, Inc.), Stock Purchase Agreement (Novus Therapeutics, Inc.)

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Anti-takeover Terms. No claim will be made or enforced by the Company or, with the consent of the Company, any other Person, that any the Purchaser is an “interested stockholder” under Section 203 of the Delaware General Corporation Law or that any the Purchaser could be deemed to trigger the provisions of any poison pill or anti-takeover plan or arrangement, to the extent solely by virtue of receiving the Shares or the Conversion Shares under the Transaction Documents.

Appears in 2 contracts

Samples: Stock Purchase Agreement (CohBar, Inc.), Agreement and Plan of Merger (CohBar, Inc.)

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Anti-takeover Terms. No claim will be made or enforced by the Company or, with the consent of the Company, any other Person, that any Purchaser is an “interested stockholder” under Section 203 of the Delaware General Corporation Law or that any Purchaser could be deemed to trigger the provisions of any poison pill or anti-takeover plan or arrangement, to the extent solely by virtue of receiving the Shares or the Conversion Shares Securities under the Transaction Documents.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Aileron Therapeutics Inc)

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