Common use of Certain Statutes Clause in Contracts

Certain Statutes. The Board of Directors of MeriStar or any MeriStar Subsidiary has taken or will take all appropriate and necessary actions to ensure that the restrictions on business combinations in Section 203 of the DGCL will not have any effect on the Merger or the other transactions contemplated by this Agreement. No "fair price," "moratorium," "control share acquisition" or other similar state or federal anti-takeover statute or regulation (each a "Takeover Statute") is, as of the date of this Agreement, applicable to the Merger or such other transactions.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (American Skiing Co /Me), Agreement and Plan of Merger (Oak Hill Capital Partners L P), Agreement and Plan of Merger (Meristar Hotels & Resorts Inc)

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Certain Statutes. The Board of Directors of MeriStar or any MeriStar Subsidiary has taken or will take all appropriate and necessary actions to ensure that the restrictions on business combinations in Section 203 of the DGCL will not have any effect on the Merger or the other transactions contemplated by this Agreement. No "fair price," "moratorium," "control share acquisition" or other similar state or federal anti-takeover statute or regulation (each a "Takeover Statute") Statute is, as of the date of this Agreement, applicable to the Merger or such other transactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Meristar Hotels & Resorts Inc)

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