Common use of Charter Provisions Clause in Contracts

Charter Provisions. Each Magna Company shall take all necessary action to ensure that the entering into of this Agreement and the Plan of Merger and the consummation of the Merger and the other transactions contemplated hereby and thereby do not and will not result in the grant of any rights to any Person under the Articles of Incorporation, Bylaws, or other governing instruments of any Magna Company or restrict or impair the ability of UPC or any of its Subsidiaries to vote, or otherwise to exercise the rights of a stockholder with respect to, shares of any Magna Company that may be directly or indirectly acquired or controlled by it.

Charter Provisions. Each Magna Company shall take has taken all necessary action to ensure so that the entering into of this Agreement and the Plan of Merger and the consummation of the Merger and the other transactions contemplated hereby by this Agreement and thereby the Plan of Merger do not and will not result in the grant of any rights to any Person under the Articles of IncorporationCharter, Bylaws, By-laws or other governing instruments of any Magna Company or restrict or impair the ability of UPC or any of its Subsidiaries to vote, or otherwise to exercise the rights of a stockholder shareholder with respect to, shares of any Magna Company that may be directly or indirectly acquired or controlled by it.

Charter Provisions. Each Magna Company shall take has taken all necessary action to ensure so that the entering into of this Agreement and the Plan of Merger and the consummation of the Merger and the other transactions contemplated hereby by this Agreement and thereby the Plan of Merger do not and will not result in the grant of any rights to any Person under the Articles of Incorporation, Bylaws, or other governing instruments of any Magna Company or restrict or impair the ability of UPC or any of its Subsidiaries to vote, or otherwise to exercise the rights of a stockholder with respect to, shares of any Magna Company that may be directly or indirectly acquired or controlled by it.

Charter Provisions. Each Magna Company shall take all necessary action to ensure that the entering into of this Agreement and the Plan of Merger and the consummation of the Merger and the other transactions contemplated hereby and thereby do not and will not result in the grant of any rights to any Person under the Articles of IncorporationCharter, BylawsBy-laws, or other governing instruments of any Magna Company or restrict or impair the ability of UPC or any of its Subsidiaries to vote, or otherwise to exercise the rights of a stockholder shareholder with respect to, shares of any Magna Company that may be directly or indirectly acquired or controlled by it.