Common use of Corporate Authority; Non-contravention Clause in Contracts

Corporate Authority; Non-contravention. (i) T-Mobile has all requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement and, subject only to the T-Mobile Stockholder Approval, to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by T-Mobile and the consummation by T-Mobile of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of T-Mobile, subject, in the case of the T-Mobile Share Issuance and the T-Mobile Charter Amendment, to the T-Mobile Stockholder Approval, and in the case of the Merger Transactions, to the adoption of this Agreement by the sole stockholder of Merger Sub and the sole member of Merger Company pursuant to Section 6.18. The Board of Directors of T-Mobile (at a meeting duly called and held) has, by the unanimous vote of all directors of T-Mobile, duly adopted resolutions: (A) approving and declaring advisable this Agreement and the transactions contemplated by this Agreement, including the Merger Transactions, the T-Mobile Charter Amendment and the T-Mobile Share Issuance, on the terms and subject to the conditions set forth in this Agreement, (B) determining that this Agreement and the transactions contemplated by this Agreement, including the Merger Transactions, the T-Mobile Charter Amendment and the T-Mobile Share Issuance, are fair to, and in the best interests of, T-Mobile and the stockholders of T-Mobile, (C) recommending the approval of the T-Mobile Charter Amendment and the T-Mobile Share Issuance to the stockholders of T-Mobile (the “T-Mobile Board Recommendation”) and (D) directing that the T-Mobile Charter Amendment and the T-Mobile Share Issuance be submitted to the stockholders of T-Mobile for approval, which resolutions have not been rescinded, modified or withdrawn in any way as of the date of this Agreement. A committee of the Board of Directors of T-Mobile consisting solely of independent directors of T-Mobile (the “T-Mobile Independent Committee”) (at a meeting duly called and held) has, by unanimous vote, duly adopted resolutions: (A) determining that entering into this Agreement and consummating the transactions contemplated hereby, including the Merger Transactions, the T-Mobile Charter Amendment and the T-Mobile Share Issuance, are advisable and fair to, and in the best interests of, all of the stockholders of T-Mobile (including such stockholders other than DT and its affiliates (other than T-Mobile and its subsidiaries)), and (B) recommending the submission of this Agreement to the full Board of Directors of T-Mobile and the approval of this Agreement and the transactions contemplated hereby, including the Merger Transactions, the T-Mobile Charter Amendment and the T-Mobile Share Issuance, by the full Board of Directors of T-Mobile. This Agreement has been duly executed and delivered by T-Mobile and, assuming the due authorization, execution and delivery of this Agreement by the other parties hereto, constitutes the legal, valid and binding obligation of T-Mobile, enforceable against T-Mobile in accordance with its terms, except that such enforcement may be subject to the Enforceability Exceptions. (ii) The execution and delivery of this Agreement does not, and the consummation of the transactions contemplated hereby and compliance with the provisions of this Agreement shall not, conflict with, or result in any violation or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of any obligation or loss of a benefit under, or result in the creation of any Liens upon any of the properties or assets of T-Mobile or any of its subsidiaries under, (A) the T-Mobile Certificate of Incorporation or the Bylaws of T-Mobile or the comparable organizational documents of any of its subsidiaries, (B) any loan or credit agreement, note, bond, mortgage, indenture, trust document, lease or other agreement, instrument, permit, concession, franchise, license or similar authorization to which T-Mobile or any of its subsidiaries is a party or by which T-Mobile, any of its subsidiaries or their respective properties or assets may be bound or (C) subject to the governmental filings and other matters referred to in Section 4.2(b)(iii), any judgment, order, decree, statute, law, ordinance, rule or regulation applicable to T-Mobile or any of its subsidiaries or their respective properties or assets, other than, in the case of clauses (A) (with respect to the certificate of incorporation and bylaws or comparable organizational documents of T-Mobile’s subsidiaries), (B) and (C), any such conflicts, violations, defaults, rights, losses or Liens that, individually or in the aggregate, would not reasonably be expected to (1) have a Material Adverse Effect on T-Mobile or (2) prevent or materially delay the consummation of any of the transactions contemplated hereby. (iii) No consent, approval, order or authorization of, action by or in respect of, or registration, declaration or filing with, any Governmental Entity is required by or with respect to T-Mobile or any of its subsidiaries in connection with the execution and delivery of this Agreement by T-Mobile or the consummation by T-Mobile of the transactions contemplated hereby, except for (A) compliance with any applicable requirements of the HSR Act, and with any other applicable Antitrust Laws, (B) compliance with any applicable requirements of the Communications Act, (C) pursuant to any applicable Laws of any PUCs or any similar foreign public utility bodies regulating telecommunications businesses, (D) pursuant to Section 721, (E) pursuant to the Securities Act and the Exchange Act, (F) pursuant to the DGCL, (G) in accordance with the rules and policies of the NYSE and NASDAQ, (H) such filings with DSS as are necessary to comply with the NISPOM and (I) such other consents, approvals, orders or authorizations the failure of which to be made or obtained, individually or in the aggregate, would not reasonably be expected to (1) have a Material Adverse Effect on T-Mobile or (2) prevent or materially delay the consummation of any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Business Combination Agreement (T-Mobile US, Inc.), Business Combination Agreement (SPRINT Corp)

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Corporate Authority; Non-contravention. (i) T-Mobile OPCH has all requisite corporate power and authority to executeenter into this Agreement and the Merger Sub Stockholder Approval and, deliver and subject to the OPCH Stockholder Approvals, to perform its obligations under this Agreement and, subject only to the T-Mobile Stockholder Approval, hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by T-Mobile OPCH, the performance by OPCH of its obligations hereunder and the consummation by T-Mobile OPCH of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of T-MobileOPCH, subject, in the case of the T-Mobile OPCH Share Issuance and the T-Mobile OPCH Charter Amendment, to the T-Mobile OPCH Stockholder Approval, and in the case of the Merger Transactions, to the adoption of this Agreement by the sole stockholder of Merger Sub and the sole member of Merger Company pursuant to Section 6.18Approvals. The Board of Directors of T-Mobile OPCH (at a meeting duly called and held) has, by the unanimous majority vote of all directors of T-MobileOPCH, duly adopted resolutions: (A) approving approved and declaring declared advisable this Agreement and the transactions contemplated by this Agreement, including the Merger TransactionsMerger, the T-Mobile Charter Amendment OPCH Share Issuance and the T-Mobile Share IssuanceOPCH Charter Amendment, on the terms and subject to the conditions set forth in this Agreement, (B) determining determined that this Agreement and the transactions contemplated by this Agreement, including the Merger TransactionsMerger, the T-Mobile OPCH Share Issuance and the OPCH Charter Amendment and the T-Mobile Share Issuance, are fair to, and in the best interests of, T-Mobile OPCH and the stockholders of T-MobileOPCH, (C) recommending resolved to recommend the approval of the T-Mobile OPCH Share Issuance and the adoption of the OPCH Charter Amendment and the T-Mobile Share Issuance to the stockholders of T-Mobile (OPCH, on the “T-Mobile Board Recommendation”) terms and subject to the conditions set forth in this Agreement, and (D) directing directed that the T-Mobile OPCH Share Issuance and the OPCH Charter Amendment and the T-Mobile Share Issuance be submitted to the stockholders of T-Mobile OPCH for approvalapproval or adoption, which respectively, at the OPCH Stockholders Meeting, and, except to the extent expressly permitted pursuant to Section 5.3(b) and Section 5.3(d), such resolutions have not been rescinded, modified or withdrawn in any way as of the date of this Agreement. A committee of the Board of Directors of T-Mobile consisting solely of independent directors of T-Mobile (the “T-Mobile Independent Committee”) (at a meeting duly called and held) has, by unanimous vote, duly adopted resolutions: (A) determining that entering into this Agreement and consummating the transactions contemplated hereby, including the Merger Transactions, the T-Mobile Charter Amendment and the T-Mobile Share Issuance, are advisable and fair to, and in the best interests of, all of the stockholders of T-Mobile (including such stockholders other than DT and its affiliates (other than T-Mobile and its subsidiaries)), and (B) recommending the submission of this Agreement to the full Board of Directors of T-Mobile and the approval of this Agreement and the transactions contemplated hereby, including the Merger Transactions, the T-Mobile Charter Amendment and the T-Mobile Share Issuance, by the full Board of Directors of T-Mobileway. This Agreement has been duly executed and delivered by T-Mobile OPCH and, assuming the due authorization, execution and delivery of this Agreement by the other parties heretoAmedisys, constitutes the legal, valid and binding obligation of T-MobileOPCH, enforceable against T-Mobile OPCH in accordance with its terms, except that such enforcement may be subject to for the Enforceability Exceptions. (ii) The execution and delivery of this Agreement does not, and the consummation of the transactions contemplated hereby and compliance with the provisions of this Agreement shall not, conflict with, or result in any violation of, or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of any obligation or loss of a benefit under, or result in the creation of any Liens upon any of the properties or assets of T-Mobile OPCH or any of its subsidiaries under, (A) the T-Mobile Certificate of Incorporation of OPCH or the Bylaws of T-Mobile OPCH or the comparable organizational documents of any of its subsidiaries, (B) any loan or credit agreement, note, bond, mortgage, indenture, trust document, lease or other agreement, instrument, permit, concession, franchise, license or similar authorization to which T-Mobile OPCH or any of its subsidiaries is a party or by which T-MobileOPCH, any of its subsidiaries or their respective properties or assets may be bound or (C) subject to the governmental filings and other matters referred to in Section 4.2(b)(iii), any judgment, order, decree, statute, law, ordinance, rule or regulation applicable to T-Mobile OPCH or any of its subsidiaries or their respective properties or assets, other than, in the case of clauses (A) (solely with respect to the certificate of incorporation and bylaws or comparable organizational documents of T-MobileOPCH’s subsidiaries), (B) and (C), any such conflicts, violations, defaults, rights, losses or Liens that, individually or in the aggregate, would not reasonably be expected to (1) have a Material Adverse Effect on T-Mobile OPCH or (2) prevent prevent, materially impair or materially delay the consummation ability of OPCH to consummate any of the transactions contemplated hereby. (iii) No consent, approval, order or authorization of, action by or in respect of, or registration, declaration or filing with, any Governmental Entity is required by or with respect to T-Mobile OPCH or any of its subsidiaries in connection with the execution and delivery of this Agreement by T-Mobile OPCH, the performance by OPCH of its obligations hereunder or the consummation by T-Mobile OPCH of the transactions contemplated hereby, except for (A) compliance with any applicable requirements of the HSR Act, and with any other applicable Antitrust Laws, (B) compliance the filing or submission with any applicable requirements the SEC, and in the case of clause (2), effectiveness, of (1) a proxy statement relating to the OPCH Stockholders Meeting, (2) the Form S-4 to be filed with the SEC by OPCH in connection with the issuance of shares of OPCH Share Issuance and (3) such reports under Section 13(a) or 15(d) of the Communications ActExchange Act as may be required in connection with this Agreement and the transactions contemplated hereby, (C) pursuant the filing of the Certificate of Merger with the Secretary of State of the State of Delaware and appropriate documents with the relevant authorities of other states in which OPCH or its subsidiaries are qualified to any applicable Laws of any PUCs or any similar foreign public utility bodies regulating telecommunications businessesdo business, (D) pursuant such filings with and approvals of the NASDAQ to Section 721permit the shares of OPCH Common Stock that are to be issued in the Merger to be listed on the NASDAQ, (E) pursuant to the Securities Act approvals, orders or authorizations set forth in Section 4.2(b)(iii) of the OPCH Disclosure Letter and the Exchange Act, (F) pursuant to the DGCL, (G) in accordance with the rules and policies of the NYSE and NASDAQ, (H) such filings with DSS as are necessary to comply with the NISPOM and (I) such other consents, approvals, orders or authorizations the failure of which to be made or obtained, individually or in the aggregate, would not reasonably be expected to (1) have a Material Adverse Effect on T-Mobile OPCH or (2) prevent prevent, materially impair or materially delay the consummation ability of OPCH to consummate any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Merger Agreement (Amedisys Inc), Merger Agreement (Option Care Health, Inc.)

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