Common use of Fair Price Statute Clause in Contracts

Fair Price Statute. (a) If any "fair price" or "control share acquisition" or "anti-takeover" statute, or similar statute or regulations shall become applicable to the transactions contemplated by this Agreement or by the Stockholders Agreement, the Company and the Board of Directors of the Company shall grant such approvals and take such actions as are necessary so that the transactions contemplated hereby and thereby may be consummated as promptly as practicable on the terms contemplated hereby and thereby, and otherwise to minimize the effects of such statute or regulation on the transactions contemplated hereby or thereby.

Appears in 3 contracts

Samples: Merger Agreement (Berg Acquisition Co), Offer to Purchase (Berg Acquisition Co), Merger Agreement (Berg Acquisition Co)

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Fair Price Statute. (a) If any "fair price" or "control share acquisition" or "anti-takeover" statute, or similar statute or regulations shall become applicable to the transactions contemplated by this Agreement or by the Stockholders Agreement, the Company and the Board of Directors of the Company shall grant such approvals and take such actions as are necessary so that the transactions contemplated hereby and thereby may be consummated as promptly as practicable on the terms contemplated hereby and thereby, and otherwise to minimize the effects of such statute or regulation on the transactions contemplated hereby or thereby.

Appears in 2 contracts

Samples: Merger Agreement (Muse John R), Merger Agreement (Berg Electronics Corp /De/)

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Fair Price Statute. (a) If any "fair price," or "control share acquisition" ", or "anti-takeoverbusiness acquisition" statute, statute or other similar statute or regulations regulation shall be or become applicable to the transactions contemplated by this Agreement or by the Stockholders Agreementhereby, the Company and the members of the Board of Directors of the Company shall use their best efforts to grant such approvals and take such actions as are necessary so that the transactions contemplated hereby and thereby may be consummated as promptly as practicable on the terms contemplated hereby and thereby, and otherwise act to minimize the effects of such statute or regulation on the transactions contemplated hereby or therebyhereby.

Appears in 1 contract

Samples: Merger Agreement (Hanger Orthopedic Group Inc)

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