Common use of Merger Without Meeting of Stockholders Clause in Contracts

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 4 contracts

Samples: Merger Agreement (Complete Genomics Inc), Merger Agreement (Complete Genomics Inc), Merger Agreement (Imclone Systems Inc)

AutoNDA by SimpleDocs

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of recordown, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 3 contracts

Samples: Merger Agreement, Merger Agreement (Allergan Inc), Merger Agreement (MAP Pharmaceuticals, Inc.)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.62.3, if after the Share Acceptance Time and, if applicable, the expiration of any “subsequent offering period” Subsequent Offering Period provided by the Purchaser in accordance with this Agreement and or the Purchaser’s exercise of the Top-Up Option, the Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable practicable, but no later than the time set forth in Section 2.2, without a meeting of stockholders of the Company Stockholders in accordance with Section 253 of the DGCL.

Appears in 3 contracts

Samples: Merger Agreement (COV Delaware Corp), Merger Agreement (Ev3 Inc.), Merger Agreement (Covidien PLC)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.65.2, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold holds of record, in the aggregate, record at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption approval of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 2 contracts

Samples: Merger Agreement (Interclick, Inc.), Merger Agreement (Yahoo Inc)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.66.5, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser Parent in accordance with this Agreement and the exercise of the Top-Up Option, the Parent and the Purchaser shall then hold of recordown, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company that, absent Section 253 of the DGCL, would be entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties Parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders meeting, vote or consent of the Company Stockholders in accordance with Section 253 of the DGCL.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Insite Vision Inc), Merger Agreement (Insite Vision Inc)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and and, if applicable, the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares (including the issuance of any Top-Up Shares) of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable practicable, but no later than the time set forth in Section 1.5, without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 2 contracts

Samples: Merger Agreement (Advanced Medical Optics Inc), Merger Agreement (Abbott Laboratories)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and and, if applicable, the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least ninety percent (90% %) of the outstanding shares (including the issuance of any Top-Up Shares) of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable practicable, but no later than the time set forth in Section 1.5, without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 2 contracts

Samples: Merger Agreement (Monterey Gourmet Foods), Merger Agreement (Pulmuone Cornerstone Corp)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.65.2, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, holds at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption approval of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 2 contracts

Samples: Merger Agreement (Integrated Device Technology Inc), Merger Agreement (PLX Technology Inc)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and and, if applicable, the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law Shares (the “Short Form Threshold”), the parties hereto agree to take all reasonably necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 1 contract

Samples: Merger Agreement (Sybase Inc)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and and, if applicable, the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law Shares (the Short Form Threshold), the parties hereto agree to take all reasonably necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 1 contract

Samples: Merger Agreement (SuccessFactors, Inc.)

AutoNDA by SimpleDocs

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.65.2, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold holds of record, in the aggregate, record at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption approval of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 92A.180 of the DGCLNRS.

Appears in 1 contract

Samples: Merger Agreement (Global Traffic Network, Inc.)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6Sections 6.2 and 6.3, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser Acquisition Sub in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser Acquisition Sub shall then hold of record, in the aggregate, own at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 1 contract

Samples: Merger Agreement (Protection One Inc)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.62.3, if after the Share Acceptance Time and, if applicable, the expiration of any “subsequent offering period” Subsequent Offering Period provided by the Purchaser in accordance with this Agreement and or the Purchaser’s exercise of the Top-Up Option, the Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable practicable, but no later than the time set forth in Section 2.2, without a meeting of stockholders of the Company Stockholders in accordance with Section 253 10-5(1) of the DGCLNJBCA.

Appears in 1 contract

Samples: Merger Agreement (Epolin Inc /Nj/)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.6, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable after the satisfaction or waiver of all of the conditions to Closing set forth in Article 6 and without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Microfluidics International Corp)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.65.3, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of recordown, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company that, absent Section 267 of the DGCL, would be entitled to vote on the adoption of this Agreement under applicable Law (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting meeting, vote or consent of stockholders of the Company in accordance with Section 253 267 of the DGCL.

Appears in 1 contract

Samples: Merger Agreement (Buckeye Technologies Inc)

Merger Without Meeting of Stockholders. Notwithstanding the terms of Section 1.61.5, if after the Acceptance Time and, if applicable, the expiration of any “subsequent offering period” provided by the Purchaser in accordance with this Agreement and and/or the exercise of the Top-Up Option, Parent and the Purchaser shall then hold of record, in the aggregate, at least 90% of the outstanding shares of each class of capital stock of the Company entitled to vote on the adoption of this Agreement under applicable Law Shares (the “Short Form Threshold”), the parties hereto agree to take all necessary and appropriate action to cause the Merger to become effective as promptly as practicable without a meeting of stockholders of the Company in accordance with Section 253 of the DGCL.

Appears in 1 contract

Samples: Merger Agreement (PharmaNet Development Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!