Common use of No Ownership of Company Capital Stock Clause in Contracts

No Ownership of Company Capital Stock. Neither Parent, Purchaser nor any of their respective Affiliates is or has been during the past three (3) years an “interested stockholder” of the Company as defined in Section 203 of the DGCL.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cnet Networks Inc), Agreement and Plan of Merger (CBS Corp)

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No Ownership of Company Capital Stock. Neither ParentParent nor Sub, Purchaser nor any of their respective Affiliates Subsidiaries (nor any of their respective “Associates” as defined in Section 203 of the DGCL), is or has been during the past three (3) years an “interested stockholder” of the Company as defined in Section 203 of the DGCL. Neither Parent nor Sub nor any of their respective Subsidiaries is, nor during the two-year period immediately prior to the date of this Agreement has been, the beneficial owner of Company Common Stock representing 10% or more of the outstanding shares of Company Common Stock.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Orbital Atk, Inc.), Agreement and Plan of Merger (Northrop Grumman Corp /De/)

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