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

No Ownership of Company Common Stock. Neither Parent nor any of its Subsidiaries (including Merger Sub) nor any of Parent’s “affiliates” or “associates” (as such terms are defined in Section 203 of the DGCL and in Article Eleventh of the Company Charter), currently, or at any time in the three (3) years prior to the date of this Agreement, (a) beneficially owns or owned, directly or indirectly, any shares of Company Common Stock or other securities convertible into, exchangeable for or exercisable for shares of Company Common Stock or any securities of any Subsidiary of the Company, (b) has or had any rights to acquire any shares of Company Common Stock except pursuant to this Agreement and (c) is or was an “interested stockholder” of the Company, as such term is defined in Section 203 of the DGCL or Article Eleventh of the Company Charter. There are no voting trusts or other agreements or understandings to which Parent or any of its Subsidiaries is a party with respect to the voting of the capital stock or other equity interest of the Company or any of its Subsidiaries.

Appears in 2 contracts

Samples: Merger Agreement (Parker Hannifin Corp), Merger Agreement (Clarcor Inc.)

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No Ownership of Company Common Stock. Neither Parent nor any of its Subsidiaries (including Merger Sub) nor any of Parent’s “affiliates” or “associates” (as such terms are defined in Section 203 of the DGCL and in Article Eleventh TENTH of the Company CharterCertificate), currently, or at any time in the three (3) years prior to the date of this Agreement, (a) beneficially owns or owned, directly or indirectly, any shares of Company Common Stock or other securities convertible into, exchangeable for or exercisable for shares of Company Common Stock or any securities of any Subsidiary of the Company, (b) has or had any rights to acquire any shares of Company Common Stock except pursuant to this Agreement Agreement, and (c) is or was an “interested stockholder” of the Company, Company (as such term is defined in Section 203 of the DGCL or and Article Eleventh TENTH of the Company CharterCertificate). There are no voting trusts or other agreements or understandings to which Parent or any of its Subsidiaries (including Merger Sub) is a party with respect to the voting of the capital stock or other equity interest of the Company or any of its Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Tivity Health, Inc.)

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No Ownership of Company Common Stock. Neither Parent nor None of Parent, Merger Sub or any of its their Subsidiaries (including Merger Sub) nor any of Parent’s “affiliates” or “associates” (as such terms are defined in Section 203 of the DGCL and in Article Eleventh of the Company Charter), currently, or at any time in the three (3) years prior to the date of this Agreement, (a) Affiliates beneficially owns or ownedowns, directly or indirectly, or is the record holder of, any shares of Company Common Stock or other securities convertible into, exchangeable for or exercisable for shares of Company Common Stock or any securities of any Subsidiary of the CompanyCompany and none of Parent, (b) Merger Sub or any of their Subsidiaries or Affiliates has or had any rights to acquire acquire, hold, vote or dispose of any shares of Company Common Stock except pursuant to this Agreement and (c) is or was an “interested stockholder” of the CompanyVoting Agreements. Other than the Voting Agreements, as such term is defined in Section 203 of the DGCL or Article Eleventh of the Company Charter. There there are no voting trusts or other agreements or understandings to which Parent Parent, Merger Sub or any of its their Subsidiaries or Affiliates is a party with respect to the voting of the capital stock or other equity interest of the Company or any of its Subsidiaries. None of Parent, Merger Sub or any of their Subsidiaries or Affiliates, alone or together with any other Person is, nor at any time during the last five (5) years has it been, an “interested shareholder” of the Company under the TBCA.

Appears in 1 contract

Samples: Merger Agreement (J. Alexander's Holdings, Inc.)

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