Common use of No Short-Form Merger Clause in Contracts

No Short-Form Merger. CGE hereby agrees that until the third anniversary of the Closing Date, CGE agrees to not effect a "short-form" merger in which the shares of Class A Common Stock are converted into the right to receive cash pursuant to Section 253 of the DGCL (or any successor provision thereto) without the approval of a majority of the Independent Directors.

Appears in 5 contracts

Samples: Recapitalization Agreement (Vivendi), Recapitalization Agreement (Compagnie Generale Des Eaux), Recapitalization Agreement (Aqua Alliance Inc)

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