Common use of Ownership of Company Common Shares Clause in Contracts

Ownership of Company Common Shares. As of the date hereof, neither Purchaser nor any of its affiliates (a) is a party to any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of, any Company Common Shares, (b) is now, or at any time within the last three years has been, an “interested shareholder”, as such term is defined in Section 1704.01 of the Ohio General Corporation Law, or (c) is a “Controlling Person” as such term is defined in Article TENTH of the Company Articles.

Appears in 2 contracts

Samples: Merger Agreement (Emclaire Financial Corp), Merger Agreement (Emclaire Financial Corp)

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Ownership of Company Common Shares. As of the date hereof, neither Purchaser nor any of its affiliates (a) is a party to any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of, any Company Common Shares, (b) is now, or at any time within the last three years has been, an “interested shareholder”, as such term is defined in Section 1704.01 of the Ohio General Corporation LawOGCL, or (c) is a “Controlling Person” as such term is defined in Article TENTH of the Company Articles.

Appears in 2 contracts

Samples: Merger Agreement (Cortland Bancorp Inc), Merger Agreement (Farmers National Banc Corp /Oh/)

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