Common use of Restrictions on Corporate Actions Clause in Contracts

Restrictions on Corporate Actions. (1) From the Effective Date through the two-year anniversary of the Effective Date, the Corporation and its Subsidiaries will not purchase or otherwise acquire any shares of common stock of VMware if such acquisition would cause the common stock of VMware to no longer be publicly traded on a U.S. securities exchange or VMware to no longer be required to file reports under Sections 13 and 15(d) of the Securities Exchange Act of 1934, in each case unless such acquisition of VMware common stock is required in order for VMware to continue to be a member of the affiliated group of corporations filing a consolidated tax return with the Corporation for purposes of Section 1502 of the Internal Revenue Code and the regulations thereunder.

Appears in 4 contracts

Samples: Waiver (Vmware, Inc.), Voting and Support Agreement (Dodge & Cox), Agreement and Plan of Merger (Dell Technologies Inc)

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