Common use of Section 203 Exemption Clause in Contracts

Section 203 Exemption. The Board of Directors has adopted this Agreement and the Registration Rights Agreement and the transactions contemplated hereby and thereby in such manner as is sufficient to render the restrictions of Section 203 of the Delaware General Corporations Law inapplicable to the Agreements and all transactions contemplated hereby and thereby.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Tinicum Capital Partners Ii Lp), Stock Purchase Agreement (Transtechnology Corp), Stock Purchase Agreement (Transtechnology Corp)

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Section 203 Exemption. The Board of Directors has adopted this Agreement and the Registration Rights Agreement and the transactions contemplated hereby and thereby in such manner as is sufficient to render the restrictions of Section 203 of the Delaware General Corporations Law inapplicable to the Agreements and all transactions contemplated hereby and thereby.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Neurologix Inc/De), Stock and Warrant Subscription Agreement (Neurologix Inc/De), Stock and Warrant Subscription Agreement (Neurologix Inc/De)

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