Common use of State Anti-Takeover Law Clause in Contracts

State Anti-Takeover Law. If any "business combination," "moratorium," "control share," "fair price," "interested shareholder," "affiliated transaction" or other anti-takeover statute or regulation under the FBCA (i) prohibits or restricts Ensec's ability to perform its obligations under this Agreement or any party's ability to consummate the Ensec Merger or the other transactions contemplated hereby or thereby, or (ii) would have the effect of invalidating or voiding this Agreement or any provision hereof, then Ensec shall use its best efforts to obtain any necessary consents or approvals so that the foregoing shall not apply.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Global Security Technologies Inc), Agreement and Plan of Merger (Sentech Eas Corp /Fl), Agreement and Plan of Merger (Ensec International Inc)

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State Anti-Takeover Law. If any "business combination," "moratorium," "control share," "fair price," "interested shareholder," "affiliated transaction" or other anti-takeover statute or regulation under the FBCA (i) prohibits or restricts EnsecSentech's ability to perform its obligations under this Agreement or any party's ability to consummate the Ensec Sentech Merger or the other transactions contemplated hereby or thereby, or (ii) would have the effect of invalidating or voiding this Agreement or any provision hereofhereof or thereof, then Ensec Sentech shall use its best efforts to obtain any necessary consents or approvals so that the foregoing shall not apply.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Global Security Technologies Inc), Agreement and Plan of Merger (Sentech Eas Corp /Fl), Agreement and Plan of Merger (Ensec International Inc)

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State Anti-Takeover Law. If any "business combination," "” “moratorium," "” “control share," "” “fair price," "” “interested shareholder," "” “affiliated transaction" or other anti-takeover statute or regulation under the FBCA (i) prohibits or restricts EnsecUniverCell's ability to perform its obligations under this Agreement or any partyParty's ability to consummate the Ensec Merger or the other transactions Transactions contemplated hereby or thereby, or (ii) would have the effect of invalidating or voiding this Agreement or any provision hereof, then Ensec UniverCell shall use its best efforts to obtain any necessary consents or approvals so that the foregoing shall not apply.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Univercell Holdings Inc), Agreement and Plan of Merger (Univercell Holdings Inc)

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