Common use of State Takeover Laws and Charter Provisions Clause in Contracts

State Takeover Laws and Charter Provisions. Assuming the accuracy of the representations and warranties of Parent set forth in Section 5.16 hereof, the Company has taken all necessary action to exempt the transactions contemplated by this Agreement from all applicable state takeover laws and any comparable provisions in the Articles of Incorporation or Bylaws of the Company or any “Rights Agreement,” “Poison Pill” or similar anti-takeover agreement or plan to which the Company or any Subsidiary is a party.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Tower Bancorp Inc), Agreement and Plan of Merger (Susquehanna Bancshares Inc), Agreement and Plan of Merger (Abington Bancorp, Inc./Pa)

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State Takeover Laws and Charter Provisions. Assuming the accuracy of the representations and warranties of Parent set forth in Section 5.16 hereof, the Company has taken all necessary action to exempt the transactions contemplated by this Agreement from all applicable state takeover laws and any comparable provisions in the Articles of Incorporation or Bylaws of the Company or any “Rights Agreement,” “Poison Pill” or similar anti-takeover agreement or plan to which the Company or any Subsidiary is a partyCompany.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Susquehanna Bancshares Inc), Agreement and Plan of Merger (Susquehanna Bancshares Inc), Agreement and Plan of Merger (Community Banks Inc /Pa/)

State Takeover Laws and Charter Provisions. Assuming the accuracy of the representations and warranties of Parent set forth in Section 5.16 5.9 hereof, the Company has taken all necessary action to exempt the transactions contemplated by this Agreement from all applicable state takeover laws Takeover Laws and any comparable provisions in the Articles articles of Incorporation incorporation or Bylaws charter or bylaws of the Company or the Company Bank or any “Rights Agreement,” “Poison Pill” or similar anti-takeover agreement or plan to which the Company or any Subsidiary is a party.the

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Home Bancorp, Inc.), Agreement and Plan of Merger (Gs Financial Corp)

State Takeover Laws and Charter Provisions. Assuming the accuracy of the representations and warranties of Parent set forth in Section 5.16 5.8 hereof, the Company has taken all necessary action to exempt the transactions contemplated by this Agreement from all applicable state takeover laws and any comparable provisions in the Articles of Incorporation or Bylaws of the Company or any “Rights Agreement,” “Poison Pill” or similar anti-takeover agreement or plan to which the Company or any Subsidiary is a partyCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Susquehanna Bancshares Inc), Agreement and Plan of Merger (Susquehanna Bancshares Inc)

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State Takeover Laws and Charter Provisions. Assuming the accuracy of the representations and warranties of Parent set forth in Section 5.16 5.18 hereof, the Company has taken all necessary action to exempt the transactions contemplated by this Agreement from all applicable state takeover laws and any comparable provisions in the Articles of Incorporation or Bylaws of the Company or any “Rights Agreement,” “Poison Pill” or similar anti-takeover agreement or plan to which the Company or any Subsidiary is a partyCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Republic First Bancorp Inc), Agreement and Plan of Merger (Pennsylvania Commerce Bancorp Inc)

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