Common use of State Takeover Laws Clause in Contracts

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 9 contracts

Samples: Merger Agreement (Carolina Financial Corp), Merger Agreement (Congaree Bancshares Inc), Merger Agreement (Georgia-Carolina Bancshares, Inc)

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State Takeover Laws. Each Seller Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 5 contracts

Samples: Merger Agreement (Charter Financial Corp), Merger Agreement (Charter Financial Corp), Merger Agreement (New Commerce Bancorp)

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable "moratorium,” “" "fair price,” “" "business combination,” “" "control share," or other anti-takeover Laws, (collectively, "Takeover Laws").

Appears in 4 contracts

Samples: Merger Agreement (El Banco Financial Corp), Merger Agreement (Nbog Bancorporation Inc), Merger Agreement (Seacoast Banking Corp of Florida)

State Takeover Laws. Each Seller Except as disclosed in Section 5.23 of the Buyer Disclosure Memorandum, each Buyer Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 2 contracts

Samples: Merger Agreement (American Community Bancshares Inc), Merger Agreement (Yadkin Valley Financial Corp)

State Takeover Laws. Each Except as disclosed in Section 4.23 of the Seller Disclosure Memorandum, each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 2 contracts

Samples: Merger Agreement (Yadkin Valley Financial Corp), Merger Agreement (American Community Bancshares Inc)

State Takeover Laws. Each Seller Cornerstone Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, Laws (collectively, “Takeover Laws”).

Appears in 2 contracts

Samples: Merger Agreement (First Community Corp /Sc/), Merger Agreement (First Community Corp /Sc/)

State Takeover Laws. Each Seller FFC Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, Laws (collectively, “Takeover Laws”).

Appears in 2 contracts

Samples: Merger Agreement (Frontier Financial Corp /Wa/), Merger Agreement (SP Acquisition Holdings, Inc.)

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combinationsupermajority shareholder approval,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”), including Articles 9 and 9A of the NCBCA.

Appears in 2 contracts

Samples: Merger Agreement (TSB Financial CORP), Merger Agreement (SCBT Financial Corp)

State Takeover Laws. Each Seller Entity has taken The Company and each of the Owners shall take ------------------- all necessary action, if any, steps to exempt the transactions contemplated by this Agreement Transactions from, or if necessary to challenge the validity or applicability of, any applicable "moratorium,” “" "fair price,” “" "business combination,” “" "control share," or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Transfer Agreement (Premiere Technologies Inc)

State Takeover Laws. Each Prior to Closing, each Seller Entity has will have taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement fromfrom or, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, Laws (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Share Exchange Agreement (First Security Group Inc/Tn)

State Takeover Laws. Each Seller Entity Buyer has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, of any applicable “moratorium,” “fair price,” “business combination,” ”, “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Merger Agreement (BNC Bancorp)

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State Takeover Laws. Each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” “interested shareholders” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Merger Agreement (Amalgamated Financial Corp.)

State Takeover Laws. Each Seller Entity has taken shall take all necessary action, if any, steps to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Merger Agreement (Charter Financial Corp)

State Takeover Laws. Each Seller Entity The Company has taken all necessary actionaction to comply with or, if anyapplicable, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Merger Agreement (Solar Power, Inc.)

State Takeover Laws. Each Seller Futurus Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, including Parts 2 and 3 of Article 11 of the GBCC (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Crescent Banking Co)

State Takeover Laws. Each Seller Entity Buyer has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, of any applicable “moratorium,” ”, “fair price,” ”, “business combination,” ”, “control share,” ”, or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Merger Agreement (BNC Bancorp)

State Takeover Laws. Each Seller Company Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, including Section 203 of the DGCL (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Merger Agreement (Indus International Inc)

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