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Common use of Takeover Laws and Provisions Clause in Contracts

Takeover Laws and Provisions. The adoption by the board of directors of Parent of this Agreement, the Merger and the other transactions contemplated hereby represent all the action necessary by Parent to render inapplicable to this Agreement, the Merger and the other transactions contemplated hereby, the provisions of any potentially applicable Takeover Statutes, and any potentially applicable provision of the Parent Articles of Incorporation and the Parent Bylaws. No “fair price” Law or similar provision of the Parent Articles of Incorporation or Parent Bylaws is applicable to this Agreement and the transactions contemplated hereby.

Appears in 2 contracts

Samples: Merger Agreement (S&t Bancorp Inc), Merger Agreement (DNB Financial Corp /Pa/)

Takeover Laws and Provisions. The adoption by the board of directors of Parent of this Agreement, the Merger and the other transactions contemplated hereby Transactions represent all the action necessary by Parent to render inapplicable to this Agreement, the Merger and the other transactions contemplated herebyTransactions, the provisions of any potentially applicable Takeover Statutes, and any potentially applicable provision of the Parent Articles of Incorporation and the Parent Bylaws. No “fair price” Law or similar provision of the Parent Articles of Incorporation or Parent Bylaws is applicable to this Agreement and the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Merger Agreement (Park Sterling Corp), Merger Agreement (SOUTH STATE Corp)