Common use of Takeover Laws and Provisions Clause in Contracts

Takeover Laws and Provisions. No party shall take any action that would cause this Agreement, the Merger or any of the other transactions contemplated by this Agreement to be subject to requirements imposed by any Takeover Statute, and each party shall take all necessary steps within its control to exempt (or ensure the continued exemption of) the Merger and the other transactions contemplated hereby from, or if necessary challenge the validity or applicability of, any applicable Takeover Statute, as now or hereafter in effect. If any Takeover Statute may become, or may purport to be, applicable to the transactions contemplated hereby, each of Parent and the Company will grant such approvals and take such actions as are necessary so that the transactions contemplated by this Agreement may be consummated as promptly as practicable on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of any Takeover Statute on any of the transactions contemplated by this Agreement, including, if necessary, challenging the validity or applicability of any such Takeover Statute.

Takeover Laws and Provisions. No party shall Party will take any action that would cause this Agreement, the Merger or any of the other transactions contemplated by this Agreement Transactions to be subject to requirements imposed by any Takeover Statute, Law and each party shall of them will take all necessary reasonable steps within its control to exempt (or ensure the continued exemption of) the Merger and the other transactions contemplated hereby such Transactions from, or if necessary challenge the validity or applicability of, any applicable Takeover StatuteLaw, as now or hereafter in effect. No Party will take any action that would cause the Transactions not to comply with any Takeover Provisions and each of them will take all reasonable steps within its control to make such Transactions comply with (or continue to comply with) the Takeover Provisions. If any Takeover Statute Law may become, or may purport to be, applicable to the transactions Transactions contemplated hereby, each of Parent and the Company will and Parent shall grant such approvals and take such actions as are reasonably necessary so that the transactions Transactions contemplated by this Agreement hereby may be consummated as promptly as practicable on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of any Takeover Statute such statute or regulation on any of the transactions contemplated by this Agreement, including, if necessary, challenging the validity or applicability of any such Takeover Statutehereby.