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Common use of Takeover Laws and Provisions Clause in Contracts

Takeover Laws and Provisions. No party hereto shall take any action that would cause the transactions contemplated by this Plan to be subject to requirements imposed by any Takeover Law and each of them shall take all necessary steps within its control to exempt (or ensure the continued exemption of) the transactions contemplated by this Plan from, or if necessary challenge the validity or applicability of, any applicable Takeover Law, as now or hereafter in effect. No party hereto shall take any action that would cause the transactions contemplated by this Plan not to comply with any Takeover Provisions and each of them shall take all necessary steps within its control to make the transactions contemplated by this Plan comply with (or continue to comply with) the Takeover Provisions.

Appears in 8 contracts

Samples: Merger Agreement (M&t Bank Corp), Merger Agreement (Riggs National Corp), Merger Agreement (Sterling Financial Corp /Pa/)

Takeover Laws and Provisions. No party hereto shall knowingly take any action that would cause the transactions contemplated by this Plan Agreement to be subject to requirements imposed by any Takeover Law and each of them shall take all necessary steps within its control to exempt (or ensure the continued exemption of) the transactions contemplated by this Plan Agreement from, or if necessary challenge the applicability or validity or applicability of, any purportedly applicable Takeover Law, as now or hereafter in effect. No party hereto shall knowingly take any action that would cause the transactions contemplated by this Plan hereby not to comply with any Takeover Provisions and each of them shall take all necessary steps within its control to make the those transactions contemplated by this Plan comply with (or continue to comply with) the Takeover Provisions.

Appears in 2 contracts

Samples: Merger Agreement (Flag Financial Corp), Merger Agreement (Alabama National Bancorporation)

Takeover Laws and Provisions. No party hereto shall take any action that would cause the transactions contemplated by this Plan Agreement or the Option Agreements to be subject to requirements imposed by any Takeover Law and each of them shall take all necessary steps within its control to exempt (or ensure the continued exemption of) the transactions contemplated by this Plan Agreement from, or if necessary challenge the validity or applicability of, any applicable Takeover Law, as now or hereafter in effect. No party hereto shall take any action that would cause the transactions contemplated by this Plan Agreement or the Option Agreements not to comply with any Takeover Provisions and each of them shall take all necessary steps within its control to make the transactions contemplated by this Plan Agreement or the Options Agreements comply with (or continue to comply with) the Takeover Provisions.

Appears in 1 contract

Samples: Merger Agreement (Amsouth Bancorporation)