Taxpayer Protection Sample Clauses

Taxpayer Protection. Provides that the Secretary may receive warrants, options, preferred stock, debt securities, notes, or other financial instruments issued by recipients of financial assistance to provide appropriate compensation to the federal government. The means will be determined solely by the Secretary.
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Taxpayer Protection. The Secretary shall receive financial instru- ments issued by recipients of financial assist- ance under this section in the same form and amount, and under the same terms and condi- tions, as determined by the Secretary under section 9098 of this title.

Related to Taxpayer Protection

  • Application of Takeover Protections The Company and the Board of Directors have taken all necessary action, if any, in order to render inapplicable any control share acquisition, business combination, poison pill (including any distribution under a rights agreement) or other similar anti-takeover provision under the Company’s certificate of incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers as a result of the Purchasers and the Company fulfilling their obligations or exercising their rights under the Transaction Documents, including without limitation as a result of the Company’s issuance of the Securities and the Purchasers’ ownership of the Securities.

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