Control Share Acquisition Statute definition

Control Share Acquisition Statute means Subchapter III (entitled Control Beneficial Interest Acquisitions) of the Delaware Statutory Trust Act, 12 Del. C. § 3801, et seq.
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Control Share Acquisition Statute means the Pennsylvania Control Share Acquisition Statute, 15 Pa.C.S. §2561 et seq.
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Control Share Acquisition Statute means the Maryland Control Share Acquisition Act, Subtitle 7 of Title 3 of the MGCL, as amended from time to time, or any successor or similar statute under the MGCL.
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Examples of Control Share Acquisition Statute in a sentence

  • Florida Statute Section 6.07.0902 (Control Share Acquisition Statute) does not apply to the transactions contemplated herein and the Board of Directors of the Company is not required to take any action under the terms thereof.

  • The Ohio Control Share Acquisition Statute does not apply to the execution, delivery and performance of this Agreement or the Option Agreement or the transactions contemplated hereby or thereby.

  • In connection with the foregoing, the Board of Trustees of Buyer has taken such actions and votes as are necessary on its part to render the provisions of the Control Share Acquisition Statute, the Business Combination Statute and all other applicable takeover statutes of the MGCL and any other applicable takeover statutes of any state, inapplicable to this Agreement, the Merger, and the transactions contemplated by this Agreement.

  • Notwithstanding any other provision of the Charter or these bylaws or any contrary provision of law, the Maryland Control Share Acquisition Statute, found in Title 3, Subtitle 7 of the MGCL, as amended from time to time, or any successor statute thereto, shall not apply to any acquisition of shares of stock of the Corporation by any person.

  • No arbitrator functioning under this Step shall have any power to amend, modify or delete any provisions of this Agreement or to circumvent the intent thereof.

  • Alico opted out of Florida's Control-Share Acquisition statute (the "Control Share Acquisition Statute," which is currently cited as Section 607.0902 of the Florida Business Corporation Act) effective July 11, 1988 pursuant to the provisions thereof, and is not, and has not at any time since July 11, 1988 been, subject to the terms of the Control Share Acquisition Statute.

  • Prior to the Closing, the VCIF Board shall take all action necessary to approve and/or exempt any past or future acquisitions of VCIF Shares by Carlyle or any of its Affiliates (including, without limitation, the acquisition of VCIF Shares contemplated pursuant Sections 2.3 and 2.4) so that the Control Share Acquisition Statute and the voting restrictions thereunder do not apply to the voting rights of such VCIF Shares.

  • The Buyer Group Member, by executing this Agreement or otherwise, does not intend to become (a) a member of a “group” as defined under Section 13 of the Securities Exchange Act of 1934 or (b) an “associate” of, or together with any other person, a “Person” within the meaning of the Virginia Control Share Acquisition Statute, Virginia Code Section 13.1-728.1 et.

  • The Company has opted out of the application of the Control Transactions Statute, the Control Share Acquisition Statute and the Disgorgement Statute (Subchapters E, G and H, respectively, of Chapter 25 of the PBCL).

  • Business Combination Statute and Maryland ----------------------------------------------------------------- Control Share Acquisition Statute.