Common use of Antitakeover Statute Clause in Contracts

Antitakeover Statute. If any “fair price,” “moratorium,” “control share acquisition” or other form of antitakeover statute or regulation will become applicable to the transactions contemplated hereby, each of the Company, APRO and Burlington and the members of their respective Boards of Directors, if applicable, will grant such approvals and take such actions as are reasonably necessary so that the transactions contemplated hereby may be consummated as promptly as practicable on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of such statute or regulation on the transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (America First Apartment Investors Inc)

Antitakeover Statute. If any “fair price,” “moratorium,” “control share acquisition” or other form of antitakeover statute or regulation will shall become applicable to the transactions contemplated hereby, each of the Company, APRO Company and Burlington Parent and the members of their respective Boards boards of Directors, if applicable, will directors shall grant such approvals and take such actions as are reasonably necessary so that the transactions contemplated hereby may be consummated as promptly as practicable on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of such statute or regulation on the transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (FMFG Ownership, Inc.)

Antitakeover Statute. If any “fair price,” “moratorium,” “control share acquisition” or other form of antitakeover statute or regulation will shall become applicable to the transactions contemplated hereby, each of the Company, APRO Company and Burlington and the members of their respective Boards of Directors, if applicable, will eMerge (including its directors) shall grant such approvals and take such actions as are reasonably necessary so that the transactions contemplated hereby may be consummated as promptly as practicable on the terms contemplated hereby and otherwise act to eliminate or minimize the effects of such statute or regulation on the transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (Emerge Interactive Inc)