Common use of Application of Takeover Protections Clause in Contracts

Application of Takeover Protections. The Company and its 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.

Appears in 72 contracts

Sources: Securities Purchase Agreement (Isonics Corp), Securities Purchase Agreement (Summus Inc Usa), Securities Purchase Agreement (Analytical Surveys Inc)

Application of Takeover Protections. The Company and its 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.

Appears in 62 contracts

Sources: Securities Purchase Agreement (Cyberkinetics Neurotechnology Systems, Inc.), Securities Purchase Agreement (Raser Technologies Inc), Securities Purchase Agreement (DDS Technologies Usa Inc)

Application of Takeover Protections. The Company and its 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 ’s Amended and Restated Memorandum and Articles of Incorporation Association, as amended from time to time (or similar charter documents) ), or the laws of the jurisdiction 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 ’s issuance of the Securities and the Purchasers' ownership of the Securities.

Appears in 15 contracts

Sources: Securities Purchase Agreement (CCSC Technology International Holdings LTD), Securities Purchase Agreement (Neo-Concept International Group Holdings LTD), Securities Purchase Agreement (Vs MEDIA Holdings LTD)

Application of Takeover Protections. The Company and its Board of Directors have has 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.

Appears in 6 contracts

Sources: Securities Purchase Agreement (Smartserv Online Inc), Securities Purchase Agreement (Peregrine Pharmaceuticals Inc), Securities Purchase Agreement (Peregrine Pharmaceuticals Inc)

Application of Takeover Protections. The Company and its 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 the state of the Company's incorporation that and such other state, to the extent allowed under such state law, if any, where the Company conducts its principal operation which is or could become applicable to the Purchasers Buyer as a result of the Purchasers and the Company fulfilling their obligations or exercising their rights under the Transaction Documentstransactions contemplated by this Agreement, including including, without limitation as a result of limitation, the Company's issuance of the Securities and the Purchasers' Buyer's ownership of the Securities.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Global Telephone Communication Inc /Nv/), Securities Purchase Agreement (U S Trucking Inc), Securities Purchase Agreement (Altair International Inc)

Application of Takeover Protections. The Except as set forth in the Registration Statement, the Company and its 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 ’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 ’s issuance of the Securities and the Purchasers' ownership of the Securities.

Appears in 4 contracts

Sources: Placement Agent Agreement (Adventrx Pharmaceuticals Inc), Placement Agent Agreement (Adventrx Pharmaceuticals Inc), Placement Agent Agreement (Adventrx Pharmaceuticals Inc)

Application of Takeover Protections. The Company and its Board board of Directors 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 certificate of Incorporation 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.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Towerstream Corp), Securities Purchase Agreement (Intraop Medical Corp), Securities Purchase Agreement (HanKersen International Corp.)

Application of Takeover Protections. The Company and its 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 antitakeover provision under the Company's ’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 Buyers as a result of the Purchasers Buyers and the Company fulfilling their obligations or exercising their rights under the Transaction Documents, including without limitation as a result of the Company's ’s issuance of the Securities and the Purchasers' Buyers’ ownership of the Securities.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Alternative Construction Company, Inc.), Securities Purchase Agreement (Avicena Group, Inc.), Securities Purchase Agreement (Alternative Construction Company, Inc.)

Application of Takeover Protections. The Company and its the Board of Directors have has taken all necessary action, if any, action in order to render inapplicable any control share acquisition, business combinationcombination (as defined in the DGCL), poison pill (including any distribution under a rights agreement) or other similar anti-takeover provision under the Company's Certificate ’s certificate of Incorporation incorporation (or similar charter documents) or the laws of its state Delaware, including under Section 203(a)(1) of incorporation the DGCL that is are 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 ’s issuance of the Securities and the Purchasers' ownership of the Securities.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Conversion Labs, Inc.), Securities Purchase Agreement (Immudyne, Inc.), Securities Purchase Agreement (XpresSpa Group, Inc.)

Application of Takeover Protections. The Company and its 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 or any agreement to which the Company is a party 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.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Empire Resorts Inc), Securities Purchase Agreement (Chromavision Medical Systems Inc)

Application of Takeover Protections. The Company and its 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 Articles of Incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers participating in such Closing 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 Warrant Shares upon the Purchasers' ownership Purchaser's exercise of the Securitiesany Warrant being issued to such Purchaser hereunder.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Microislet Inc), Securities Purchase Agreement (Microislet Inc)

Application of Takeover Protections. The Company and its 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 Debentures and Additional Investment Rights and the Purchasers' ownership of the SecuritiesDebentures and Additional Investment Rights.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Able Energy Inc), Securities Purchase Agreement (Able Energy Inc)

Application of Takeover Protections. The Company and its 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 Articles 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 Investor Securities.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Miv Therapeutics Inc), Securities Purchase Agreement (Miv Therapeutics Inc)

Application of Takeover Protections. The Company and its 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 Articles 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.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Morgan Beaumont Inc), Securities Purchase Agreement (Morgan Beaumont Inc)

Application of Takeover Protections. The Company and its 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 certificate of Incorporation 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.

Appears in 1 contract

Sources: Securities Purchase Agreement (Gammacan International Inc)

Application of Takeover Protections. The Company and its 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 articles or certificate of Incorporation incorporation (or similar charter documents) or the laws of its state jurisdiction 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.

Appears in 1 contract

Sources: Securities Purchase Agreement (North American Palladium LTD)

Application of Takeover Protections. The Company and its 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 certificate of Incorporation incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers Purchaser as a result of the Purchasers Purchaser 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' Purchaser ownership of the Securities.

Appears in 1 contract

Sources: Security Purchase and Tender Offer Agreement (General Employment Enterprises Inc)

Application of Takeover Protections. The Company and its 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 Debentures and the Purchasers' ownership of the Securities.

Appears in 1 contract

Sources: Securities Purchase Agreement (Diomed Holdings Inc)

Application of Takeover Protections. The Company and its 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 Articles of Incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers participating in such Closing 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 at such Closing and the Purchasers' ownership of the such Securities.

Appears in 1 contract

Sources: Securities Purchase Agreement (Microislet Inc)

Application of Takeover Protections. The Company and its 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 Articles of Incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers Investors as a result of the Purchasers Investors and the Company fulfilling their obligations or exercising their rights under this Agreement and the Transaction DocumentsWarrants, including without limitation as a result of the Company's issuance of the Securities and the PurchasersInvestors' ownership of the Securities.

Appears in 1 contract

Sources: Securities Purchase Agreement (Lexington Resources Inc)