Common use of State Takeover Statute Clause in Contracts

State Takeover Statute. The Parent Board has taken all action necessary to render exempt or inapplicable to the Merger and the other Transactions (a) the provisions of the Delaware General Corporation Law and (b) to the extent applicable to Parent, any other Takeover Law. Except as set forth in Section 4.20, no other Takeover Laws are applicable to this Agreement, the Merger or the other Transactions.

Appears in 3 contracts

Sources: Merger Agreement (Arlington Asset Investment Corp.), Merger Agreement (Ellington Financial Inc.), Merger Agreement (Ellington Financial Inc.)

State Takeover Statute. The Parent Board has taken all action necessary to render exempt or inapplicable to the Merger and the other Transactions (a) the provisions of the Delaware General Corporation Law DGCL and (b) to the extent applicable to Parent, any other Takeover Law. Except as set forth in Section 4.20, no other Takeover Laws are applicable to this Agreement, the Merger or the other Transactions.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Evofem Biosciences, Inc.), Agreement and Plan of Merger (Aditxt, Inc.)

State Takeover Statute. The Parent Board has taken all action necessary to render exempt or inapplicable to the Merger and the other Transactions (a) the provisions of the Delaware General Corporation Law DGCL and (b) to the extent applicable to Parent, any other Takeover Law. Except as set forth in Section 4.205.19, no other Takeover Laws are applicable to this Agreement, the Merger or the other Transactions.

Appears in 2 contracts

Sources: Merger Agreement (Evofem Biosciences, Inc.), Merger Agreement (Aditxt, Inc.)

State Takeover Statute. The Parent Board has taken all action necessary to render exempt or inapplicable to the Merger and the other Transactions (a) the anti-takeover provisions of the Delaware General Corporation Law and (b) to the extent applicable to Parent, any other Takeover Law. Except as set forth in Section 4.204.21, no other Takeover Laws are applicable to this Agreement, the Merger or the other Transactions.

Appears in 2 contracts

Sources: Merger Agreement (Great Ajax Corp.), Merger Agreement (Ellington Financial Inc.)