Examples of Takeover in a sentence
No restrictions on “business combinations” set forth in any Takeover Statutes are applicable to this Agreement, the Mergers or the other Transactions.
Neither PIF nor SLIC will take any action that would cause the Transactions to be subject to requirements imposed by any Takeover Statutes.
Each of PIF and SLIC shall take all necessary steps within its control to exempt (or ensure the continued exemption of) those Transactions from, or if necessary, challenge the validity or applicability of, any applicable Takeover Statute, as now or hereafter in effect.
Assuming the accuracy of the representations and warranties contained in Section 7.9, the Parent Board has taken such actions as are necessary such that the restrictions imposed on business combinations by Section 203 of the DGCL are inapplicable to this Agreement and no Takeover Laws, other than Section 203 of the DGCL, are applicable to this Agreement or the transactions contemplated by this Agreement.
The Company shall not take (or omit to take) any action which would reasonably be expected to result in (i) the Takeover Code applying to the Company, the Transaction or any other transactions contemplated by this Agreement or (ii) the Transaction or any other transactions contemplated by this Agreement becoming subject to the jurisdiction of the Panel.