Common use of Certain Statutes Clause in Contracts

Certain Statutes. The Board of Directors of the Parent has taken or will take all appropriate and necessary actions such that the restrictions on business combinations in Section 203 of the GCL will not have any effect on the Merger or the other transactions contemplated hereby. No Takeover Statute is, as of the date hereof, applicable to the Merger or such other transactions.

Appears in 4 contracts

Sources: Merger Agreement (Metromedia International Group Inc), Merger Agreement (Metromedia International Group Inc), Merger Agreement (PLD Telekom Inc)

Certain Statutes. The Board of Directors of the Parent has taken or will take all appropriate and necessary actions such to ensure that the restrictions on business combinations in Section 203 of the GCL DGCL will not have any effect on the Merger or the other transactions contemplated herebyby this Agreement. No Takeover Statute is, as of the date hereofof this Agreement, applicable to the Merger or such other transactions.

Appears in 1 contract

Sources: Merger Agreement (Metromedia Fiber Network Inc)