Common use of Charter Provisions Clause in Contracts

Charter Provisions. Each TARGET Company has taken all action so ------------------ that the entering into of this Agreement and the consummation of the Merger and the other transactions contemplated by this Agreement do not and will not result in the grant of any rights to any Person under the Articles of Incorporation, Bylaws or other governing instruments of any TARGET Company or restrict or impair the ability of PURCHASER to vote, or otherwise to exercise the rights of a shareholder with respect to, shares of any TARGET Company that may be acquired or controlled by it.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Abc Bancorp), Employment Agreement (Abc Bancorp), Employment Agreement (Abc Bancorp)

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Charter Provisions. Each TARGET Company Target Entity has taken all action so ------------------ that the entering into of this Agreement and the consummation of the Merger and the other transactions contemplated by this Agreement do not and will not result in the grant of any rights to any Person under the Articles Certificate of Incorporation, Bylaws or other governing instruments of any TARGET Company Target Entity or restrict or impair the ability of PURCHASER Buyer or any of its Subsidiaries to vote, or otherwise to exercise the rights of a shareholder stockholder with respect to, shares of any TARGET Company Target Entity that may be directly or indirectly acquired or controlled by itthem.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Fuqua Enterprises Inc), Agreement and Plan of Merger (Graham Field Health Products Inc), Agreement and Plan of Merger (Dal Tile International Inc)

Charter Provisions. Each TARGET Company has taken all action ------------------ so ------------------ that the entering into of this Agreement and the consummation of the Merger and the other transactions contemplated by this Agreement do not and will not result in the grant of any rights to any Person under the Articles of Incorporation, Bylaws or other governing instruments of any TARGET Company or restrict or impair the ability of PURCHASER to vote, or otherwise to exercise the rights of a shareholder with respect to, shares of any TARGET Company that may be acquired or controlled by it.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Golden Isles Financial Holdings Inc), Agreement and Plan of Merger (Abc Bancorp)

Charter Provisions. Each TARGET Company has taken all action so ------------------ that the entering into of this Agreement and the consummation of the Merger and the other transactions contemplated by this Agreement do not and will not result in the grant of any rights to any Person under the Articles Certificate of Incorporation, Bylaws or other governing instruments of any TARGET Company or restrict or impair the ability of PURCHASER to vote, or otherwise to exercise the rights of a shareholder stockholder with respect to, shares of any TARGET Company that may be acquired or controlled by it.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verso Technologies Inc)

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Charter Provisions. Each TARGET Company has taken all action so ------------------ that the entering into of this Agreement and the consummation of the Merger and the other transactions contemplated by this Agreement do not and will not result in the grant of any rights to any Person under the Articles of Incorporation, Bylaws or other governing instruments of any TARGET Company or restrict or impair the ability of PURCHASER to vote, or otherwise to exercise the rights of a shareholder stockholder with respect to, shares of any TARGET Company that may be acquired or controlled by it.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Brainworks Ventures Inc)

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