Common use of Competing Transactions Clause in Contracts

Competing Transactions. Each Stockholder hereby agrees to vote against or refrain from giving any consent in favor of, and not to tender his shares into any offer relating to, (i) any merger agreement or merger (other than the Merger Agreement and the Merger), consolidation, combination, sale of substantial assets, reorganization, joint venture, recapitalization, dissolution, liquidation or winding up of or by the Company and (ii) any amendment of the Company's certificate of incorporation or by-laws or other proposal or transaction including any consent solicitation to remove or elect any directors of the Company) involving the Company or any of its subsidiaries which amendment or other proposal or transaction would in any manner impede, frustrate, prevent or nullify, or result in a breach of any covenant, representation or warranty or any other obligation or agreement of the Company under or with respect to, the Offer, the Merger, the Merger Agreement or any of the other transactions contemplated by the Merger Agreement (each of the foregoing in clause (i) or (ii) above, a "Competing Transaction").

Appears in 3 contracts

Samples: Stockholders Agreement (International Paper Co /New/), Stockholders Agreement (Shorewood Packaging Corp), Stockholders Agreement (International Paper Co /New/)

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Competing Transactions. Each Subject to Section 8, the Stockholder hereby agrees to vote against or refrain from giving any consent in favor of, and not to tender his shares into any offer relating to, of (i) any merger agreement or merger (other than the Merger Agreement and the Merger), consolidation, combination, sale of substantial assets, reorganization, joint venture, recapitalization, dissolution, liquidation or winding up of or by the Company and (ii) any amendment of the Company's certificate Certificate of incorporation Incorporation or byBy-laws or other proposal or transaction (including any consent solicitation to remove or elect any directors of the Company) involving the Company or any of its subsidiaries which amendment or other proposal or transaction would in any manner impede, frustrate, prevent or nullify, or result in a breach of any covenant, representation or warranty or any other obligation or agreement of the Company under or with respect to, the Offer, the Merger, the Merger Agreement or any of the other transactions contemplated by the Merger Agreement (each of the foregoing in clause (i) or (ii) above, a "Competing TransactionCOMPETING TRANSACTION").

Appears in 2 contracts

Samples: Stockholder's Agreement (Byowc Partners LLC), Stockholder's Agreement (Byowc Partners LLC)

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Competing Transactions. Each Subject to Section 8, the Stockholder hereby agrees to vote against or refrain from giving any consent in favor of, and not to tender his shares into any offer relating to, of (i) any merger agreement or merger (other than the Merger Agreement and the Merger), consolidation, combination, sale of substantial assets, reorganization, joint venture, recapitalization, dissolution, liquidation or winding up of or by the Company and (ii) any amendment of the Company's certificate Certificate of incorporation Incorporation or byBy-laws or other proposal or transaction (including any consent solicitation to remove or elect any directors of the Company) involving the Company or any of its subsidiaries which amendment or other proposal or transaction would in any manner impede, frustrate, prevent or nullify, or result in a breach of any covenant, representation or warranty or any other obligation or agreement of the Company under or with respect to, the Offer, the Merger, the Merger Agreement or any of the other transactions contemplated by the Merger Agreement (each of the foregoing in clause (i) or (ii) above, a "Competing COMPETING Transaction").

Appears in 1 contract

Samples: Stockholder's Agreement (Godfrey Peter)

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