CONTROL SHARE ACQUISITION ACT. Notwithstanding any other provision of the Charter or these Bylaws, Title 3, Subtitle 7 of the MGCL or any successor statute, shall not apply to any acquisition by any person of shares of stock of the Corporation. This section may be repealed, in whole or in part, at any time, whether before or after an acquisition of control shares and, upon such repeal, may, to the extent provided by any successor bylaw, apply to any prior or subsequent control share acquisition.
Appears in 5 contracts
Samples: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)
CONTROL SHARE ACQUISITION ACT. Notwithstanding any other provision of the Charter charter of the Corporation or these Bylaws, Title 3, Subtitle 7 of the MGCL MGCL, or any successor statute, shall not apply to any acquisition by any person of shares of stock of the Corporation. This section may be repealed, in whole or in part, at any time, whether before or after an acquisition of control shares and, upon such repeal, may, to the extent provided by any successor bylaw, apply to any prior or subsequent control share acquisition.
Appears in 4 contracts
Samples: Employment Agreement (Sierra Income Corp), Employment Agreement (Medley Management Inc.), Agreement and Plan of Merger (Sierra Income Corp)
CONTROL SHARE ACQUISITION ACT. Notwithstanding any other provision of contained in the Charter charter or these Bylaws, Title 3, Subtitle 7 of the MGCL (or any successor statute, ) shall not apply to any acquisition by any person of shares of stock beneficial interest of the Corporation. This section may be repealed, in whole or in part, at any time, whether before or after an acquisition of control shares and, upon such repeal, may, to the extent provided by any successor bylaw, apply to any prior or subsequent control share acquisition.
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