Common use of Merger Without Meeting of Shareholders Clause in Contracts

Merger Without Meeting of Shareholders. If following Consummation of the Offer (or any subsequent offering period), Purchaser owns at least 90% of the outstanding shares of Company Common Stock, each of the parties hereto shall take all necessary and appropriate action to cause the Merger to become effective as soon as practicable after such acquisition, without the Company Shareholder Meeting, in accordance with Section 3053 of the PRGCL.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Cemex Sa De Cv), Agreement and Plan of Merger (Puerto Rican Cement Co Inc), Agreement and Plan of Merger (Cemex Sa De Cv)

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Merger Without Meeting of Shareholders. If following Consummation the consummation of the Offer (or any subsequent offering period)Offer, Purchaser owns at least 90% of the outstanding shares of Company Common StockStock pursuant to the Offer (including any subsequent offering period) or otherwise, each of the parties hereto shall take all necessary and appropriate action to cause the Merger to become effective as soon as practicable after such acquisition, without the Company Shareholder Meeting, in accordance with Section 3053 112G of the PRGCLLBCL and Section 253 of the DGCL.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southdown Inc)

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Merger Without Meeting of Shareholders. If following Consummation of the Offer (or any subsequent offering period), Purchaser owns at least 90% of the outstanding shares of Company Common Stock, each of the parties hereto shall take all necessary and appropriate action to cause the Merger to become effective as soon as practicable after such acquisition, without the Company Shareholder Meeting, in accordance with Section 3053 253 of the PRGCLDGCL.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Penske Truck Leasing Co Lp)

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