Common use of Non-Hostile Clause in Contracts

Non-Hostile. In the case of an Acquisition of the Capital Stock of another Person, the board of directors (or other comparable governing body) of such other Person shall have duly approved such Acquisition;

Appears in 10 contracts

Sources: Credit Agreement (DST Systems Inc), Credit Agreement (Hercules Inc), Credit Agreement (Inamed Corp)

Non-Hostile. In the case of an Acquisition of the Capital Stock Equity Interests of another Person, the board of directors (or other comparable governing body) of such other Person shall have duly approved such Acquisition;

Appears in 5 contracts

Sources: Credit Agreement, Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)