Common use of Rule 16b-3 Clause in Contracts

Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Huntsman International LLC), Agreement and Plan of Merger (Hexion Specialty Chemicals, Inc.), Agreement and Plan of Merger (Sm&A)

AutoNDA by SimpleDocs

Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be steps reasonably necessary to cause dispositions of equity securities of the Company Shares (including derivative securities) pursuant to the transactions contemplated by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act thereunder in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC rule or under that certain No-Action Letter (dated January 12, 1999)1999 issued by the SEC regarding such matters.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Plains Exploration & Production Co), Agreement and Plan of Merger (Pogo Producing Co)

Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement Transactions by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx Mxxxxxx & Xxxx Fxxx LLP SEC No-Action Letter (January 12, 1999).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Energy Xxi (Bermuda) LTD), Agreement and Plan of Merger (Energy XXI Gulf Coast, Inc.)

Rule 16b-3. Prior Notwithstanding anything in this Agreement to the contrary, prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Smith & Wollensky Restaurant Group Inc), Agreement and Plan of Merger (Reddy Ice Holdings Inc)

Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999)16b-3.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lyondell Chemical Co)

Rule 16b-3. Prior to the Effective Time, the Company may shall take such actions steps as may be necessary required by applicable Law to cause dispositions of Company equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC that certain No-Action Letter (dated January 12, 1999)1999 issued by the SEC regarding such matters.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arch Chemicals Inc)

Rule 16b-3. Prior to the Effective Time, the Company may shall take such actions as may be necessary or advisable to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Exchanges Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lodgian Inc)

AutoNDA by SimpleDocs

Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement Transactions by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Epl Oil & Gas, Inc.)

Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be steps reasonably necessary to cause dispositions of equity securities of the Company Shares (including derivative securities) pursuant to the transactions contemplated by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act thereunder in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC rule or under that certain No-Action Letter (dated January 12, 1999)1999 issued by the SEC regarding such matters.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mariner Energy Inc)

Rule 16b-3. Prior to the Effective Time, the Company may shall take such actions steps as may be necessary required by applicable Law to cause dispositions of Company equity securities of the Company (including derivative securities) pursuant to the transactions contemplated Merger by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC that certain No-Action Letter (dated January 12, 1999), issued by the SEC regarding such matters.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Obagi Medical Products, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.