Section 203 of Delaware Law. The Board has approved this Agreement and the Transactions for purposes of Section 203 of Delaware Law prior to Purchaser becoming an "interested stockholder" under Section 203 of Delaware Law and hereby waives any right, interest or claim that it may have under Section 203 of Delaware Law to amend or terminate any agreements previously entered into by the Company and Purchaser or its affiliates, as well as any new service agreements between the Company and a third party that is an affiliate of Purchaser as contemplated by the Plan of Liquidation.
Appears in 7 contracts
Samples: Stock Purchase Agreement (Shelbourne Properties Ii Inc), Stock Purchase Agreement (Ashner Michael L), Stock Purchase Agreement (Ashner Michael L)
