Common use of State Takeover Laws Clause in Contracts

State Takeover Laws. The Board of Directors of Purchaser has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to such agreements and transactions any Takeover Statutes.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (First Connecticut Bancorp, Inc.), Agreement and Plan of Merger (People's United Financial, Inc.), Agreement and Plan of Merger (People's United Financial, Inc.)

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State Takeover Laws. The Board of Directors of Purchaser Company has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to this Agreement and the transactions contemplated hereby any provisions of the takeover laws of any state, including any “moratorium,” “control share,” “fair price,” “takeover” or “interested shareholder” law (any such agreements and transactions any laws, “Takeover Statutes”).

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Privatebancorp, Inc), Agreement and Plan of Merger (City National Corp), Agreement and Plan of Merger (Canadian Imperial Bank of Commerce /Can/)

State Takeover Laws. The Board of Directors of Purchaser the Company has approved this Agreement and the transactions contemplated hereby by this Agreement as required under any applicable state takeover laws, including Section 203 of the DGCL, so that any such state takeover laws will not apply to render inapplicable to such agreements and this Agreement or any of the transactions any Takeover Statutescontemplated hereby.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Decode Genetics Inc), Agreement and Plan of Merger (Lightspan Inc), Agreement and Plan of Merger (Plato Learning Inc)

State Takeover Laws. The Board of Directors of Purchaser the Company has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to this Agreement and the transactions contemplated hereby any provisions of the takeover laws of any state, including any “moratorium,” “control share,” “fair price,” “takeover” or “interested shareholder” law (any such agreements and transactions any laws, “Takeover Statutes”).

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Chubb Corp)

State Takeover Laws. The Board of Directors of Purchaser and Merger Sub has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to such agreements and transactions any Takeover Statutes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cobiz Financial Inc), Agreement and Plan of Merger (Bok Financial Corp Et Al)

State Takeover Laws. The Board of Directors of Purchaser has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to such agreements this Agreement and the transactions contemplated hereby Section 203 of the DGCL and any other Takeover Statutes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Suffolk Bancorp), Agreement and Plan of Merger (People's United Financial, Inc.)

State Takeover Laws. The Company Board of Directors of Purchaser has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to such agreements this Agreement and the transactions contemplated hereby any applicable provisions of any Takeover Statutes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Associated Banc-Corp), Agreement and Plan of Merger (Bank Mutual Corp)

State Takeover Laws. The Board of Directors of Purchaser Buyer has approved this Agreement and the transactions contemplated hereby and has taken all such other necessary actions as required to render inapplicable to such agreements and transactions the provisions of any potentially applicable Takeover Statutes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American National Bankshares Inc.), Agreement and Plan of Merger (Atlantic Union Bankshares Corp)

State Takeover Laws. The Board of Directors of Purchaser Company has approved this Agreement and the transactions contemplated hereby by this Agreement as required under any applicable state takeover laws, including Chapter 23B.19 of the WBCA, so that any such state takeover laws will not apply to render inapplicable to such agreements and this Agreement or any of the transactions any Takeover Statutescontemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Procyte Corp /Wa/), Agreement and Plan of Merger (Photomedex Inc)

State Takeover Laws. The Board of Directors of Purchaser the Company has approved this Agreement and the transactions contemplated hereby by this Agreement as required under any applicable state takeover laws, including 1302 of the CCC, so that any such state takeover laws will not apply to render inapplicable to such agreements and this Agreement or any of the transactions any Takeover Statutescontemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Plato Learning Inc)

State Takeover Laws. The Board of Directors of Purchaser Hxxxxxx Xxxxxxx has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to such agreements this Agreement and the transactions contemplated hereby any applicable provisions of any applicable Takeover Statutes.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Midsouth Bancorp Inc)

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State Takeover Laws. The Board board of Directors directors of Purchaser Seller has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to this Agreement and the transactions contemplated hereby any applicable provisions of the takeover laws of any state, including any “moratorium,” “control share,” “fair price,” “takeover” or “interested shareholder” law (any such agreements and transactions any laws, “Takeover Statutes”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Renasant Corp)

State Takeover Laws. The Board of Directors of Purchaser the Company has approved this Agreement and the transactions contemplated hereby and has taken all such other necessary actions as required to render inapplicable to such agreements and transactions the provisions of any potentially applicable Takeover Statutes.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synnex Corp)

State Takeover Laws. The Board Purchaser's board of Directors of Purchaser directors has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to this Agreement and such agreements and transactions any Takeover Statutes"takeover" or "interested stockholder" law applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Protein Design Labs Inc/De)

State Takeover Laws. The Board of Directors of Purchaser Provident has approved this Agreement and the transactions contemplated hereby as required to render inapplicable to such agreements and transactions Section 203 of the DGCL and any other Takeover Statutes.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Provident New York Bancorp)

State Takeover Laws. The Board of Directors of Purchaser Buyer has approved this Agreement and the transactions contemplated hereby by this Agreement as required under any applicable state takeover laws, including Section 203 of the DGCL, so that any such state takeover laws will not apply to render inapplicable to such agreements and this Agreement or any of the transactions any Takeover Statutescontemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Photomedex Inc)

State Takeover Laws. The Board Boards of Directors of Purchaser has Shareholder and ------------------- Acquired Company have approved the transactions contemplated by this Agreement and taken such action such that the provisions of any state or local "takeover" law applicable to Shareholder or Acquired Company will not apply to this Agreement or any of the transactions contemplated hereby as required to render inapplicable to such agreements and transactions any Takeover Statutesby this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Road Services Inc)

State Takeover Laws. The Board of Directors of Purchaser Company has approved this Agreement and the transactions contemplated hereby by this Agreement as required under any applicable state takeover laws, including Section 203 of the DGCL, so that any such state takeover laws will not apply to render inapplicable to such agreements and this Agreement or any of the transactions any Takeover Statutescontemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Photomedex Inc)

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