Common use of State Takeover Laws Clause in Contracts

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 9 contracts

Samples: Agreement and Plan of Merger (First Community Corp /Sc/), Agreement and Plan of Merger (State Bank Financial Corp), Employment Agreement (First Community Corp /Sc/)

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State Takeover Laws. Each Seller Entity has taken shall take all necessary action, if any, steps to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”)Law.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Charter Financial Corp), Agreement and Plan of Merger (Heritage Financial Group Inc), Agreement and Plan of Share Exchange (First Security Group Inc/Tn)

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 5 contracts

Samples: Agreement and Plan of Merger (New Commerce Bancorp), Agreement and Plan of Merger (Charter Financial Corp), Agreement and Plan of Merger (Seacoast Banking Corp of Florida)

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable "moratorium,” “" "fair price,” “" "business combination,” “" "control share," or other anti-takeover Laws, (collectively, "Takeover Laws").

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Nbog Bancorporation Inc), Agreement and Plan of Merger (El Banco Financial Corp), Agreement and Plan of Merger (SCBT Financial Corp)

State Takeover Laws. Each Except as disclosed in Section 4.23 of the Seller Disclosure Memorandum, each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Community Bancshares Inc), Agreement and Plan of Merger (Yadkin Valley Financial Corp)

State Takeover Laws. Each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combinationsupermajority shareholder approval,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”), including Articles 9 and 9A of the NCBCA.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (SCBT Financial Corp), Agreement and Plan of Merger (TSB Financial CORP)

State Takeover Laws. Each Seller Entity has taken shall take all necessary action, if any, steps to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Charter Financial Corp)

State Takeover Laws. Each Seller Entity The Company has taken all necessary actionaction to comply with or, if anyapplicable, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Solar Power, Inc.)

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State Takeover Laws. Each Seller Entity has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” “interested shareholders” or other anti-takeover Laws, (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Support Agreement (Amalgamated Financial Corp.)

State Takeover Laws. Each Seller Entity has taken The Company and each of the Owners shall take ------------------- all necessary action, if any, steps to exempt the transactions contemplated by this Agreement Transactions from, or if necessary to challenge the validity or applicability of, any applicable "moratorium,” “" "fair price,” “" "business combination,” “" "control share," or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Transfer Agreement (Premiere Technologies Inc)

State Takeover Laws. Each Prior to Closing, each Seller Entity has will have taken all necessary action, if any, action to exempt the transactions contemplated by this Agreement fromfrom or, or if necessary to challenge the validity or applicability of, any applicable “moratorium,” “fair price,” “business combination,” “control share,” or other anti-takeover Laws, Laws (collectively, “Takeover Laws”).

Appears in 1 contract

Samples: Agreement and Plan of Share Exchange (First Security Group Inc/Tn)

State Takeover Laws. Each Seller Entity Buyer has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, of any applicable “moratorium,” ”, “fair price,” ”, “business combination,” ”, “control share,” ”, or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BNC Bancorp)

State Takeover Laws. Each Seller Entity Buyer has taken all necessary action, if any, to exempt the transactions contemplated by this Agreement from, or if necessary to challenge the validity or applicability of, of any applicable “moratorium,” “fair price,” “business combination,” ”, “control share,” or other anti-takeover Laws, (collectively, “Takeover Laws”)laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BNC Bancorp)

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