Common use of Takeover Provisions Clause in Contracts

Takeover Provisions. Parent, the Company and their respective Boards of Directors shall (a) take all reasonable action necessary to ensure that no Takeover Provision is or becomes applicable to this Agreement, the Support Agreements or the transactions provided for herein or therein, including the Offer and the Merger, and (b) if any Takeover Provision becomes applicable to this Agreement, the Support Agreements or the transactions contemplated herein or therein, take all reasonable action necessary to ensure that the transactions provided for in this Agreement and the Support Agreements may be consummated as promptly as practicable on the terms contemplated by this Agreement and the Support Agreements and otherwise to minimize the effect of such Takeover Provision on Parent and Merger Sub, this Agreement, the Support Agreements and the transactions provided for herein or therein.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Iris International Inc), Agreement and Plan of Merger (Health Grades Inc), Agreement and Plan of Merger (Zymogenetics Inc)

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Takeover Provisions. Parent, the Company and their respective Boards of Directors shall (a) take all reasonable action necessary to ensure that no Takeover Provision is or becomes applicable to this Agreement, the Support Agreements Agreement or the transactions provided for herein or therein, including the Offer Offer, the Top-Up Option and the Merger, and (b) if any Takeover Provision becomes applicable to this Agreement, the Support Agreements Agreement or the transactions contemplated herein or therein, take all reasonable action necessary to ensure that the transactions provided for in this Agreement and the Support Agreements Agreement may be consummated as promptly as practicable on the terms contemplated by this Agreement and the Support Agreements Agreement and otherwise to minimize the effect of such Takeover Provision on Parent and Merger Sub, this Agreement, the Support Agreements Agreement and the transactions provided for herein or therein.

Appears in 1 contract

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

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Takeover Provisions. Parent, the Company and their respective Boards of Directors shall (a) take all reasonable action necessary to ensure that no Takeover Provision is or becomes applicable to this Agreement, the Support Agreements Agreement or the transactions provided for herein or therein, including the Offer and the Merger, and (b) if any Takeover Provision becomes applicable to this Agreement, the Support Agreements Agreement or the transactions contemplated herein or therein, take all reasonable action necessary to ensure that the transactions provided for in this Agreement and the Support Agreements Agreement may be consummated as promptly as practicable on the terms contemplated by this Agreement and the Support Agreements Agreement and otherwise to minimize the effect of such Takeover Provision on Parent and Merger Sub, this Agreement, the Support Agreements Agreement and the transactions provided for herein or therein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sutron Corp)

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