Common use of Takeover Statutes and Charter Clause in Contracts

Takeover Statutes and Charter. The Company agrees that if any Takeover Statute is or may become applicable to the transactions contemplated by this Agreement (including any transfer of Shares to any Related Purchaser) or the Plan, it will grant such approvals and take such actions as are necessary so that such transactions may be consummated as promptly as practicable on the terms contemplated by this Agreement and the Plan and otherwise act to eliminate or minimize the effects of such statute or regulation on such transactions.

Takeover Statutes and Charter. The Company agrees that if any Takeover Statute is or may become applicable to the transactions contemplated by this Agreement (including any transfer of Shares to any Related Purchaser) or the Plan, it will grant such approvals and take such actions as are necessary so that such transactions may be consummated as promptly as practicable on the terms contemplated by this Agreement and the Plan and otherwise act to eliminate or minimize the effects of such statute or regulation on such transactions.