Sun Board definition
Examples of Sun Board in a sentence
The Sun Board has taken all action necessary under the terms thereof to render the Sun Rights Plan (and any similar plan or mechanic that may be in effect), and no other corporate action, including any action by the shareholders of Sun, is necessary for the Sun Rights Plan (or any similar plan or mechanic that may be in effect) to be, inapplicable to Trident, the Mergers, this Agreement or the transactions contemplated hereby.
Assuming the accuracy of Ironman’s a representations and warranties set forth Section 3.22, the Sun Board has taken all action necessary to render inapplicable to this Agreement and the transactions contemplated hereby any Takeover Statute or any takeover or anti-takeover provision in the Current Sun Articles, except as set forth in Section 4.25 of the Sun Disclosure Schedule.
The Sun Board has taken any action necessary under the terms thereof to render the Sun Rights Plan inapplicable to the Merger and this Agreement and the transactions contemplated hereby.
Assuming the accuracy of Trident’s representations and warranties set forth Section 3.24, the Sun Board has taken all action necessary to render inapplicable to this Agreement and the transactions contemplated hereby any Takeover Statute or any takeover or anti-takeover provision in the Sun Articles, except as set forth in Section 4.24 of the Sun Disclosure Schedule.
The Sun Board shall, prior to the Effective Time, approve the issuance of Sun Ordinary Shares in connection with the Merger with respect to any employees of Ironman who, as a result of their relationship with ▇▇▇▇▇▇▇ as of or following the Effective Time, are subject or will become subject to the reporting requirements of Section 16 of the Exchange Act to the extent necessary for such issuance to be an exempt acquisition pursuant to SEC Rule 16b-3.
The Sun Board shall, prior to the Effective Time, approve the issuance of Sun Ordinary Shares in connection with the Merger with respect to any employees of Ironman who, as a result of their relationship with I▇▇▇▇▇▇ as of or following the Effective Time, are subject or will become subject to the reporting requirements of Section 16 of the Exchange Act to the extent necessary for such issuance to be an exempt acquisition pursuant to SEC Rule 16b-3.
If ▇▇▇ receives a Sun Competing Proposal or has reason to believe that the making of a Sun Competing Proposal is or may be imminent, nothing in this Agreement shall prevent Sun or the Sun Board from complying with the requirements of the Takeover Rules or consulting with the Panel.