Takeover Statute definition

Takeover Statute means any restrictions contained in any “fair price,” “moratorium,” “control share acquisition,” “business combination” or other similar anti-takeover statute or regulation.

Takeover Statute has the meaning set forth in Section 4.12.

Takeover Statute means any “fair price,” “moratorium,” “control share acquisition” or other similar anti-takeover Law.

Examples of Takeover Statute in a sentence

• If any Takeover Statute is or may become applicable to the Contemplated Transactions, each of Sellers, Purchaser, and the Purchaser Board, as applicable, shall grant such approvals and take such actions as are necessary so that the Contemplated Transactions may be consummated as promptly as practicable on the terms contemplated by this Agreement and otherwise act to eliminate or minimize the effects of such statute or regulation on the Contemplated Transactions.

• The Company Board has taken and will take all actions necessary to ensure that the restrictions of any Takeover Statute or similar Law applicable to the Company are, and will be, inapplicable to the execution, delivery and performance of this Agreement, the Lock-Up Agreements and to the consummation of the Contemplated Transactions.

• The Purchaser Board has taken and will take all actions necessary to ensure that the restrictions of any Takeover Statute or similar Law, including the restrictions applicable to business combinations contained in Section 203 of the DGCL, are, and will be, inapplicable to the execution, delivery and performance of this Agreement, the Lock-Up Agreements and to the consummation of the Contemplated Transactions.

More Definitions of Takeover Statute

Takeover Statute means a “fair price,” “moratorium,” “control share acquisition” or similar anti-takeover statute or regulation enacted under the Laws of any state in the United States that is applicable to the Company, including Section 203 of the DGCL.

Takeover Statute shall have the meaning set forth in Section 3.13.

Takeover Statute means any corporate takeover provision under laws of the State of Delaware or any other state or federal "fair price", "moratorium", "control share acquisition" or other similar antitakeover statute or regulation.

Takeover Statute has the meaning set forth in Section 7.15 hereof.

Takeover Statute shall have the meaning set forth in Section 2.21.

Takeover Statute shall have the meaning set forth in Section 5.1(l).

Takeover Statute has the meaning assigned to such term in Section 2.21 of the Agreement.