Common use of Change of Control, Etc Clause in Contracts

Change of Control, Etc. The Company shall not (i) merge or consolidate with or into any person, (ii) sell, assign, lease, license or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to any person, or (iii) issue or sell securities of the Company (whether in one transaction or in a series of transactions) such that the shareholders of the Company as of the date of this Agreement hold or will hold less than a majority of the outstanding (on a fully-diluted basis) equity securities or voting power of the Company (“Change of Control”).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Fuse Science, Inc.), Securities Purchase Agreement (MusclePharm Corp), Securities Purchase Agreement (Biozone Pharmaceuticals, Inc.)

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