Common use of Effect of Covenants Clause in Contracts

Effect of Covenants. The covenants in Sections 8.1 and 8.3 shall not be deemed to prohibit a merger, sale of all assets or other corporate reorganization if (i) the entity surviving or succeeding to the Corporation is bound by this Agreement with respect to its securities issued in exchange for or replacement of the Stock, or (ii) the consideration received in exchange for or replacement of the Stock is cash.

Appears in 4 contracts

Samples: Common Stock and Warrants Purchase Agreement (Ramtron International Corp), Stock Purchase Agreement (U S Plastic Lumber Corp), Common Stock and Warrants Purchase Agreement (Ramtron International Corp)

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Effect of Covenants. The covenants in Sections 8.1 9.1 and 8.3 9.3 shall not be deemed to prohibit a merger, sale of all assets or other corporate reorganization if (i) the entity surviving or succeeding to the Corporation is bound by this Agreement with respect to its securities issued in exchange for or replacement of the Stock, or (ii) the consideration received in exchange for or replacement of the Stock is cash.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Ramtron International Corp), Stock Purchase Agreement (Commodore Applied Technologies Inc), Stock Purchase Agreement (Commodore Applied Technologies Inc)

Effect of Covenants. The covenants in Sections 8.1 and 8.3 shall not be deemed to prohibit a merger, sale of all assets or other corporate reorganization reorganisation if (i) the entity surviving or succeeding to the Corporation is bound by this Agreement with respect to its securities issued in exchange for or replacement of the Stock, or (ii) the consideration received in exchange for or replacement of the Stock is cash.

Appears in 1 contract

Samples: Purchase Agreement (Faxsav Inc)

Effect of Covenants. The covenants in Sections 8.1 9.1 and 8.3 9.3 shall not be -------------------- deemed to prohibit a merger, sale of all assets or other corporate reorganization if (i) the entity surviving or succeeding to the Corporation is bound by this Agreement with respect to its securities issued in exchange for or replacement of the Stock, or (ii) the consideration received in exchange for or replacement of the Stock is cash.

Appears in 1 contract

Samples: Stock Purchase Agreement (Roberts Pharmaceutical Corp)

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Effect of Covenants. The covenants in Sections 8.1 7.1 and 8.3 7.3 shall not be deemed to prohibit a merger, sale of all assets or other corporate reorganization if (i) the entity surviving or succeeding to the Corporation is bound by this Agreement with respect to its securities issued in exchange for or replacement of the Stock, or (ii) the consideration received in exchange for or replacement of the Stock is cash.

Appears in 1 contract

Samples: Stock Purchase Agreement (Healthcare Investors of America Inc)

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