Liquidation; Sale of Assets. A plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company's assets was approved by the shareholders of the Company.
Liquidation; Sale of Assets. (A) merge or consolidate with any entity (other than a subsidiary of the Borrower, whether direct or indirect, a majority owned joint venture of the Borrower or a particular existing 50-50 joint venture previously identified by the Borrower to the Holder; provided that, in all cases, the Borrower shall continue to maintain majority ownership in those subsidiaries except in the case of Adventure and Nature Network Pvt. Ltd.) (B) amend or change the Borrower’s memorandum and articles of association in a manner materially adverse to the Holder (provided, that the Borrower shall provide Holder with thirty (30) days’ prior written notice of any change in its name or jurisdiction of organization) or (C) sell, lease, transfer or otherwise dispose of, or grant any third-party an option to acquire, or sell and leaseback (i) all or a material portion of the Intellectual Property, or (ii) all or a material portion of its assets, whether now owned or hereafter acquired.
Liquidation; Sale of Assets. The approval by the stockholders of the Company of a complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets.
Liquidation; Sale of Assets. In the event of a Liquidation Event consisting of the sale or disposition of all or substantially all of the assets of the Company (on a consolidated basis), the Holders shall not have any immediate entitlement to any distribution of assets of the Company; provided that if such a sale or disposition is not followed by a dissolution of the Company or distribution of the net proceeds of such sale or disposition in accordance with Section 3.1 within forty-five (45) days following such Liquidation Event, the Company shall redeem, as soon as reasonably practicable thereafter, each Series A Preferred Share in exchange for payment in cash of an amount equal to the greater of (i) the Current Liquidation Preference with respect to such share as of the date of such liquidating distribution, plus an amount equal to the sum of all accrued and unpaid Regular Dividends thereon for the then-current dividend
