Common use of Merger, Consolidation and Sale of Assets Not Liquidation Clause in Contracts

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 5, the merger or consolidation of the Corporation with any other corporation or other entity, or the sale, lease or exchange (for cash, securities or other property) of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 5‎5, the merger or consolidation of the Corporation with any other corporation or other entity, or the sale, lease conveyance, exchange or exchange transfer (for cash, shares of stock, securities or other propertyconsideration) of all or substantially all of the property and assets of the Corporation, Corporation shall not constitute be deemed a liquidationLiquidation, dissolution nor shall the merger, consolidation, statutory exchange or winding up any other business combination transaction of the CorporationCorporation into or with any other Person or the merger, consolidation, statutory exchange or any other business combination transaction of any other Person into or with the Corporation be deemed to be a Liquidation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 5, any binding share exchange or the merger or consolidation of the Corporation with any other corporation Person, including a share exchange or other entitya merger or consolidation in which the holders of Series A Preferred Stock receive cash or property for their shares, or the sale, lease or exchange (for cash, securities or other property) sale of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 5, the merger or consolidation of the Corporation with any other corporation or other entity, or the sale, lease conveyance, exchange or exchange transfer (for cash, shares of stock, securities or other propertyconsideration) of all or substantially all of the property and assets of the Corporation, Corporation shall not constitute be deemed a liquidationLiquidation, dissolution nor shall the merger, consolidation, statutory exchange or winding up any other business combination transaction of the CorporationCorporation into or with any other Person or the merger, consolidation, statutory exchange or any other business combination transaction of any other Person into or with the Corporation be deemed to be a Liquidation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 5, the a merger or consolidation of the Corporation Company with or into any other corporation or other entity, or the sale, lease a sale or exchange (for cash, securities or other property) conveyance of all or substantially all any part of the assets of the Corporation, Company (which shall not constitute in fact result in the liquidation of the Company and the distribution of assets to its stockholders) shall not be deemed to be a liquidation, voluntary or involuntary liquidation or dissolution or winding up of the CorporationCompany.