Merger, Consolidation, Sale of Assets. The Company will not merge, consolidate or dispose of all or substantially all its assets, except a merger or consolidation pursuant to which the Company is the surviving corporation. This section shall not in any way limit the ability of the Company (i) to sell inventory or (ii) to sell other assets, each in the ordinary course of business.
Appears in 4 contracts
Samples: Preferred Stock Purchase Agreement (Scriptgen Pharmaceuticals Inc), Preferred Stock Purchase Agreement (Scriptgen Pharmaceuticals Inc), Stock Purchase Agreement (Scriptgen Pharmaceuticals Inc)
Merger, Consolidation, Sale of Assets. The Company will not merge, consolidate or dispose of all or substantially all its assets, except a merger or consolidation pursuant to which the Company is the surviving corporation. This section shall not in any way limit the ability of the Company (iA) to sell inventory or (iiB) to sell other assets, each in the ordinary course of business.
Appears in 2 contracts
Samples: Stockholders Agreement (Scriptgen Pharmaceuticals Inc), Stockholders Agreement (Scriptgen Pharmaceuticals Inc)
