Common use of Merger or Sale Clause in Contracts

Merger or Sale. Merge or consolidate with or into any other entity, sell or lease to any person or entity any assets constituting all or substantially all of the assets of the Company, or agree to do or permit any Subsidiary to do any of the foregoing, except that any wholly owned Subsidiary may merge into or consolidate with the Company or with or into any other wholly owned Subsidiary.

Appears in 2 contracts

Samples: Series D Convertible Preferred Stock Purchase Agreement (Furniture Com Inc), Series C Preferred Stock Purchase Agreement (Furniture Com Inc)

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Merger or Sale. Merge or consolidate with or into any other entity, sell or lease to any person or entity any assets constituting all or substantially all of the assets of the Company, or agree to do or permit any Subsidiary to do any of the foregoing, except that any wholly owned Subsidiary may merge into or consolidate with the Company or with or into any other wholly owned Subsidiary.

Appears in 2 contracts

Samples: Series a Preferred Stock and Class a Common Stock Purchase Agreement (Furniture Com Inc), Series B Preferred Stock Purchase Agreement (Furniture Com Inc)

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