Common use of Acquisition of a Third Party by Zai Clause in Contracts

Acquisition of a Third Party by Zai. In the event that Zai or any of its Affiliates merges or consolidates with, or otherwise acquires a Third Party (whether such transaction occurs by way of a sale of assets, merger, consolidation or similar transactions) (a “Zai Acquired Party”), that is performing any Competing Activities at the closing of such transaction, then [***]. Notwithstanding the foregoing, in the event [***], then [***] unless and until [***].