Consultation Between the Parties. Within 15 calendar days after the receipt of a Change of Control Notice, the Parties shall meet to determine in good faith whether they agree that (i) the benefits of the Company may be preserved for both Parties, (ii) the Change of Control would have a Material Adverse Effect on the Party that is not subject to the Change of Control, and (iii) the Party subject to the Change of Control or its acquiror has proposed effective measures to cure such Material Adverse Effect (an “Acquiror Resolution”).
Appears in 2 contracts
Sources: European Alliance Agreement (VectoIQ Acquisition Corp.), European Alliance Agreement (VectoIQ Acquisition Corp.)