Excluded Events. For purposes of this Section G, none of the voluntary sale, conveyance, exchange and transfer (for cash, shares of stock, other securities or other consideration) of all or substantially all of the property or assets of the Corporation, and no consolidation or merger of the Corporation with any one or more other corporations, shall be deemed to be a Liquidation Event unless such voluntary sale, conveyance, exchange or transfer shall be in connection with a plan of liquidation, dissolution or winding up of the Corporation.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Avenue Capital Management II, L.P.), Certificate of Designations, Preferences, Powers and Rights of Series B Convertible Preferred Stock (USFreightways Corp), Certificate of Designations, Preferences, Powers and Rights of Series B Convertible Preferred Stock (USFreightways Corp)