Common use of Merger, Consolidation and Sale of Assets Not Liquidation Clause in Contracts

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Certificate of Designations, the merger, consolidation or other business combination of the Corporation with or into any other corporation, including a transaction in which the Holders of Series A receive cash or property for their shares, or the sale, conveyance, lease, exchange or transfer (for cash, shares of stock, securities or other consideration) of all or substantially all of the assets of the Corporation, shall not constitute a Liquidation Event.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Certificate of DesignationsSection IX, the merger, merger or consolidation or other business combination of the Corporation with or into any other corporationcorporation or other entity, including a transaction merger or consolidation in which the Holders receive cash, securities or other property for their shares of Series A receive cash or property for their sharesPreferred Stock, or the sale, conveyance, lease, lease or exchange or transfer (for cash, shares of stock, securities or other considerationproperty) of all or substantially all of the assets of the Corporation, shall not constitute a Liquidation Eventliquidation, dissolution or winding up of the affairs of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Certificate of Designations, the merger, consolidation or other business combination of the Corporation with or into any other corporation, including a transaction in which the Holders holders of Series A B receive cash or property for their shares, or the sale, conveyance, lease, exchange or transfer (for cash, shares of stock, securities or other consideration) of all or substantially all of the assets of the Corporation, shall not constitute a Liquidation Event.