Common use of No Avoidance Clause in Contracts

No Avoidance. If the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 2, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 4 contracts

Sources: Compensation and Funding Agreement (Sunpower Corp), Private Placement Agreement (Sunpower Corp), Security Agreement (Sunpower Corp)

No Avoidance. If the Company shall enter into any transaction for the purpose of avoiding the application of the provisions of this Section 2, the benefits provided by of such provisions shall nevertheless apply and be preserved.

Appears in 3 contracts

Sources: Investor Rights Agreement (Novavax Inc), Investor Rights Agreement (Novavax Inc), Investor Rights Agreement (King Pharmaceuticals Inc)

No Avoidance. If In the event the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 2Section, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 2 contracts

Sources: Warrant and Repurchase Agreement (Polydex Pharmaceuticals LTD/Bahamas), Warrant Agreement (Raybor Management Inc)

No Avoidance. If In the event that the Company shall enter into any transaction for the purpose of avoiding the application of the provisions of this Section SECTION 2, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 2 contracts

Sources: Senior Subordinated Note, Preferred Stock and Warrant Purchase Agreement (Zimmerman Sign Co), Senior Subordinated Note, Preferred Stock and Warrant Purchase Agreement (Zimmerman Sign Co)

No Avoidance. If the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 2Annex A, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 2 contracts

Sources: Security Agreement (Eastman Kodak Co), Security Agreement (Eastman Kodak Co)

No Avoidance. If the Company Corporation shall enter into any transaction for the purpose of avoiding the application of the provisions of this Section 21, the benefits provided by of such provisions shall nevertheless apply and be preserved.

Appears in 2 contracts

Sources: Conversion Agreement (Focal Communications Corp), Conversion Agreement (Focal Communications Corp)

No Avoidance. If In the event the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 2Article IX, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Operating Agreement (TVAX Biomedical, Inc.)

No Avoidance. If In the event that the Company shall enter into any transaction for the purpose of avoiding the application of the provisions of this Section 2, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Senior Subordinated Note, Preferred Stock and Warrant Purchase Agreement (Zimmerman Sign Co)

No Avoidance. If the Company shall enter into any transaction for the purpose of avoiding the application of the provisions of this Section SECTION 2, the benefits provided by of such provisions shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Investor Rights Agreement (King Pharmaceuticals Inc)

No Avoidance. If In the event the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 2, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Strategic Alliance Agreement (Service Systems International LTD)

No Avoidance. If In the event the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 23 hereof, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Morton Industrial Group Inc)

No Avoidance. If In the event the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section SECTION 2, the benefits provided by such provisions shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Membership Interest Purchase Warrant and Repurchase Agreement (Ubiquitel Operating Co)

No Avoidance. If In the event the Company shall enter into any transaction for the purpose of avoiding the provisions of this Section 2, the benefits provided by such provisions provision shall nevertheless apply and be preserved.

Appears in 1 contract

Sources: Senior Secured Note and Warrant Purchase Agreement (International Wireless Communications Holdings Inc)