Right to Consent. During the Initial Rights Period, without the prior written consent of Holders of Sixty-Six and Two-Thirds Percent (66 2/3%) of the outstanding shares of Series A Preferred Stock, the Company shall not (and shall not permit any of its subsidiaries to) enter into or agree to or consummate one or more acquisitions by it of securities or any business or assets of another Person where the aggregate consideration paid in connection with all such acquisitions is voting securities of the Company (or any other securities exercisable or exchangeable for or convertible into such voting securities) (an "Acquisition Issuance") constituting in the aggregate more than twenty percent (20%) of the Company's voting securities outstanding immediately after the consummation of the first such acquisition.
Appears in 2 contracts
Sources: Stock Purchase and Investor Rights Agreement (Xiox Corp), Stock Purchase and Investor Rights Agreement (Intel Corp)