Common use of Successor Entity Clause in Contracts

Successor Entity. A "Successor Entity" is defined as a person or entity, other than the Company, which acquires all, or substantially all of, the stock or assets of the Company as a result of a transaction or series of transactions which resulted in a Change In Control.

Successor Entity. A "“Successor Entity" is defined as ” means the surviving entity in a person Change of Control involving a merger or entity, other than acquisition of the Company’s equity interests and any successor, which acquires allby purchase or otherwise, to all or substantially all of, of the stock or assets of the Company as a result of a transaction or series of transactions which resulted in a Change In ControlCompany.