Major Transaction. In the event that a Major Transaction (as defined below) is consummated prior to the beginning of the Term, the Warrant shall expire and shall not be exercisable. In the event that a Major Transaction is consummated during the Term, then the Holder shall have the right to exercise this Warrant and to make such exercise effective immediately prior to the consummation of such Major Transaction. Consummation of each of the following events shall constitute a “Major Transaction”:
Appears in 6 contracts
Samples: Weichai America Corp., Weichai America Corp., Power Solutions International, Inc.
