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 Section 12, the merger or consolidation of the Corporation with or into any other corporation or other entity, or the sale, lease or exchange (for cash, securities or other property) of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 126, neither a consolidation, amalgamation, merger, arrangement or reconstruction involving the merger or consolidation of the Corporation with or into any other corporation or other entity, Company or the sale, lease sale or exchange (for cash, securities or other property) transfer of all or substantially all of the assets shares of capital stock or the property or business of the Corporation, Company shall not be deemed to constitute a liquidation, dissolution or winding winding-up of the CorporationCompany.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 1211, the merger or consolidation of the Corporation with or into any other corporation or other entity, including a merger or consolidation in which the Holders of shares of Series C Preferred Stock receive cash, securities or other property for their shares, or the sale, lease lease, or exchange (for cash, securities or other property) or pledge of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 1210, the merger or consolidation of the Corporation with or into any other corporation or other entity, including a merger or consolidation in which the Holders of shares of Series C Preferred Stock receive cash, securities or other property for their shares, or the sale, lease lease, or exchange (for cash, securities or other property) or pledge of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 125.03, the merger or consolidation of the Corporation or Topco with or into any other corporation or other entity, or the sale, lease or exchange (for cash, securities or other property) of all or substantially all of the assets of the CorporationCorporation or Topco, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 1210, the merger or consolidation of the Corporation with or into any other corporation or other entity, including a merger or consolidation in which the Holders of shares of Series B Preferred Stock receive cash, securities or other property for their shares, or the sale, lease lease, or exchange (for cash, securities or other property) or pledge of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 1211, the merger or consolidation of the Corporation with or into any other corporation or other entity, including a merger or consolidation in which the Holders of shares of Series B Preferred Stock receive cash, securities or other property for their shares, or the sale, lease lease, or exchange (for cash, securities or other property) or pledge of all or substantially all of the assets of the Corporation, shall not constitute a liquidation, dissolution or winding up of the Corporation.