SALE PROPOSAL

SALE PROPOSAL. Means any inquiry, proposal or offer (other than by the Buyer or its Affiliates) relating to, or that could reasonably be expected to lead to (i) a merger, consolidation, share exchange of securities, dissolution, recapitalization, liquidation or other business combination involving the Company; or (ii) the acquisition in any manner, directly or indirectly, in a single transaction or in a series of related transactions, of all or substantially all of the assets of the Company.