definiens: shall mean the closing of an acquisition of all or substantially all of the issued and outstanding share capital of the Company or the Parent Company and/or consolidation of the Company or the Parent Company into or with another corporation ; provided that if THM chooses to receive the above Consideration from Exit, then following the Exit event, the payment of Royalties, as provided for herein, shall cease . If, however, THM chooses not to receive the Consideration from Exit, as a result of an Exit event as specified above, THM shall be entitled to continue to receive all the rights and consideration it is entitled to hereunder ( including, without limitation, the exercise of the rights pursuant to this Section 5.1.5 in future Exit events ), and any agreement relating to an Exit event shall be subject to the surviving entity 's and/or the purchaser 's undertaking towards THM to perform all of the Company 's obligations hereunder