Common use of Merger Clause in Contracts

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 17 contracts

Samples: Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co)

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Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 12 contracts

Samples: Credit Agreement (BJS Wholesale Club Inc), Credit Agreement (BJS Wholesale Club Inc), Revolving Loan Agreement (Aar Corp)

Merger. The Borrower will not, nor and will it not permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 7 contracts

Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)

Merger. The Parent and the Borrower will not, nor will it they permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 6 contracts

Samples: Security Agreement (United Stationers Inc), Security Agreement (United Stationers Inc), Security Agreement (United Stationers Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge (i) into the Borrower or a Wholly-Owned SubsidiarySubsidiary or (ii) in connection with a Permitted Acquisition.

Appears in 5 contracts

Samples: Three Year Credit Agreement (Coachmen Industries Inc), 364 Day Credit Agreement (Coachmen Industries Inc), Credit Agreement (Coachmen Industries Inc)

Merger. The Borrower will not, nor will it permit any Principal Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 5 contracts

Samples: Assignment Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Mge Energy Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or (a) merge, consolidate with or enter into any analogous reorganization or transaction with any other Person, except that for any merger of a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary of the Borrower or any Guarantor or (b) liquidate, wind up or dissolve itself (or suffer any liquidation, wind up or dissolution.

Appears in 5 contracts

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Merger. The Borrower will not, nor will it permit any ------ Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 4 contracts

Samples: Assignment Agreement (Gardner Denver Inc), Assignment Agreement (Gardner Denver Inc), Credit Agreement (Gardner Denver Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into with the Borrower or a Wholly-Owned Subsidiary, provided that the Borrower or a Wholly-Owned Subsidiary is the surviving corporation in any such merger or consolidation.

Appears in 4 contracts

Samples: Assignment Agreement (TBC Corp), Assignment Agreement (Yellow Corp), Revolving Credit Agreement (JPF Acquisition Corp)

Merger. The Neither the Borrower will notnor the General Partner will, nor will it they permit any Subsidiary (other than a Qualifying Investment Affiliate) to, merge or consolidate with or into any other Person, except that if no Default shall occur after giving effect to such merger, a Subsidiary may merge into the Borrower or another Subsidiary, and Borrower or General Partner may enter into a Wholly-Owned Subsidiarymerger in which such entity is the survivor.

Appears in 3 contracts

Samples: Credit Agreement (Amli Residential Properties Trust), Ratable Note (Amli Residential Properties Trust), Term Loan Agreement (Amli Residential Properties Trust)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into or consolidate with (i) the Borrower, with the Borrower as the surviving entity, or (ii) a Wholly-Owned Subsidiary.

Appears in 3 contracts

Samples: Credit Agreement (Viad Corp), Credit Agreement (Viad Corp), Credit Agreement (Viad Corp)

Merger. The No Borrower will notwill, nor will it the Company permit any other Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 3 contracts

Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Dental Co)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that,

Appears in 3 contracts

Samples: Year Revolving Credit Agreement (Arvinmeritor Inc), Day Credit Agreement (Arvinmeritor Inc), Day Credit Agreement (Arvinmeritor Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) in connection with a Permitted Acquisition, provided however in any such case, the Borrower or the applicable Wholly-Owned Subsidiary must be the surviving entity and after giving effect thereto no Default or Unmatured Default shall exist.

Appears in 3 contracts

Samples: Credit Agreement (Insurance Auto Auctions Inc /Ca), Credit Agreement (Insurance Auto Auctions Inc /Ca), Credit Agreement (Insurance Auto Auctions Inc /Ca)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 3 contracts

Samples: Credit Agreement (Airnet Systems Inc), Credit Agreement (Airnet Systems Inc), Credit Agreement (Airnet Systems Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may amalgamate, merge or consolidate with or into the Borrower or a Wholly-Owned Subsidiary.

Appears in 3 contracts

Samples: Credit Agreement (Alleghany Corp /De), Secured Credit Agreement (Wells Gardner Electronics Corp), Credit Agreement (Alleghany Corp /De)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a any Wholly-Owned Subsidiary.

Appears in 3 contracts

Samples: Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, the Borrower or a Subsidiary may merge with another Person to affect an Acquisition permitted by Section 6.14.

Appears in 3 contracts

Samples: Assignment Agreement (Unifab International Inc), Credit Agreement (Unifab International Inc), Credit Agreement (Superior Energy Services Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and except as provided in Sections 6.13(v) and (vi). 6.12.

Appears in 3 contracts

Samples: Credit Agreement (Kimball International Inc), Credit Agreement (Kimball International Inc), Credit Agreement (Kimball International Inc)

Merger. The Borrower will not, nor will it permit any Significant ------ Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that;

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Merger. The Borrower will not, nor will it permit Parent or any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Clark Inc), Credit Agreement (Clark Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary (subject to compliance with Section 6.25) and (ii) in connection with Permitted Acquisitions.

Appears in 2 contracts

Samples: Assignment Agreement (Centex Construction Products Inc), Credit Agreement (Centex Construction Products Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Wholly Owned SubsidiarySubsidiary that is party to the Guaranty and the Borrower may merge with or into any Person so long and the Borrower is the surviving Person.

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Corp /New/), Credit Agreement (Tesoro Corp /New/)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into with the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) the Borrower and any Subsidiary may merge or consolidate with or into any other Person provided that the Borrower or such Subsidiary shall be the continuing or surviving corporation and, after giving effect to such merger or consolidation, no Default or Unmatured Default shall exist.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Torchmark Corp), Assignment and Assumption Agreement (Torchmark Corp)

Merger. The Borrower will not, nor will it permit Parent or any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Clark/Bardes Holdings Inc), Credit Agreement (Clark/Bardes Holdings Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, except that a Subsidiary may merge merge, liquidate or dissolve into the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Plexus Corp), Credit Agreement (Plexus Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) Zenith shall merge into the Borrower as required under this Agreement, and Zenith shall be the surviving corporation.

Appears in 2 contracts

Samples: Assignment Agreement (Aetna Industries Inc), Assignment Agreement (Aetna Industries Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other PersonPerson or consummate a Division, except that a Subsidiary may merge into or consolidate with (i) the Borrower, with the Borrower as the surviving entity, or (ii) a Wholly-Owned Subsidiary, and except that a Subsidiary that is not a Credit Party may consummate a Division.

Appears in 2 contracts

Samples: Credit Agreement (Viad Corp), Credit Agreement (Viad Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, ------ merge or consolidate with or into any other Person, except (a) that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, and (b) as permitted in Section 6.13.

Appears in 2 contracts

Samples: Credit Agreement (Finish Line Inc /De/), Assignment Agreement (Finish Line Inc /De/)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary (other than Warrior) may merge into the Borrower or a Wholly-Owned Subsidiary, and the Borrower or a Subsidiary may merge with another Person to affect an Acquisition permitted by Section 6.15. The Parent will not merge or consolidate with or into any other Person.

Appears in 2 contracts

Samples: Credit Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary ------ to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into with the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) the Borrower and any Subsidiary may merge or consolidate with or into any other Person provided that the Borrower or such Subsidiary shall be the continuing or surviving corporation and, after giving effect to such merger or consolidation, no Default or Unmatured Default shall exist.

Appears in 2 contracts

Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, ------ merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Acquisition Credit Agreement (Transit Group Inc), Credit Agreement (Transit Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge (i) into the Borrower or a Wholly-Owned Subsidiary or (ii) in connection with a Permitted Acquisition or (iii) in connection with a disposition permitted hereunder, provided, that if a Guarantor merges with another Subsidiary, the surviving entity shall be a Guarantor other than in connection with a disposition of such Guarantor.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, and the Borrower or a Subsidiary may merge with another Person to affect an Acquisition permitted by Section 6.15. The Parent will not merge or consolidate with or into any other Person.

Appears in 2 contracts

Samples: Assignment Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (First Cash Financial Services Inc), Credit Agreement (First Cash Financial Services Inc)

Merger. The Borrower will not, nor will it permit any Significant ------ Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Merger. The Borrower will not, nor and the Borrower will it not permit any Subsidiary to, merge into or consolidate with or into any other Person, except that a Subsidiary may or permit any other Person to merge into the Borrower or a Wholly-Owned consolidate with it or such Subsidiary., or liquidate or dissolve itself, except that:

Appears in 2 contracts

Samples: Credit Agreement (Alleghany Corp /De), Credit Agreement (Alleghany Corp /De)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Wholly Owned SubsidiarySubsidiary that is party to the Guaranty.

Appears in 2 contracts

Samples: Credit Agreement (Tesoro Trading Co), Credit Agreement (Tesoro Petroleum Corp /New/)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower, with the Borrower as the surviving entity, or into a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Moneygram International Inc), Credit Agreement (Moneygram International Inc)

Merger. The Borrower will not, nor will it permit any Included Subsidiary to, merge or consolidate with or into any other Person, except that a an Included Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary which is also an Included Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Mego Mortgage Corp), Credit Agreement (Mego Mortgage Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge (i) into the Borrower or a Wholly-Owned Subsidiary or (ii) in connection with a Permitted Acquisition, provided, in each case, that (a) if a Guarantor merges with another Subsidiary, the surviving entity shall be a Guarantor and (b) a Domestic Subsidiary shall not merge into a Foreign Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Actuant Corp), Credit Agreement (Actuant Corp)

Merger. The Each Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary (including any Borrower) may merge into the another Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (MPW Industrial Services Group Inc), Credit Agreement (MPW Industrial Services Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into with the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Northland Cable Television Inc), Loan Agreement (Amcore Financial Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge with and into the Borrower or a Wholly-Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Tri State Outdoor Media Group Inc), Credit Agreement (Tri State Outdoor Media Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (x) the Borrower may consummate the Merger and (y) a Subsidiary may merge into the Borrower (with the Borrower as the surviving entity) or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Assignment Agreement (Interstate Energy Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (a) a Wholly-Owned Subsidiary may merge into the Borrower or a any Wholly-Owned Subsidiary.Subsidiary of the Borrower, (b) the Borrower or any Subsidiary may merge or consolidate with any other Person so long as the Borrower or such Subsidiary is the continuing or surviving corporation and, prior to and after giving effect to such

Appears in 1 contract

Samples: Credit Agreement (Dexter Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, or sell, convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired), except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (American Plumbing & Mechanical Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, (ii) that a Subsidiary may merge or consolidate with or into any other Person as part of a Permitted Acquisition, and (iii) any other Person may merge or consolidate with or into any Subsidiary or the Borrower as part of a Permitted Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Industrial Distribution Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge merge, amalgamate or consolidate with or into any other Person, except that a Subsidiary may merge or amalgamate into the Borrower or a Wholly-Owned SubsidiarySubsidiary of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Ipc Holdings LTD)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower, with the Borrower as the surviving entity, or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Moneygram International Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (a) a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and (b) the Borrower or any Subsidiary may merge or consolidate with any other Person provided that, prior to and after giving effect to such merger or consolidation, no Default or Event of Default shall exist.

Appears in 1 contract

Samples: Credit Agreement (Nasdaq Stock Market Inc)

Merger. The Parent Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge into the Parent Borrower or a Wholly-Owned SubsidiarySubsidiary (subject to compliance with Section 6.25) and (ii) in connection with Permitted Acquisitions.

Appears in 1 contract

Samples: Credit Agreement (Centex Construction Products Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary toSubsidiary, to merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.that:

Appears in 1 contract

Samples: Credit Agreement (Lone Star Industries Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, (i) unless the Borrower is the surviving entity and (ii) except that a Subsidiary may merge into or consolidate with the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Assignment Agreement (Hutchinson Technology Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other PersonPerson unless the Borrower (with respect to mergers or consolidations involving the Borrower) or a Subsidiary (with respect to mergers or consolidations not involving the Borrower) is the surviving corporation, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Assignment Agreement (Wam Net Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that except: (i) any merger of a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, and (ii) any consolidation or merger in which the Borrower is the surviving entity and the shareholders of the Borrower prior to such consolidation or merger will control a majority of the Borrower's voting stock upon the closing of such consolidation or merger.

Appears in 1 contract

Samples: Assignment Agreement (Syncor International Corp /De/)

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Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge (i) into the Borrower or a Wholly-Owned Subsidiary or (ii) in connection with a Permitted Acquisition, provided, in each case, that if a Guarantor merges with another Subsidiary, the surviving entity shall be a Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Bio Rad Laboratories Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, or liquidate or dissolve, or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, except that a Subsidiary may merge merge, consolidate, liquidate or dissolve into the Borrower or a Wholly-Owned (with the Borrower being the survivor thereof, and with the Borrower being the survivor of any merger with Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (New Age Beverages Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary other than an Excluded Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Gulf Island Fabrication Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a (i) Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.Subsidiary and (ii) the Borrower or a Subsidiary may merge, consolidate or amalgamate with any other Person in connection with an Acquisition, provided that such Acquisition is permitted by

Appears in 1 contract

Samples: Credit Agreement (Covansys Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, and (ii) so long as such a merger does not result in a Change in Control or otherwise violate any provision of this Agreement, the Borrower or any Subsidiary may merge with another Person so long as the Borrower or the applicable Subsidiary is the surviving entity.

Appears in 1 contract

Samples: Credit Agreement (Prism Financial Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary ------ to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Qad Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, ------ merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into with the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) the Borrower and any Subsidiary may merge or consolidate with or into any other Person provided that the Borrower or such Subsidiary shall be the continuing or surviving corporation and, after giving effect to such merger or consolidation, no Default or Unmatured Default shall exist.

Appears in 1 contract

Samples: Assignment Agreement (Torchmark Corp)

Merger. The Borrower will not, nor will it permit any Significant Subsidiary to, merge or consolidate with or into any other Person, except that a Significant Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Central Newspapers Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into with the Borrower or a Wholly-Owned Subsidiary and (ii) the Borrower or a Subsidiary may merge or consolidate with any other Person pursuant to a Permitted Acquisition, provided that (a) the Borrower or such Subsidiary, as applicable shall be the surviving entity and (b) after giving effect thereto, no Default or Unmatured Default shall exist.

Appears in 1 contract

Samples: Security Agreement (Pronet Inc /De/)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and a Permitted Acquisition may be consummated as a merger.

Appears in 1 contract

Samples: Credit Agreement (Magnetek Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary ------ to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, and (ii) the Borrower may merge into another domestic corporation that assumes in writing all Obligations of the Borrower hereunder and whose debt instruments have received a credit rating of A- and A-3 by Standard and Poors and Xxxxx'x Investors Services, respectively.

Appears in 1 contract

Samples: Assignment Agreement (Alliant Energy Corp)

Merger. The Borrower will not, nor will it permit any ------ Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge with and into the Borrower or a Wholly-Wholly- Owned SubsidiarySubsidiary and (ii) pursuant to a Permitted Acquisition.

Appears in 1 contract

Samples: Revolving Credit Agreement (BDM International Inc /De)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge into with the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) the Borrower may merge with another Person; provided that (a) the Borrower is the surviving entity, and (b) immediately before and after the consummation of such transaction, no Default or Unmatured Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Assignment Agreement (Banknorth Group Inc /New/ /De/)

Merger. The Borrower Borrowers will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that for mergers in which a Borrower is the surviving Person or any merger of a Subsidiary may merge with or into the a Borrower or a Wholly-Owned SubsidiarySubsidiary of a Borrower.

Appears in 1 contract

Samples: Term Loan Agreement (Guild Holdings Co)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other PersonPerson without prior written notice to Lender, except that a Subsidiary of the Borrower may merge into the Borrower or with a Wholly-Wholly Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into (i) the Borrower, with the Borrower as the surviving entity, or (ii) a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Viad Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary or a Subsidiary Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Caribou Coffee Company, Inc.)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge (i) into the Borrower or a Wholly-Wholly Owned SubsidiarySubsidiary or (ii) in connection with a Permitted Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Coachmen Industries Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, (unless Required Lenders agree otherwise, in their sole discretion) merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Ennis Business Forms Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge merge, amalgamate or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary of the Borrower.

Appears in 1 contract

Samples: Assignment Agreement (Ipc Holdings LTD)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) as permitted under Section 6.14(iv).

Appears in 1 contract

Samples: Credit Agreement (Hurco Companies Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiaryWholly‑Owned Subsidiary and except as provided in Sections 6.13(v) and (vi).

Appears in 1 contract

Samples: Credit Agreement (Kimball International Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary of the Borrower.

Appears in 1 contract

Samples: Assignment Agreement (Newpark Resources Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that except: (1) any merger of a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, and (2) any consolidation or merger in which the Borrower is the surviving entity and the shareholders of the Borrower prior to such consolidation or merger will control a majority of the Borrower's voting stock upon the closing of such consolidation or merger.

Appears in 1 contract

Samples: Credit Agreement (Sos Staffing Services Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, the Borrower or a Subsidiary may merge with another Person to affect an Acquisition permitted by Section 6.14. The Parent will not merge or consolidate with or into any other Person.

Appears in 1 contract

Samples: Assignment Agreement (Superior Energy Services Inc)

Merger. The Borrower will not, nor will it permit any ------ Subsidiary to, merge or consolidate with or into any other Person, except that (i) a Subsidiary may merge into with the Borrower or a Wholly-Owned SubsidiarySubsidiary and (ii) the Borrower and any Subsidiary may merge or consolidate with or into any other Person provided that the Borrower or such Subsidiary shall be the continuing or surviving corporation and, after giving effect to such merger or consolidation, no Default or Unmatured Default shall exist.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a any Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiaryBorrower.

Appears in 1 contract

Samples: Credit Agreement (Dmi Furniture Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary ------ to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, or change its legal name or status as a corporation, limited liability or partnership, as applicable, without the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Transit Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.; provided however in any such case, the Borrower or the applicable Wholly-Owned Subsidiary must be the surviving entity and after giving effect thereto no Default or Unmatured Default shall exist. SIDLEY AXXXXX XXXXX & WXXX LLP

Appears in 1 contract

Samples: Credit Agreement (FBL Financial Group Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary, the Borrower or a Subsidiary may merge with another Person to affect an Acquisition permitted by Section 6.16. The Parent will not merge or consolidate with or into any other Person.

Appears in 1 contract

Samples: Credit Agreement (Superior Energy Services Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower (provided the Borrower is the surviving corporation) or a Wholly-Owned Subsidiary.Wholly-

Appears in 1 contract

Samples: Assignment Agreement (Pioneer Standard Electronics Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that (a) a Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary and (b) the Borrower or any Subsidiary may from time to time be party to a merger in connection with an Acquisition by the Borrower or such Subsidiary that is permitted under Section 6.14, so long as the Borrower or such Subsidiary is the survivor of such merger.

Appears in 1 contract

Samples: Credit Agreement (Patterson Dental Co)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except (i) that a Subsidiary may merge with and into the Borrower or Borrower, and (ii) that a Wholly-Owned Subsidiary may merge with a Restricted Subsidiary (provided, that the survivor of any such merger is also a Restricted Subsidiary).

Appears in 1 contract

Samples: Credit Agreement (Jason Inc)

Merger. The Borrower will not, nor will it permit any Subsidiary to, of Borrower to merge or consolidate with or into any other Person, except that a so long as no Default or Unmatured Default has occurred and is continuing or would be caused thereby, any Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary toof its Subsidiaries to dissolve, liquidate, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

Merger. The Borrower will not, nor will it permit any Subsidiary to, merge or consolidate with or into any other Person, except that a Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary; provided, however in any such case, the Borrower or the applicable Wholly-Owned Subsidiary must be the surviving entity and after giving effect thereto no Default or Unmatured Default shall exist.

Appears in 1 contract

Samples: Credit Agreement (Argonaut Group Inc)

Merger. The Borrower will not, nor will it permit any Consolidated ------ Subsidiary to, merge or consolidate with or into any other Person, except that a Consolidated Subsidiary may merge into the Borrower or a Wholly-Owned SubsidiarySubsidiary or with any other Person in connection with a Permitted Acquisition.

Appears in 1 contract

Samples: Assignment Agreement (Howmet International Inc)

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