Common use of Amalgamation Clause in Contracts

Amalgamation. The Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”, where used in this Agreement, will extend to and include the Secured Obligations of the amalgamated corporation.

Appears in 3 contracts

Sources: Credit Agreement (Pope & Talbot Inc /De/), General Security Agreement (Ascendia Brands, Inc.), General Security Agreement (Ascendia Brands, Inc.)

Amalgamation. The Without modifying any restriction on amalgamation contained in the Documents, the Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest Interests created by this Agreement will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term "Debtor", where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”"Liabilities", where used in this Agreement, will extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 2 contracts

Sources: General Security Agreement (Richardson Electronics LTD/De), General Security Agreement (Richardson Electronics LTD/De)

Amalgamation. The If any Debtor is a corporation, such Debtor acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will Interests of such Debtor shall extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”, where used in this Agreement, will shall extend to and include the amalgamated corporation, and (iii) the term “Secured ObligationsLiabilities”, where used in this Agreement, will shall extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 2 contracts

Sources: General Security Agreement (Psyence Biomedical Ltd.), General Security Agreement (Mad Catz Interactive Inc)

Amalgamation. The Debtor Borrower acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will Interests shall extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “DebtorBorrower”, where used in this Agreement, will shall extend to and include the amalgamated corporation, and (iii) the term “Secured ObligationsLiabilities”, where used in this Agreement, will shall extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 1 contract

Sources: General Security Agreement (Akanda Corp.)

Amalgamation. The If the Debtor is a corporation, the Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest security interests created by this Agreement will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term "Debtor", where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured "Obligations", where used in this Agreement, will extend to and include the Secured Obligations of the amalgamated corporation.

Appears in 1 contract

Sources: General Security Agreement (Iron Age Corp)

Amalgamation. The Debtor If the Borrower is a corporation, the Borrower acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will Interests shall extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”"the Borrower", where used in this Agreement, will shall extend to and include the amalgamated corporation, and (iii) the term "Secured Obligations”Liabilities", where used in this Agreement, will shall extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 1 contract

Sources: Convertible Loan Agreement

Amalgamation. The If the Debtor is a corporation, the Debtor acknowledges that if it amalgamates amalgamation with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest Interests created by this Agreement will extend to and include all the property and assets of the amalgamated amalgamation corporation and to any property or assets of the amalgamated amalgamation corporation thereafter owned or acquired, (ii) the term "Debtor', where used in this Agreement, Agreement will extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”"Liabilities", where used in this Agreement, Agreement will extend to and include the Secured Obligations Liabilities of the amalgamated amalgamation corporation.

Appears in 1 contract

Sources: General Security Agreement (Neutron Enterprises Inc)

Amalgamation. The Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”, where used in this Agreement, will extend to and include the each amalgamated corporation, and (iii) the term “Secured Obligations”, where used in this Agreement, will extend to and include the Secured Obligations of the each amalgamated corporation.

Appears in 1 contract

Sources: General Security Agreement (Realpage Inc)

Amalgamation. The If the Debtor is a corporation, the Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement Interests will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”, where used in this Agreement, will extend to and include the Secured Obligations of the amalgamated corporation.

Appears in 1 contract

Sources: General Security Agreement (Universal Security Instruments Inc)

Amalgamation. The If the Debtor is a corporation, the Debtor acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement Interests will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured ObligationsLiabilities”, where used in this Agreement, will extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 1 contract

Sources: Credit Agreement (Mirion Technologies, Inc.)

Amalgamation. The Debtor acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement Interests will extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured ObligationsLiabilities”, where used in this Agreement, will extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 1 contract

Sources: General Security Agreement (Royal Gold Inc)