Common use of Certain Significant Transactions Clause in Contracts

Certain Significant Transactions. During the one year period preceding the date of this Agreement, no Person shall have merged or consolidated with or into the Obligor, and no Person shall have liquidated into, or transferred all or substantially all of its assets to, the Obligor, except as described in Schedule “C”. With respect to any transactions so described in Schedule “C”, the Obligor shall have furnished such information with respect to the Person (and the assets of the Person and locations thereof) which merged with or into or consolidated with the Obligor, or was liquidated into or transferred all or substantially all of its assets to the Obligor, and shall have furnished to the Collateral Agent such PPSA lien searches as may have been requested with respect to such Person and its assets, to establish that no security interest (excluding Permitted Liens) continues perfected on the date hereof with respect to any Person described above (or the assets transferred to the Obligor by such Person).

Appears in 1 contract

Sources: Security Agreement (Bway Corp)

Certain Significant Transactions. During the one year period preceding the date of this Agreement, no Person shall have merged has merged, amalgamated or consolidated with or into the any Obligor, and no Person shall have has liquidated into, or transferred all or substantially all of its assets to, the any Obligor, except as described in Schedule “C”. With respect to any transactions so described in Schedule “C”, the each Obligor shall have furnished such information with respect to the Person (and the assets of the Person and locations thereof) which merged with or into or consolidated with the such Obligor, or was liquidated into or transferred all or substantially all of its assets to the such Obligor, and shall have furnished to the Collateral Agent such PPSA and UCC lien searches as may have been requested with respect to such Person and its assets, to establish that no security interest (excluding Permitted Liens) continues perfected on the date hereof with respect to any Person described above (or the assets transferred to the such Obligor by such Person).

Appears in 1 contract

Sources: Credit Agreement (Silgan Holdings Inc)

Certain Significant Transactions. During the one year period preceding the date of this Agreement, no Person shall have has merged or consolidated with or into the any Obligor, and no Person shall have has liquidated into, or transferred all or substantially all of its assets to, the any Obligor, except as described in Schedule “C”. With respect to any transactions so described in Schedule “C”, the each Obligor shall have furnished such information with respect to the Person (and the assets of the Person and locations thereof) which merged with or into or consolidated with the such Obligor, or was liquidated into or transferred all or substantially all of its assets to the such Obligor, and shall have furnished to the Collateral Agent such PPSA and UCC lien searches as may have been requested with respect to such Person and its assets, to establish that no security interest (excluding Permitted Liens) continues perfected on the date hereof with respect to any Person described above (or the assets transferred to the such Obligor by such Person).

Appears in 1 contract

Sources: Credit Agreement (Silgan Holdings Inc)