Common use of Change of Legal Form of Business; Purchase of Assets Clause in Contracts

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any Person.

Appears in 4 contracts

Samples: Loan Agreement (Goldfield Corp), Loan Agreement (Goldfield Corp), Loan Agreement (Goldfield Corp)

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Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any Person.

Appears in 4 contracts

Samples: Loan Agreement (Goldfield Corp), Loan Agreement (Goldfield Corp), Loan Agreement (Goldfield Corp)

Change of Legal Form of Business; Purchase of Assets. Change each Borrower’s name or the legal form of such Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and no Borrower shall not purchase all or substantially all of the assets or business of any Person.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Hallwood Group Inc), Loan Agreement (Hallwood Group Inc)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s Borrowers’ name or the legal form of Borrower’s Borrowers’ business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower Borrowers shall not purchase all or substantially all of the assets or business of any Person.

Appears in 2 contracts

Samples: Loan Agreement (Sand Hills, Inc), Loan Agreement (Sand Hills, Inc)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any Person, provided that the Bank’s consent to any such actions shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Loan Agreement (Body Central Corp), Loan Agreement (Body Central Corp)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s 's name or the legal form of Borrower’s 's business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any Person.

Appears in 2 contracts

Samples: Loan Agreement (Gladstone Capital Corp), Loan Agreement (Industrial Services of America Inc /Fl)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise. In addition, and Borrower shall not purchase all or substantially all of the assets or business of any Person, unless such purchase (a) constitutes a Permitted Specified Transaction, and (b) is consensual and has been approved by the board of directors of such Person.

Appears in 1 contract

Samples: Loan Agreement (Applied Optoelectronics, Inc.)

Change of Legal Form of Business; Purchase of Assets. Change Neither Borrower shall change such Borrower’s name or the legal form of such Borrower’s business as shown above, whether by merger, consolidation, conversion conversion, or otherwise, and neither Borrower shall not purchase all or substantially all of the assets or business of any Person.;

Appears in 1 contract

Samples: Loan Agreement (Jushi Holdings Inc.)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s 's name or the legal form of Borrower’s 's business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not or purchase all or substantially all of the assets or business of any Person. 6.05. [Intentionally Deleted.] 6.06.

Appears in 1 contract

Samples: Loan Agreement (Uci Medical Affiliates Inc)

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Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name any Borrowers’ names or the legal form of Borrower’s business Borrowers’ businesses as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower Borrowers shall not purchase all or substantially all of the assets or business of any Person, or enter into any partnership with a third party.

Appears in 1 contract

Samples: Loan Agreement (Synalloy Corp)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any Person.;

Appears in 1 contract

Samples: Loan Agreement (Broad Street Realty, Inc.)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any PersonPerson without prior notification to the Bank.

Appears in 1 contract

Samples: Loan Agreement (Embrex Inc /Nc/)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s 's name or of the legal form of Borrower’s 's business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any Person.

Appears in 1 contract

Samples: T Loan Agreement (International Absorbents Inc)

Change of Legal Form of Business; Purchase of Assets. Change Borrower’s name or the legal form (other than converting from a subchapter-S corporation to a subchapter-C corporation) of Borrower’s business as shown above, whether by merger, consolidation, conversion or otherwise, and Borrower shall not purchase all or substantially all of the assets or business of any PersonPerson without prior written approval from the Bank.

Appears in 1 contract

Samples: Loan Agreement (Advisory Board Co)

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