Changes In Form. (i) Transfer or dispose of substantially all of its assets, (ii) acquire substantially all of the assets of any other entity if a Default or an Event of Default has occurred and is then continuing or would occur as a result thereof, (iii) do business under or otherwise use any name other than its true name, (iv) make any material change in its business, structure, purposes or operations that might have a Material Adverse Effect on the Borrower or the Guarantor, or (v) participate in any merger, consolidation or other absorption (provided that any Subsidiary of the Borrower or the Guarantor may merge with and into the Borrower, the Guarantor or another Subsidiary so long as no Default or Event of Default has occurred and is then continuing or would occur as a result thereof).
Appears in 1 contract
Sources: Credit Agreement (GTJ REIT, Inc.)
Changes In Form. (i) Transfer or dispose of substantially all of its assets, (ii) acquire substantially all of the assets of any other entity if a Default or an Event of Default has occurred and is then continuing or would occur as a result thereof, (iii) do business under or otherwise use any name other than its true name, (iv) make any material change in its business, structure, purposes or operations that might have a Material Adverse Effect on the any Borrower or the GuarantorPremises, or (v) participate in any merger, consolidation or other absorption (provided that any Subsidiary of the each Borrower or the Guarantor may merge with and into the Borrower, the Guarantor such Borrower or another Subsidiary so long as no Default or Event of Default has occurred and is then continuing or would occur as a result thereof).
Appears in 1 contract
Sources: Credit Agreement (GTJ REIT, Inc.)