Common use of Consolidations, Mergers and Sales of Assets Clause in Contracts

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:

Appears in 7 contracts

Samples: Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)

AutoNDA by SimpleDocs

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if, unless:

Appears in 7 contracts

Samples: Agreement (Kinder Morgan Inc), Assignment and Assumption Agreement (K N Energy Inc), Credit Agreement (Kinder Morgan Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate Consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets if immediately after giving effect to another Person if:such merger (x) no Default shall exist, and (y) the Borrower is the surviving entity.

Appears in 7 contracts

Samples: Credit Agreement (Applied Materials Inc /De), Assignment and Assumption (Applied Materials Inc /De), Credit Agreement (Applied Materials Inc /De)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets Substantial Assets to any Person (other Personthan a Subsidiary); provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:if the Borrower is the corporation surviving such merger and, after giving effect thereto, no Default shall have occurred and be continuing.

Appears in 6 contracts

Samples: Credit Agreement (Duke Energy Corp), Assignment and Assumption Agreement (Duke Energy Corp), Day Credit Agreement (Duke Energy Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:, unless

Appears in 6 contracts

Samples: Credit Agreement (Tyco International LTD), Credit Agreement (Tyco International LTD /Ber/), Credit Agreement (Tyco International LTD)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets Substantial Assets to any Person (other Personthan a Subsidiary); provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:if the Borrower is the entity surviving such merger and, after giving effect thereto, no Default shall have occurred and be continuing.

Appears in 5 contracts

Samples: Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy Corp), Credit Agreement (Duke Energy Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will shall not (i) consolidate with or merge with or into any other Person corporation or (ii) sellconvey, transfer or lease or otherwise transfer, directly or indirectly, all or its properties and assets substantially all of its assets as an entirety to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if, unless:

Appears in 5 contracts

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

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all any substantial part of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that that, the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets if (A) the Borrower is the corporation surviving such merger and (B) immediately after giving effect to another Person if:such merger, no Default shall have occurred and be continuing.

Appears in 5 contracts

Samples: Credit Agreement (Hilton Hotels Corp), Term Credit Agreement (Hilton Hotels Corp), Term Credit Agreement (Hilton Hotels Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:if the Borrower is the surviving corporation and, after giving effect thereto, no Default exists.

Appears in 5 contracts

Samples: Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person (other than a Subsidiary of the Borrower) or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Chubb Corp), Medium Term Credit Agreement (Chubb Corp), Credit Agreement (Chubb Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (ia) consolidate or merge with or into any other Person person or (iib) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all any substantial part of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:person.

Appears in 4 contracts

Samples: Loan and Security Agreement (Versar Inc), Loan and Security Agreement (Widepoint Corp), Loan and Security Agreement (Versar Inc)

Consolidations, Mergers and Sales of Assets. (a) The No Borrower will not shall (i) consolidate or merge with or into any other Person or (ii) sell, lease sell or otherwise transfer, directly or indirectly, transfer all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:, except as otherwise contemplated in this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Altisource Residential Corp), Loan and Security Agreement (Front Yard Residential Corp), Loan and Security Agreement (Altisource Residential Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:.

Appears in 2 contracts

Samples: Credit Agreement (Wainoco Oil Corp), Revolving Credit Agreement (Security Capital Atlantic Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will shall not (i) consolidate with or merge with or into any other Person or convey, transfer or lease (iiwhether in one transaction or in a series of transactions) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its properties and assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of , unless Lender gives its assets to another Person ifprior written consent or:

Appears in 2 contracts

Samples: Loan Agreement (Baidu, Inc.), Loan Agreement (Baidu, Inc.)

Consolidations, Mergers and Sales of Assets. (a) The No Borrower will not shall (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:.

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Sutherland Asset Management Corp), Master Loan and Security Agreement (Sutherland Asset Management Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its the assets of the Borrower to any other Person; provided that , other than sales of assets in the Borrower may merge or consolidate with another Person or sell all or substantially all ordinary course of its assets to another Person if:business.

Appears in 2 contracts

Samples: Credit Agreement (Van Kampen American Capital Prime Rate Income Trust), Credit Agreement (Van Kampen Merritt Prime Rate Income Trust)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) merge or consolidate or merge with or into any other Person or (ii) sell, lease lease, transfer or otherwise transfer, directly or indirectly, dispose of all or substantially all of its assets to assets, property or business in any other Person; provided that the Borrower may merge single transaction or consolidate with another Person or sell all or substantially all series of its assets to another Person if:related transactions, unless

Appears in 2 contracts

Samples: Credit Agreement (Px Acquisition Corp), Credit Agreement (Praxair Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its the assets of the Borrower to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets if (A) the Borrower is the corporation surviving such merger and (B) immediately after giving effect to another Person if:such merger, no Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Ingersoll Rand Co), Credit Agreement (Ingersoll Rand Co)

AutoNDA by SimpleDocs

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate Consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets if immediately after giving effect to another Person if:such merger (x) no Default shall exist and (y) the Borrower is the surviving entity.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Applied Materials Inc /De), Term Loan Credit Agreement (Applied Materials Inc /De)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) merge or consolidate or merge with or into any other non-affiliated Person or (ii) sell, lease lease, transfer or otherwise transfer, directly or indirectly, all or dispose of substantially all of its assets as an entirety to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person ifunless:

Appears in 2 contracts

Samples: Bridge Loan Agreement (Pentair Inc), Credit Agreement (Pentair Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:, unless

Appears in 1 contract

Samples: Credit Agreement (Tyco International LTD /Ber/)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all any substantial part of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Summer Energy Holdings Inc)

Consolidations, Mergers and Sales of Assets. (a) The ------------------------------------------- Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:.

Appears in 1 contract

Samples: Revolving Credit Agreement (Security Capital Atlantic Inc)

Consolidations, Mergers and Sales of Assets. (a) The ------------------------------------------- Borrower will not (i) consolidate or merge with or into any other Person or (ii) except for Investments, sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all any substantial part of its assets to any Person other Person; provided that the than a Wholly-Owned Consolidated Subsidiary. The Borrower may will not permit any of its Subsidiaries to consolidate or merge with or consolidate with another Person into, or sell transfer all or substantially all any substantial part of its assets to another to, any Person if:other than the Borrower or a Wholly-Owned Consolidated Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Microstrategy Inc)

Consolidations, Mergers and Sales of Assets. No Borrower will, directly or indirectly (a) The Borrower will not (i) consolidate or merge or amalgamate with or into any other Person Person, other than pursuant to a Permitted Acquisition, or (iib) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its assets to consummate any Asset Dispositions other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:than Permitted Asset Dispositions.

Appears in 1 contract

Samples: Term Loan and Security Agreement (NxStage Medical, Inc.)

Consolidations, Mergers and Sales of Assets. (a) The Borrower ------------------------------------------- will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its the assets of the Borrower to any other PersonPerson or Persons; provided that the -------- Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:if (A) the Borrower is the entity surviving such merger and (B) after giving effect thereto, no Default shall have occurred.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may (A) merge or consolidate with another Person or if (1) the Borrower is the corporation surviving such merger and (2) immediately after giving effect to such merger, no Default shall have occurred and be continuing and (B) sell all or substantially all of its assets to another Person if:Margin Stock for fair value.

Appears in 1 contract

Samples: Credit Agreement (Rite Aid Corp)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its assets Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:if the

Appears in 1 contract

Samples: Credit Agreement (Litton Industries Inc)

Consolidations, Mergers and Sales of Assets. (a) The Borrower will not (i) except as provided in Section 5.04, consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, transfer all or substantially all of its assets to any other Person; provided that the Borrower may merge or consolidate with another Person or sell all or substantially all of its assets to another Person if:.

Appears in 1 contract

Samples: Five Year Credit Agreement (Commercial Credit Co)

Time is Money Join Law Insider Premium to draft better contracts faster.