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

Consolidations, Mergers and Sales of Assets. Such Borrower will not consolidate or merge with or into any other Person (other than another Borrower) or reorganize its assets into series of a series corporation or entity, nor will such Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets to any other Person (other than another Borrower) except that such Borrower may sell its assets in the ordinary course of business as described in its Prospectus or SAI (if applicable).

Appears in 9 contracts

Samples: Credit Agreement (Blackrock Funds), Credit Agreement (BlackRock Series Fund, Inc.), Credit Agreement (Blackrock Funds)

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Consolidations, Mergers and Sales of Assets. Such The Borrower will not (i) consolidate or merge with or into any other Person or (other than another Borrowerii) or reorganize its assets into series of a series corporation or entity, nor will such Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets Substantial Assets to any other Person (other than another a Subsidiary of the Borrower) except ); provided that such the Borrower may sell its assets in merge with another Person if the ordinary course of business as described in its Prospectus or SAI (if applicable)Borrower is the Person surviving such merger and, after giving effect thereto, no Default shall have occurred and be continuing.

Appears in 8 contracts

Samples: Term Loan Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy CORP), Term Loan Credit Agreement (Duke Energy Progress, Llc.)

Consolidations, Mergers and Sales of Assets. Such The Borrower will not consolidate or merge with or into any other Person (other than another Borrower) or reorganize its assets into a non-series of a series corporation or entity, nor will such the Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets to any other Person (other than another Borrower) except that such Borrower may sell its assets in the ordinary course of business as described in its Prospectus or SAI (if applicable).that:

Appears in 5 contracts

Samples: Credit Agreement (Columbia Funds Variable Insurance Trust I), Credit Agreement (Columbia Funds Series Trust I), Credit Agreement (Columbia Funds Master Investment Trust, LLC)

Consolidations, Mergers and Sales of Assets. Such Borrower will not (i) consolidate or merge with or into any other Person or (other than another Borrowerii) or reorganize its assets into series of a series corporation or entity, nor will such Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets Substantial Assets to any other Person (other than another a Subsidiary of such Borrower) except ); provided that such Borrower may sell its assets in merge with another Person if such Borrower is the ordinary course of business as described in its Prospectus or SAI (if applicable)Person 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 Florida, Llc.), Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy CORP)

Consolidations, Mergers and Sales of Assets. Such Borrower will not consolidate or merge with or into any other Person (other than another Borrower) or reorganize its assets into a non-series of a series corporation or entity, nor will such Borrower sell, lease lease, or otherwise transfer, directly or indirectly, all or any substantial part of its assets to any other Person (other than another Borrower) except that such Borrower may sell its assets in the ordinary course of business as described in its Prospectus or SAI (if applicable).that:

Appears in 4 contracts

Samples: Credit Agreement (Usaa Tax Exempt Fund Inc), Credit Agreement (Usaa Investment Trust), Credit Agreement (Usaa Mutual Fund Inc)

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Consolidations, Mergers and Sales of Assets. Such Borrower will not consolidate or merge with or into any other Person (other than another Borrower) or reorganize its assets into series of a series corporation or entity, nor will such Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets to any other Person (other than another Borrower) except that such Borrower may sell its assets in the ordinary course of business as described in its Prospectus or SAI (if applicable)SAI.

Appears in 3 contracts

Samples: Credit Agreement (Master Focus Twenty Trust), Credit Agreement (Hotchkis & Wiley Variable Trust), Credit Agreement (Master Premier Growth Trust)

Consolidations, Mergers and Sales of Assets. Such Borrower will not consolidate or merge with or into any other Person (other than another Borrower) or ), reorganize its assets into one or more series of a series corporation or entityentity or effect a Division (or adopt a plan of division in furtherance thereof), nor will such Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets to any other Person (other than another Borrower) except that such Borrower may sell its assets in the ordinary course of business as described in its Prospectus or SAI (if applicable).

Appears in 3 contracts

Samples: Credit Agreement (BlackRock Series Fund II, Inc.), Credit Agreement (BlackRock Series Fund II, Inc.), Credit Agreement (BlackRock Series Fund II, Inc.)

Consolidations, Mergers and Sales of Assets. Such Borrower will not consolidate or merge with or into any other Person (other than another Borrower) or ), reorganize its assets into series of a series corporation or entityentity or effect a Division (or adopt a plan of division in furtherance thereof), nor will such Borrower sell, lease or otherwise transfer, directly or indirectly, all or any substantial part of its assets to any other Person (other than another Borrower) except that such Borrower may sell its assets in the ordinary course of business as described in its Prospectus or SAI (if applicable).

Appears in 3 contracts

Samples: Credit Agreement (BlackRock Variable Series Funds II, Inc.), Credit Agreement (Blackrock Funds), Credit Agreement (BlackRock Variable Series Funds II, Inc.)

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