Common use of Fundamental Corporate Changes Clause in Contracts

Fundamental Corporate Changes. (a) Change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation), consolidation, share exchange involving in excess of 25% of the Borrower's capital stock, or dissolve.

Appears in 4 contracts

Samples: Loan Agreement (Blonder Tongue Laboratories Inc), Loan Agreement (Blonder Tongue Laboratories Inc), Fourth Amended and Restated Loan Agreement (Blonder Tongue Laboratories Inc)

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Fundamental Corporate Changes. (a) Change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization or other transaction of 25% of the Borrower's capital stocklike effect, or dissolve.;

Appears in 1 contract

Samples: Loan Agreement (Astropower Inc)

Fundamental Corporate Changes. (a) Change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization or other transaction of 25% of the Borrower's capital stocklike effect, or dissolve.; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Centocor Diagnostics Inc)

Fundamental Corporate Changes. (a) Change its any Borrower's name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess of 25% of the Borrower's capital stockreorganization or recapitalization, or dissolve., provided that any Borrower may merge into or consolidate with another Borrower;

Appears in 1 contract

Samples: Loan and Agency Agreement (Intermagnetics General Corp)

Fundamental Corporate Changes. (a) Change its namename or the name of any Subsidiary, or enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization, dissolution or other transaction of 25% of the Borrower's capital stocklike effect, as to itself or dissolve.any Subsidiary;

Appears in 1 contract

Samples: And Consolidated Loan Agreement (Selas Corp of America)

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Fundamental Corporate Changes. (a) Change change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization or other transaction of 25% of the Borrower's capital stocklike effect, or dissolve.;

Appears in 1 contract

Samples: Revolving Credit Agreement (Environmental Tectonics Corp)

Fundamental Corporate Changes. (a) Change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization or other transaction of 25% like effect, change its legal structure or state of the Borrower's capital stockincorporation, or dissolve.. 6.2

Appears in 1 contract

Samples: Term Loan and Line of Credit Loan Agreement (Dynasil Corp of America)

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