Common use of Liquidation or Merger Clause in Contracts

Liquidation or Merger. The Borrower shall not, and shall not permit any of the Borrower's Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Subsidiaries, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower or, in a merger in which the Borrower is not a party, its Subsidiary is the surviving corporation.

Liquidation or Merger. The Borrower shall not, and shall not permit any of the Borrower's its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more SubsidiariesSubsidiaries of the Borrower, or (iii) in connection with an Acquisition acquisition permitted hereunder effected by a merger in which the Borrower or, in a merger in which the Borrower is not a party, its a Subsidiary of the Borrower is the surviving corporation.

Liquidation or Merger. The Borrower shall not, and shall not permit any of the Borrower's its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Subsidiaries, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower or, in a merger in which the Borrower is not a party, its Subsidiary a Subsidiary, is the surviving corporation.

Liquidation or Merger. The Borrower shall not, and shall not permit any of the Borrower's its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more SubsidiariesSubsidiaries of the Borrower, or (iii) in connection with an Acquisition acquisition permitted hereunder effected by a merger in which the Borrower or, in a merger in which the Borrower is not a party, its a Subsidiary of the Borrower is the surviving corporation.. 60