Common use of Merger, Consolidation, Sale, Etc Clause in Contracts

Merger, Consolidation, Sale, Etc. So long as the Secured Note -------------------------------- remains Outstanding or any amounts due and owing by the Charterer with respect thereto to the Holders thereof under the Pass Through Trust Agreement or any other Operative Document remain unpaid and so long as the Charter Period shall not have expired or been terminated, the Charterer shall not consolidate with or merge into any other corporation or convey, transfer or lease substantially all of its assets as an entirety to any Person, unless:

Appears in 6 contracts

Samples: Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp)

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Merger, Consolidation, Sale, Etc. So long as any of the -------------------------------- Secured Note -------------------------------- remains Notes remain Outstanding or any amounts with respect thereto are due and owing by the Charterer with respect thereto to the Holders thereof Loan Participant under the Pass Through Trust Agreement or any other Operative Document remain unpaid and so long as the Charter Period Term shall not have expired or been terminated, the Charterer shall not consolidate with or merge with or into any other corporation or sell, assign, convey, transfer transfer, charter or lease otherwise dispose of all or substantially all of its assets as an entirety to any Person, unless:

Appears in 1 contract

Samples: Participation Agreement (Mobil Corp)

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