Merger Consummated Clause Samples
Merger Consummated. The conditions to the obligations of the Parent and CA Acquisition Corporation, a Florida corporation and a Wholly Owned Subsidiary of the Parent ("Acquisition Corp."), to consummate the Merger set forth in the Plan and Agreement of Merger, dated as of November 25, 1997 (the "Merger Agreement", a true and complete copy of which, together with all agreements delivered in connection therewith, is attached hereto as Annex I), among Cruise America, the Parent and Acquisition Corp. have been satisfied in all material respects (without amendment or waiver of, or other forbearance to exercise any rights with respect to, any of the material terms or provisions thereof by the Parent or Acquisition Corp.), and the Merger has been consummated in accordance with the terms thereof.
Merger Consummated. The Merger shall have been consummated.
Merger Consummated. The conditions to the obligations of the Parent and Acquisition Corp. to consummate the Merger set forth in the Plan and Agreement of Merger, dated as of November 25, 1997 (the "Merger Agreement"), among Cruise America, the Parent and Acquisition Corp. shall have been satisfied in all material respects (without amendment or waiver of, or other forbearance to exercise any rights with respect to, any of the material terms or provisions thereof by the Parent or Acquisition Corp.), and the Merger shall have been consummated in accordance with the terms thereof.
Merger Consummated. The transactions contemplated by the Merger Agreement and payments to be made thereunder shall have been consummated on the terms set forth in the Merger Agreement without a waiver by Borrower or its affiliates of any of the material provisions thereof and, without limitation of the foregoing, (i) the Merger Agreement Consideration shall not have increased above $190,000,000, (ii) the Merger Agreement Consideration shall not include the issuance of any indebtedness by Borrower or any of its affiliates, (iii) all indebtedness for borrowed money of CamberView and its affiliates shall be fully repaid concurrently with the consummation of the transactions contemplated by the Merger Agreement and (iv) immediately after the consummation of the transactions contemplated by the Merger Agreement, Borrower shall be in full compliance with the terms of the Loan Documents.