Common use of MERGER; DISSOLUTION Clause in Contracts

MERGER; DISSOLUTION. SALE OF ASSETS Enter into any transactions of merger or consolidation, or transfer, sell, assign, lease, or otherwise dispose of all or a substantial part of its properties or assets, or any of its notes or accounts receivable, or any assets or properties necessary or desirable for the proper conduct of its business, or change the nature of its business, or wind up, liquidate or dissolve, or agree to do any of the foregoing.

Appears in 1 contract

Sources: Loan Agreement (Reliv International Inc)

MERGER; DISSOLUTION. SALE OF ASSETS Enter into any transactions of merger or consolidation, or transfer, sell, assign, lease, or otherwise dispose of all or a substantial part of its properties or assets, or any of its notes or accounts receivable, or any assets or properties necessary or desirable for the proper conduct of its business, or change the nature of its business, or wind up, liquidate or dissolve, or agree to do any of the foregoing.desirable

Appears in 1 contract

Sources: Loan Agreement (Citation Computer Systems Inc)