Common use of Mergers and Consolidations Clause in Contracts

Mergers and Consolidations. The Borrower will not, and will not allow or suffer any Subsidiary to, acquire, merge with or consolidate with any Person or acquire by purchase, lease or otherwise all or substantially all of the assets of any Person (whether or not such acquisition, merger or consolidation requires any capital expenditures on the part of the Borrower).

Appears in 6 contracts

Samples: Loan Agreement (GMX Resources Inc), Loan Agreement (GMX Resources Inc), Loan Agreement (GMX Resources Inc)

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Mergers and Consolidations. The Neither the Borrower nor any Subsidiary of the Borrower will not, and will not allow or suffer any Subsidiary to, acquire, merge with or consolidate with any other Person or acquire by purchasesell, lease transfer or otherwise convey all or substantially all of the assets of any Person (whether or not such acquisition, merger or consolidation requires any capital expenditures on the a substantial part of the Borrowerits Property or assets to any Person, except for Acquisitions permitted under Section 7.2(e).

Appears in 3 contracts

Samples: Credit Agreement (Staffmark Inc), Credit Agreement (Staffmark Inc), Credit Agreement (Staffmark Inc)

Mergers and Consolidations. The Borrower will not, and will not allow or suffer any Subsidiary to, acquire, merge with or consolidate with any Person or acquire by purchase, lease or otherwise all or substantially all of the assets of any Person (whether or not such acquisition, merger or consolidation requires any capital expenditures on the part of the Borrower), without in each case the prior written consent of Lender, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Loan Agreement (Exploration Co of Delaware Inc)

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Mergers and Consolidations. The Borrower will not, and will not allow or suffer any Subsidiary to, acquire, merge with or consolidate with any Person or acquire by purchase, lease or otherwise all or substantially all of the assets of any Person (whether or not such acquisition, merger or consolidation requires any capital expenditures on the part of the Borrower).

Appears in 1 contract

Samples: Loan Agreement (Venus Exploration Inc)

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