Common use of Mergers and Sales of Assets Clause in Contracts

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 6 contracts

Samples: Revolving Credit Agreement (EQT Corp), Credit Agreement (EQT Corp), Assignment and Assumption (Equitable Resources Inc /Pa/)

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Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person; provided that the Borrower may merge with another Person or if (i) the Borrower is the corporation surviving such merger and (ii) after giving effect to such merger, no Default shall have occurred and be continuing. The Borrower and its Subsidiaries will not sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement (Trigon Healthcare Inc), Agreement (Trigon Healthcare Inc), Agreement (Trigon Healthcare Inc)

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or Person, (ii) sell, lease or otherwise transfer, directly or indirectlyindirectly (including any such transfer by way of merger or consolidation), all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; Person or Persons, provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 4 contracts

Samples: Credit Agreement (Galileo International Inc), Credit Agreement (Galileo International Inc), Credit Agreement (Galileo International Inc)

Mergers and Sales of Assets. The Borrower will not (ia) consolidate or merge with or into any other Person or (iib) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with any another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 3 contracts

Samples: Credit Agreement (EQT Corp), Term Loan Agreement (EQT Corp), Credit Agreement (EQT Corp)

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Dean Foods Co), Assignment and Assumption Agreement (Cisco Systems Inc)

Mergers and Sales of Assets. (a) The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, dispose of all or substantially all of the its assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (United Auto Group Inc)

Mergers and Sales of Assets. The Borrower will --------------------------- not (i) consolidate or merge with or into any other Person or (ii) except as permitted by Section 5.7, sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person (other than the Special Purpose Members) if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Bethlehem Steel Corp /De/)

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or Person, (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other PersonPerson or Persons; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.and

Appears in 1 contract

Samples: Credit Agreement (Quaker State Corp)

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Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or Person, (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other PersonPerson or Persons; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Quaker State Corp)

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that that, the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing. The Borrower will not sell, lease or otherwise transfer directly or indirectly, all or substantially all of its assets to any other Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Quaker State Corp)

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving 36 41 effect to such merger, no Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Dean Foods Co)

Mergers and Sales of Assets. The Borrower will not (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that providedthat the Borrower may merge with another Person if (x) the Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Cisco Systems Inc)

Mergers and Sales of Assets. The Such Borrower will not (i) --------------------------- consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer, directly or indirectly, all or substantially all any substantial part of the assets of the such Borrower and its Subsidiaries, taken as a whole, to any other Person; provided that the Borrower may merge with another Person if (x) the such -------- Borrower is the corporation surviving such merger and (y) after giving effect to such merger, no Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Financial Services Inc /Oh/)

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