Common use of Mergers; Consolidations; Acquisitions Clause in Contracts

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; nor acquire, nor permit any of its Subsidiaries to acquire, all or any substantial part of the Properties of any Person.

Appears in 5 contracts

Samples: Loan and Security Agreement (Union Drilling Inc), Loan and Security Agreement (Northwestern Steel & Wire Co), Loan and Security Agreement (Zoom Telephonics Inc)

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Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; nor acquire, nor permit any of its Subsidiaries to acquire, or acquire all or any substantial part of the Properties of any Person.

Appears in 3 contracts

Samples: Loan Agreement (Seabulk International Inc), Loan Agreement (Seabulk International Inc), Term Loan and Security Agreement (Kimmins Corp/De)

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person, except a consolidation or merger involving only Borrower and one or more wholly owned Subsidiaries; nor acquire, nor permit any of its Subsidiaries to acquire, acquire all or any substantial part of the Properties of any Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/), Loan and Security Agreement (Brazos Sportswear Inc /De/)

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person, except a consolidation or merger between both Borrowers, or a Borrower and one or more wholly owned Subsidiaries; nor acquire, nor permit any of its Subsidiaries to acquire, acquire all or any substantial part of the Properties of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Cal Dive International Inc)

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; nor acquire, nor permit any of its Subsidiaries to acquire, all or any substantial part of the Properties Property of any Person, without Lender's prior written consent.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Supply Group Inc)

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of any Borrower to merge or consolidate, with any Person; nor or acquire, nor or permit any of its their respective Subsidiaries to acquire, all or any substantial part of the Properties of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Vista 2000 Inc)

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; nor or acquire, nor or permit any of its Subsidiaries to acquire, all or any substantial part of the Properties of any Person; PROVIDED, that any Subsidiary of Borrower may merge with and into any other Subsidiary of Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Color Spot Nurseries Inc)

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Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Parent or Borrower to merge or consolidate, with any Person; nor acquire, nor permit any of its Parent's or Borrower's Subsidiaries to acquire, all or any substantial part of the Properties of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Rowecom Inc)

Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person, except a consolidation or merger involving only a Borrower and one or more wholly owned Subsidiaries of a Borrower; nor acquire, nor permit any of its Subsidiaries to acquire, acquire all or any substantial part of the Properties of any Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/)

Mergers; Consolidations; Acquisitions. Merge or consolidateonsolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; nor acquire, nor permit any of its Subsidiaries to acquire, all or any substantial part of the Properties Property of any Person, without Lender's prior written consent.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Supply Group Inc)

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