Common use of Mergers; Dissolution Clause in Contracts

Mergers; Dissolution. No Borrower will merge or consolidate with or into any Person, unless such Borrower is the surviving entity; provided, however, no Borrower shall merge or consolidate with any other Borrower hereunder unless, prior to the effectiveness of any such merger or consolidation, such Borrower enter into such Loan Documents, or amendments to Loan Documents, as may be reasonably requested by the Administrative Agent. The Borrower shall not take any action to dissolve, liquidate, wind up, terminate, merge or consolidate the Borrower, including, without limitation, any action to sell or dispose of all or substantially all of the property of the Borrower. None of the Borrower, Administrator or Adviser will take any action to liquidate, dissolve or terminate the Borrower, including, without limitation, any action to sell or dispose of all or substantially all of the property of Borrower. No Borrower will effectuate a Delaware Division.