Common use of Mergers; Sale of Assets Clause in Contracts

Mergers; Sale of Assets. (i) The Company will not merge or consolidate with or into any Person unless in each case the Company shall be the surviving corporation, except that the Company may consolidate with or merge into any other Person if such consolidation or merger is, in the opinion of Board of Directors of the Company, advantageous for tax or operational reasons (but not to effect the acquisition of or by, or consolidation with, any Person that is not already a Subsidiary of the Company), provided that:

Appears in 8 contracts

Samples: Five Year Credit Agreement (Goodrich Corp), Five Year Credit Agreement (Goodrich Corp), Three Year Credit Agreement (Goodrich Corp)

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