Mergers; Sales of Assets. Sell all or substantially all of its property and assets to, or consolidate with or merge into, any other corporation, if the effect of such sale or merger would cause a “Default” or an “Event of Default” under this Agreement or the Indenture. The Seller shall promptly provide written notice to the Rating Agency of any such sale, consolidation or merger which would cause a “Default” or an “Event of Default” under this Agreement or the Indenture.
Mergers; Sales of Assets. The Borrower shall not merge or consolidate with any other corporation or sell, lease, transfer, or otherwise dispose of all or any substantial part of the assets of the Borrower or enter into any sale and leaseback transaction or arrangement with respect to any properties of the Borrower, change the name of the Borrower, or wind up, liquidate, or dissolve, or agree to do any of the foregoing, except that the Borrower may sell in the ordinary course of business assets or properties no longer necessary for the proper conduct of the business of the Borrower having a value amounting, in any single transaction, to not more than $50,000.00.
Mergers; Sales of Assets a) Except to the extent permitted by the last sentence of this subparagraph 8.(ad), liquidate or dissolve, or merge, consolidate with or into, or convey, transfer, lease, or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired), to any Person, or enter into any joint venture, partnership or other combination which involves the investment, sale, lease, loan, or other disposition of the business or all of the assets of Tenant and its Subsidiaries or so much thereof as, in the reasonable opinion of Landlord, constitutes a substantial portion of such business or assets.
Mergers; Sales of Assets. Merge or consolidate with or sell, assign, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of their assets (whether now owned or hereafter acquired) to, any Person or entity. The Borrower shall not sell, assign, lease or otherwise dispose of any of their assets, except in the ordinary course of business.
Mergers; Sales of Assets. Sale-Leasebacks and other Fundamental Changes), Section 6.04 (Investments, Loans, Advances, Guarantees and Acquisitions), Section 6.06 (Restricted Payments), Section 6.07 (Transactions with Affiliates), Section 6.11 (Amendments to Organic Documents), or Section 6.13 (
Mergers; Sales of Assets. Merge into or consolidate with any Person or assign, transfer, sell, or otherwise dispose of all or substantially all of its assets to any Person.
Mergers; Sales of Assets. Merge into or consolidate with, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) any of the Borrower Assets other than ordinary course sales or dispositions of the Borrower Assets in the conduct of its business and other than as contemplated in the Program Documents, provided, however, that in the event such ordinary course sale or transfer of Borrower Assets would result in a decrease in the aggregate Asset Value of Eligible Collateral (as set forth in the most recent Investor Report) equal to or greater than 10%, such sale shall be permitted only if the Borrower delivers to the Agent a certificate demonstrating compliance with the Borrowing Base Test after giving effect to such sale.
Mergers; Sales of Assets. (1) Merge or consolidate with any other Person or sell, lease, transfer, or otherwise dispose of all or any substantial part of its assets; (2) change its name; or (3) wind up, liquidate, or dissolve, except that Borrower and its Subsidiaries may, in the ordinary course of business, (a) sell inventory, (b) sell or dispose of other assets or properties no longer necessary for the proper conduct of the business of Borrower having an accounting book value, in any single transaction, to not more than $100,000 in the ordinary course of business, (c) enter into transactions that are secured by Permitted Liens, make Permitted Investments, and enter into other transactions that are otherwise permitted under Section 5.2 and that might constitute a transfer or disposition of assets, (d) transfers of assets that have an aggregate value of not more than $250,000 in any fiscal year, and (e) merge any Subsidiary into another Subsidiary or into Borrower.
Mergers; Sales of Assets. Sale-Leasebacks and other Fundamental Changes 56 SECTION 6.04. Investments, Loans, Advances, Guarantees and Acquisitions 57 SECTION 6.05. Hedging Agreements; Put Agreements 58 SECTION 6.06. Restricted Payments 58 SECTION 6.07. Transactions with Affiliates 58 SECTION 6.08. Restrictive Agreements 59 SECTION 6.09. Changes in Accounting Principles; Fiscal Year 59 SECTION 6.10. Lease Obligations 59 SECTION 6.11. Amendments to Organic Documents 59 SECTION 6.12. Financial Covenants 59 SECTION 6.13. Permitted Junior Debt and Amendments to Permitted Junior Debt Documents 60 Events of Default
Mergers; Sales of Assets. Sell all or substantially all of its property and assets to, or consolidate with or merge into, any other corporation, if the effect of such sale or merger would cause an Event of Default, Early Amortization Event, Unmatured Event of Default, Unmatured Early Amortization Event, Servicer Default or Unmatured Servicer Default under this Agreement or the Indenture. The Seller shall promptly provide written notice to each Rating Agency (if any Rating Agency then provides a rating on the Notes) of any such sale, consolidation or merger which would cause an Event of Default, Early Amortization Event, Unmatured Event of Default, Early Amortization EventServicer Default or Unmatured Servicer Default under this Agreement or the Indenture. Annex D (f) Accounting Changes. Make any material change (i) in accounting treatment and reporting practices except as permitted or required by GAAP, (ii) in tax reporting treatment except as permitted or required by law, (iii) in the calculation or presentation of financial and other information contained in any reports delivered hereunder, or (iv) in any financial policy of the Seller if such change could reasonably be expected to have an Adverse Effect on the Receivables or the collection thereof.
