No Dissolution, Etc. PanEnergy shall not authorize, recommend, propose or announce an intention to adopt a plan of complete or partial liquidation, dissolution, merger, consolidation, restructuring, recapitalization or other reorganization of PanEnergy or any of its Subsidiaries; provided that nothing in this Section 7.1(g) shall preclude any such transaction which involves only wholly-owned Subsidiaries of PanEnergy or the transactions permitted by Section 7.1(f) hereof.
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Sources: Merger Agreement (Panenergy Corp), Agreement and Plan of Merger (Duke Power Co /Nc/)
No Dissolution, Etc. PanEnergy shall not authorize, recommend, ------------------- propose or announce an intention to adopt a plan of complete or partial liquidation, dissolution, merger, consolidation, restructuring, recapitalization or other reorganization of PanEnergy or any of its Subsidiaries; provided that nothing in this Section 7.1(g) shall preclude any such transaction which involves only wholly-owned Subsidiaries of PanEnergy or the transactions permitted by Section 7.1(f) hereof.
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