Common use of No Liquidation Clause in Contracts

No Liquidation. Parent shall not, and shall not permit any of its subsidiaries to, adopt any plan of complete or partial liquidation or dissolution, restructuring, recapitalization or reorganization.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Tower Group, Inc.), Agreement and Plan of Merger (CastlePoint Holdings, Ltd.), Agreement and Plan of Merger (CastlePoint Holdings, Ltd.)

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No Liquidation. Parent shall not, and shall not permit any of its subsidiaries Significant Subsidiaries to, adopt any a plan of complete or partial liquidation or resolutions providing for or authorizing such a liquidation or a dissolution, restructuring, recapitalization or reorganization.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Traffix Inc), Arrangement Agreement (Tesco Corp), Arrangement Agreement (Nabors Industries LTD)

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