Common use of No Merger or Change in Control Clause in Contracts

No Merger or Change in Control. Neither AutoBond nor the Borrower shall have dissolved or liquidated or consolidated or merged with, or been wound up into, or sold, leased or otherwise disposed of all or substantially all of its Properties to, any Person (other than a merger into a wholly-owned Subsidiary for the purposes of reincorporation); unless the surviving or transferee entity has assumed all the obligations of AutoBond or the Borrower hereunder, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Autobond Acceptance Corp), Credit Agreement (Autobond Acceptance Corp)

AutoNDA by SimpleDocs

No Merger or Change in Control. Neither AutoBond nor the Borrower shall have dissolved or liquidated or consolidated or merged with, or been wound up into, or sold, leased or otherwise disposed of all or substantially all of its Properties to, any Person (other than a merger into a wholly-owned Subsidiary for the purposes of reincorporation); , unless the surviving or transferee entity has assumed all the obligations of AutoBond or the Borrower hereunder, as applicable.

Appears in 1 contract

Samples: Credit Agreement (Autobond Acceptance Corp)

AutoNDA by SimpleDocs

No Merger or Change in Control. Neither AutoBond nor the Borrower shall have dissolved or liquidated or consolidated or merged with, or been wound up into, or sold, leased or otherwise disposed of all or substantially all of its Properties to, any Person (other than a merger into a wholly-owned Subsidiary for the purposes of reincorporation); unless the surviving or transferee entity has assumed all the obligations of AutoBond or the Borrower hereunder, as applicable.any

Appears in 1 contract

Samples: Credit Agreement (Autobond Acceptance Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.