Common use of No Mergers Clause in Contracts

No Mergers. Neither Class GP Certificateholder shall consolidate with or merge into any Person or transfer all or any material amount of its assets to any Person (except as contemplated by the Transaction Documents) or liquidate or dissolve.

Appears in 3 contracts

Sources: Insurance and Indemnity Agreement (Olympic Financial LTD), Insurance and Indemnity Agreement (Olympic Financial LTD), Insurance and Indemnity Agreement (Olympic Financial LTD)