Restriction on Amalgamation etc. the Borrower shall not and shall not permit any of the other Loan Parties to enter into any transaction (other than a transaction involving only Loan Parties) whereby all or substantially all of its undertaking, property and assets would become the property of any other person (herein called a "Successor") whether by way of reconstruction, reorganization, recapitalization, consolidation, amalgamation, merger, transfer, sale or otherwise (each a "Transaction") unless:
Appears in 3 contracts
Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)
Restriction on Amalgamation etc. the The Borrower shall not not, and shall not permit any of the other Loan Parties to Borrower Group Member to, enter into any transaction (other than a transaction involving only Loan Parties) whereby all or substantially all of its undertaking, property and assets would become the property of any other person Person (herein called a "Successor") whether by way of reconstruction, reorganization, recapitalization, consolidation, amalgamation, dissolution, winding-up, merger, transfer, sale or otherwise (each a "Transaction") unlessunless all of the following conditions are met:
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement
Restriction on Amalgamation etc. the Borrower shall not and shall not permit any of the other Loan Parties to enter into any transaction (other than a transaction involving only Loan Parties) whereby all or substantially all of its undertaking, property and assets would become the property of any other person (herein called a "“Successor"”) whether by way of reconstruction, reorganization, recapitalization, consolidation, amalgamation, merger, transfer, sale or otherwise (each a "“Transaction"”) unless:
Appears in 2 contracts
Samples: Credit Agreement (Pengrowth Energy Trust), Credit Agreement (Pengrowth Energy Trust)
Restriction on Amalgamation etc. the Borrower shall not and shall not permit any of the other Loan Parties to enter into any transaction (other than a transaction involving only Loan Parties) whereby all or substantially all of its undertaking, property and assets would become the property of any other person (herein called a "“Successor"”) whether by way of reconstruction, reorganization, recapitalization, consolidation, amalgamation, merger, transfer, sale or otherwise (each a "“Transaction"”) unless:
Appears in 1 contract
