Common use of Restriction on Fundamental Changes; Asset Sales Clause in Contracts

Restriction on Fundamental Changes; Asset Sales. No Principal Company will, and no Principal Company will permit any of its Subsidiaries to, materially alter the organizational, capital or legal structure of such Principal Company or any of its Subsidiaries, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose of, in one transaction or a series of transactions, all or any part of its business or Property (including its notes or receivables and Capital Stock of a Subsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 2 contracts

Samples: Credit Agreement (Dialogic Inc.), Credit Agreement (Tennenbaum Capital Partners LLC)

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Restriction on Fundamental Changes; Asset Sales. No Principal Company willBorrower shall not, and no Principal Company will shall not permit any of its Subsidiaries to, materially alter the organizationalcorporate, capital or legal structure of such Principal Company Borrower or any of its Subsidiaries, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose dispose of, in one transaction or a series of transactions, all or any part of its business business, property or Property assets (including its notes or receivables and Capital Stock of a Subsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 2 contracts

Samples: Credit Agreement (Newmarket Corp), Credit Agreement (Thoratec Corp)

Restriction on Fundamental Changes; Asset Sales. No Principal Each of Holdings and Company willshall not, and no Principal Company will shall not permit any of its Subsidiaries to, materially alter the organizationalcorporate, capital or legal structure of such Principal Company or any other Subsidiary of its SubsidiariesHoldings, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose dispose of, in one transaction or a series of transactions, all or any part of its business business, property or Property assets (including its notes or receivables and Capital Stock of a Subsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Bare Escentuals Inc)

Restriction on Fundamental Changes; Asset Sales. No Principal The Company willwill not, and no Principal Company will not permit any of its Subsidiaries to, materially alter the organizational, capital or legal structure of such Principal the Company or any of its Subsidiaries, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose of, in one transaction or a series of transactions, all or any part of its business or Property (including its notes or receivables and Capital Stock of a Subsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Online Resources Corp)

Restriction on Fundamental Changes; Asset Sales. No Principal Company willBorrowers shall not, and no Principal Company will shall not permit any of its their respective Subsidiaries to, materially alter the organizational, capital or legal structure form of such Principal organization of Company or any of its Subsidiaries, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose ofdispose of (including by discount or compromise), in one transaction or a series of transactions, all or any part of its business business, property or Property assets (including its notes or receivables and Capital Stock of a Subsidiary, whether newly issued or outstanding)) or its interests in or claims against any Project, in each case whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Covanta Energy Corp

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Restriction on Fundamental Changes; Asset Sales. No Principal Company willEach of Parent and Borrower shall not, and no Principal Company will shall not permit any of its Subsidiaries to, materially alter the organizationalcorporate, capital or legal structure of such Principal Company Parent or any of its Subsidiaries, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any 122 liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose dispose of, in one transaction or a series of transactions, all or any part of its business business, property or Property assets (including its notes or receivables and Capital Stock of a Subsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Brand Energy & Infrastructure Services, Inc)

Restriction on Fundamental Changes; Asset Sales. No Principal Company willshall not, and no Principal Company will shall not permit any of its Subsidiaries to, materially alter the organizationalcorporate, capital or legal structure of such Principal Company or any of its Subsidiaries, or enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), transfer or otherwise Dispose dispose of, in one transaction or a series of transactions, all or any part of its business business, property or Property assets (including its notes or receivables and Capital Stock stock or other ownership interests of a Subsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

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