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

Restriction on Fundamental Changes; Asset Sales. Borrowers shall not, and shall not permit any of their Restricted Subsidiaries to, alter the corporate, capital or legal structure of Borrowers or any of their Restricted Subsidiaries or any Joint Venture, 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, property or assets (including its notes or receivables and Capital Stock of a Restricted Subsidiary or Joint Venture, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Farmland Industries Inc

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Restriction on Fundamental Changes; Asset Sales. Borrowers Neither Holdings nor Company shall, nor shall not, and shall not either of them permit any of their Restricted respective Subsidiaries to, alter the corporate, capital or legal structure of Borrowers Holdings, Company or any of their Restricted Subsidiaries or any Joint Venturerespective 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 sublease (as lessor or sublessor), transfer transfer, grant licenses in respect of, or otherwise dispose of, in one transaction or a series of transactions, all or any part of its business, property or assets (including its notes or receivables and Capital Stock of a Restricted Subsidiary or Joint VentureSubsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Maidenform Brands, Inc.)

Restriction on Fundamental Changes; Asset Sales. Borrowers shall not, and shall not permit any of their Restricted Subsidiaries to, alter the corporate, capital or legal structure of Borrowers or any of their Restricted Subsidiaries or any Joint Venture, 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, property or assets (including its notes or receivables and Capital Stock of a Restricted Subsidiary or Joint Venture, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Farmland Industries Inc)

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Restriction on Fundamental Changes; Asset Sales. Borrowers Parent shall not, and shall not permit any of their Restricted its Subsidiaries to, alter the corporate, capital or legal structure of Borrowers Parent or any of their Restricted Subsidiaries its Subsidiaries, form, create or acquire any Joint Venturenew Subsidiary after the date of this Agreement, 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, property or assets (including its notes or receivables and Capital Stock of a Restricted Subsidiary or Joint VentureSubsidiary, whether newly issued or outstanding), whether now owned or hereafter acquired, except:

Appears in 1 contract

Samples: Credit Agreement (Granite Broadcasting Corp)

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