Common use of SALE OF ASSETS, LIQUIDATION OR MERGER Clause in Contracts

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bank.

Appears in 1 contract

Samples: Loan Agreement (Quiksilver Inc)

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SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bankanother."

Appears in 1 contract

Samples: Loan Agreement (Aldila Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, mergerunallowable consolidation or merger where it is not the surviving entity and management team, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bankanother.

Appears in 1 contract

Samples: Loan Agreement (P-Com Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another not in excess of Five One Million Dollars ($5,000,0001,000,000) during the term of this agreement, without prior consent of Bankper year.

Appears in 1 contract

Samples: Loan Agreement (Educational Insights Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another, nor acquire the stock or assets of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bankbusiness or corporation.

Appears in 1 contract

Samples: Loan Agreement (Viasat Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five One Million Dollars ($5,000,0001,000,000) during the term of this agreement, without prior consent of Bankper year.

Appears in 1 contract

Samples: Loan Agreement (Educational Insights Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bank.,

Appears in 1 contract

Samples: Loan Agreement (Clontech Laboratories Inc)

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SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase purchase, acquire, or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bankanother.

Appears in 1 contract

Samples: Loan Agreement (Power Integrations Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, except as permitted under Section 5.6 without prior consent of Bankwritten Bank consent.

Appears in 1 contract

Samples: Loan Agreement (Remec Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bank.

Appears in 1 contract

Samples: Alternative Dispute Resolution Agreement (Power Integrations Inc)

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any consolidation, merger, partnership or other combination, nor convey, nor sell, nor sell or lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of another in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bankanother.

Appears in 1 contract

Samples: Loan Agreement (Specialty Laboratories)

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