Common use of The Grantors Clause in Contracts

The Grantors. (a) Except as permitted under the Indenture, each Grantor must preserve its limited liability company existence and will not, except as permitted by the Indenture, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets.

Appears in 3 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Patent Security and Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

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The Grantors. (a) Except as permitted under the Indenture, each Grantor must shall preserve its limited liability company existence and will not, except as permitted by the Indenture, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets.

Appears in 1 contract

Samples: Security Agreement (Vector Group LTD)

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