Common use of When Issuers May Merge or Transfer Assets Clause in Contracts

When Issuers May Merge or Transfer Assets. (a) Neither Globalstar nor Globalstar Capital may consolidate with or merge with or into, or convey, transfer or lease, in one transaction or a series of transactions, all or substantially all its assets to any Person; provided, however, that Globalstar may consolidate with or merge with or into, or convey, transfer or lease, in one transaction or a series of transactions, all or substantially all its assets to any Person, if:

Appears in 6 contracts

Samples: Indenture (Globalstar Telecommunications LTD), Indenture (Globalstar Capital Corp), Indenture (Globalstar Capital Corp)

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