Examples of Approved Merger in a sentence
Borrower or any Guarantor which is not an individual voluntarily or involuntarily dissolves or is dissolved, or terminates its existence or has its existence terminated, except in connection with the Approved Merger or which does not adversely affect Lender’s first perfected security interest in the Collateral.
This Agreement shall be binding upon and, subject to this Section 13.12, inure to the benefit of the parties hereto and their respective successors and assigns, except that no Borrower may assign or transfer its rights hereunder or any interest herein or delegate its duties hereunder without the prior written consent of Lender or in connection with an Approved Merger.
This Agreement shall be binding upon and, subject to this Section 13.12, inure to the benefit of the parties hereto and their respective successors and assigns, except that no Borrower may assign or transfer its rights hereunder or any interest herein or delegate its duties hereunder without the prior written consent of Xxxxxx or in connection with an Approved Merger.
Any change in ownership of fifty percent (50%) or more of the equity ownership of Borrower, excluding however any transfers within the existing members of Borrower or in connection with the Approved Merger.
The use of fusion bonded epoxy-coated rebars, galvanized reinforcing bars, stainless steel bars, basalt bars, or fiber-reinforced polymer bars in lieu of mild steel deformed bars, will also increase the durability of concrete structures [Subramanian, 2016].
Furthermore, Borrower shall not amend or change its Articles of Organization, Code of Regulations, or Bylaws, except in connection with the Approved Merger.
Except in connection with the Approved Merger, engage in any transaction resulting in a change in ownership or control.
Developing An Alumni Relations Program for A Marketing Department.
Any transfer, sale, exchange, assignment, conveyance, lease, encumbrance or hypothecation of Borrower’s interest in the real property described in the Mortgage, except as otherwise permitted herein, in connection with the Approved Merger.
Except in connection with an Approved Merger, the Issuer or the Material Subsidiary suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or part of its business and such cessation or suspension will have a Material Adverse Effect.