Blocked Merger definition
Blocked Merger means the merger of the Blocked Borrower into the Borrower, following which the Borrower is the surviving entity and succeeds to all rights and obligations of the Blocked Borrower under the Loan Documents.
Bank Merger has the meaning set forth in Section 1.03.
Cash Merger has the meaning set forth in Section 5.04(b)(ii).
Permitted Merger means a merger between Group Companies provided that:
Company Merger has the meaning specified in the Recitals hereto.
Second Merger has the meaning set forth in the Recitals.