Acquisitions and Mergers. The Borrower shall not merge or consolidate or transfer substantially all of their assets (other than in a reorganization or other transaction in which no change in control occurs and such organizations remain in the transportation business) without the prior written approval of the Lender.
Appears in 4 contracts
Samples: Loan Agreement and Security Agreement (Transit Group Inc), Loan Agreement (Transit Group Inc), Advised Revolving Line of Credit Agreement (Transit Group Inc)