Common use of Acquisitions, Mergers, and Dissolutions Clause in Contracts

Acquisitions, Mergers, and Dissolutions. Borrower shall not, and Borrower shall not permit any Subsidiary to, directly or indirectly, acquire all or any substantial portion of the property, assets, or stock of, or interest in, any Person, or merge or consolidate with any Person, or dissolve or liquidate except in the ordinary course of business without notifying Lender within thirty (30) days before the closing.

Appears in 10 contracts

Samples: Loan Agreement (Guaranty Bancshares Inc /Tx/), Loan Agreement (Guaranty Bancshares Inc /Tx/), Loan Agreement (Guaranty Bancshares Inc /Tx/)

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Acquisitions, Mergers, and Dissolutions. Borrower shall not, and Borrower shall not permit any Subsidiary to, directly or indirectly, acquire all or any substantial portion of the property, assets, or stock of, or interest in, any Person, or merge or consolidate with any Person, or dissolve or liquidate except in the ordinary course of business without notifying Lender within thirty (30) days before the closingclosing (provided such disclosure has been made public).

Appears in 3 contracts

Samples: Loan Agreement (First Financial Bankshares Inc), Loan Agreement (First Financial Bankshares Inc), Loan Agreement (First Financial Bankshares Inc)

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Acquisitions, Mergers, and Dissolutions. Except for the transaction(s) described in Section 2.01, Borrower shall not, and Borrower shall not permit any Subsidiary to, directly or indirectly, acquire all or any substantial portion of the property, assets, or stock of, or interest in, any Person, or merge or consolidate with any Person, or dissolve or liquidate except in the ordinary course of business without notifying Lender within thirty (30) days before the closing.

Appears in 1 contract

Samples: Loan Agreement (CBTX, Inc.)

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