Amalgamation/Merger. If the other Party or its Credit Support Provider undergoes a change of control, consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, another Entity, or another Entity transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, such other Party or its Credit Support Provider and:
Amalgamation/Merger. If the other Party or its Credit Support Provider undergoes a change of control, consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, another Entity, or another Entity transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, such other Party or its Credit Support Provider and:
(i) the creditworthiness of such Party, its Credit Support Provider or the resulting, surviving, transferee or successor Entity is materially weaker than that of the other Party or such Credit Support Provider, as the case may be, immediately prior to such action;
(ii) the resulting, surviving, transferee or successor Entity fails to assume all the obligations of that other Party or such Credit Support Provider under this Agreement or any Credit Support Document to which it or its predecessor was a party by either operation of lawor pursuant to an agreement reasonably satisfactory to the Requesting Party; or
(iii) the benefits of any Credit Support Document cease or fail to extend (without the consent of the Requesting Party) to the performance by such resulting, surviving, transferee or successor Entity of its obligations under this Agreement.
Amalgamation/Merger. If the other Party or its Credit Support Provider undergoes a change of control, consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, another Entity, or another Entity transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, such other Party or its Credit Support Provider and:
(i) Połączenie/fuzja: W stosunku do drugiej Strony lub jej Podmiotu Zabezpieczającego nastąpi zmiana kontroli, druga Strona lub jej Podmiot Zabezpieczający ulegnie konsolidacji, połączeniu lub fuzji z innym Podmiotem lub w inny Podmiot, przeniesie swój cały lub prawie cały majątek na rzecz innego Podmiotu, ulegnie reorganizacji lub przekształceniu w jakikolwiek inny Podmiot, bądź teŜ inny Podmiot przeniesie cały lub prawie cały swój majątek na taką drugą Stronę lub jej Podmiot Zabezpieczający lub ulegnie reorganizacji lub przekształceniu w taką drugą Stronę lub jej Podmiot Zabezpieczający, oraz:
(i) the creditworthiness of such Party, its Credit Support Provider or the resulting, surviving, transferee or successor Entity is materially weaker than that of the other Party or such Credit Support Provider, as the case may be, immediately prior to such action;
(i) zdolność kredytowa odpowiednio takiej Strony, jej Podmiotu Zabezpieczającego lub Podmiotu będącego następcą prawnym lub przejmującym majątek któregokolwiek z nich, Podmiotu pozostałego po przeprowadzeniu powyŜszych czynności lub powstałego w ich wyniku, będzie znacznie niŜsza od zdolności kredytowej drugiej Strony lub, w zaleŜności od sytuacji, takiego Podmiotu Zabezpieczającego, bezpośrednio przed dokonaniem powyŜszych czynności;
(ii) the resulting, surviving, transferee or successor Entity fails to assume all the obligations of that other Party or such Credit Support Provider under the Agreement or any Credit Support Document to which it or its predecessor was a party either by operation of law or pursuant to an agreement reasonably satisfactory to the Requesting Party; or.
Amalgamation/Merger. If any Grantor amalgamates or merges with one or more other entities, the Obligations and the security interest granted to the Collateral Agent pursuant to this Agreement shall continue as to the Obligations and the Collateral of such Grantor at the time of amalgamation or merger, and shall extend to the Obligations and the present and future Collateral of the amalgamated or merged entity, and the term Grantor shall extend to the amalgamated or merged entity, all as if the amalgamated or merged entity had executed this Agreement as such Grantor.
Amalgamation/Merger. If the other Party or its Credit Support Provider undergoes a change of control, consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, another Entity, or another Entity transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, such other Party or its Credit Support Provider and:
(i) the creditworthiness of such Party, its Credit Support Provider or the resulting, surviving, transferee or successor Entity is materially weaker than that of the other Party or such Credit Support Provider, as the case may be, immediately prior to such action;
Amalgamation/Merger. If the other Party or its Credit Support Provider undergoes a change of control, consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, another Entity, or another Entity transfers all or substantially all its assets to, or reorganises, incorporates, reincorporates, or reconstitutes into or as, such other Party or its Credit Support Provider and: (i) Integración/Fusión: Si la otra Parte o su Garante experimenta un cambio de control, se consolida o se integra con, o se fusiona con o en, o transfiere todos o sustancialmente todos sus activos a, o se reorganiza, constituye, vuelve a constituirse, o se reconstituye en o como, otra Entidad, o bien si otra Entidad transfiere todos o sustancialmente todos sus activos a, o se reorganiza, constituye, vuelve a constituirse, o se reconstituye en o como esa otra Parte o su Garante y:
(i) the creditworthiness of such Party, its Credit Support Provider or the resulting, surviving, transferee or successor Entity is materially weaker than that of the other Party or such Credit Support Provider, as the case may be, immediately prior to such action; (ii) the resulting, surviving, transferee or successor Entity fails to assume all the obligations of that other Party or such Credit Support Provider under this Agreement or any Credit Support Document to which it or its predecessor was a party by either operation of law or pursuant to an agreement reasonably satisfactory to the Requesting Party; or (i) la solvencia de dicha Parte, de su Garante o de la Entidad resultante, superviviente, cesionaria o sucesora es sustancialmente inferior a la de la otra Parte o de dicho Garante, según sea el caso, inmediatamente antes de dicha acción; (ii) la Entidad resultante, superviviente, cesionaria o sucesora no asume todas las obligaciones de esa otra Parte o de ese Garante en virtud del presente Contrato o de cualquier Garantía en los que ella o su antecesora fueran parte, ya sea en virtud de la ley o de un acuerdo razonablemente satisfactorio para la Parte Solicitante; o
Amalgamation/Merger. If any Pledgor is a corporation, such Pledgor acknowledges that if it amalgamates or merges with any other corporation or corporations, then (i) the Collateral and the Liens of such Pledgor created hereunder shall extend to and include all the property and assets of the amalgamated corporation and to any property or assets of the amalgamated corporation thereafter owned or acquired, (ii) the term “Pledgor”, where used in this Agreement, shall extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”, where used in this Agreement, shall extend to and include the Secured Obligations of the amalgamated corporation.
Amalgamation/Merger. 19 5.10 Sale of Business and Collateral.............................19 5.11 Change of Corporate Name....................................20 5.12 Subsidiary..................................................20 5.13 Forecast....................................................20 5.14
Amalgamation/Merger. IDB shall not directly or indirectly, by operation of law or otherwise, amalgamate or merge with, or consolidate with any Person where the same would result in a diminishing of the priority of the Security on the Collateral.
Amalgamation/Merger. TAKE-OVER LICENSOR undertakes in the event of an amalgamation or merger with or take-over by a Third Party of its business or any other restructuring or reorganisation thereof including disposal of its rights to the Software, to use its best endeavours to ensure that its obligations under the Agreement will be performed and, if applicable and so requested by SHELL, to procure that the Third Party or new legal entity succeeding LICENSOR will replace LICENSOR as a full party to the Agreement. In the event that the LICENSOR fails to arrange terms satisfactory to SHELL, then the terms of Article 14 shall apply.
