Common use of Amalgamation, Merger or Consolidation Clause in Contracts

Amalgamation, Merger or Consolidation. Such Debtor shall not permit any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, and no cash, securities or other property is distributed with respect to the outstanding shares of any other constituent corporation.

Amalgamation, Merger or Consolidation. Such Debtor shall not permit any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, Agreement and no cash, securities or other property is distributed with respect to the outstanding shares of any other constituent corporation.

Amalgamation, Merger or Consolidation. Such Debtor shall will not permit any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, and no cash, securities or other property is distributed with respect to the outstanding shares of any other constituent corporation.

Amalgamation, Merger or Consolidation. Such The Debtor shall will not permit any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, hereunder and no cash, securities or other property is distributed with in respect to of the outstanding shares of any other constituent corporation.

Amalgamation, Merger or Consolidation. Such Debtor The Borrower shall not permit permit, to the extent in the Borrower's capacity to control as shareholder, any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, Agreement and no cash, securities or other property is distributed with respect to the outstanding shares of any other constituent corporation.

Amalgamation, Merger or Consolidation. Such Debtor shall not permit any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, and no cash, securities or other property is distributed with respect to the outstanding shares of any other constituent corporation.

Amalgamation, Merger or Consolidation. Such Debtor the Borrower shall not permit permit, to the extent in the Borrower's capacity to control as shareholder, any Pledged Issuer of such Debtor to amalgamate, merge or consolidate unless all of the outstanding capital stock of the surviving or resulting corporation is, upon General Security Agreement such amalgamation, merger or consolidation, pledged under this Agreement, Agreement and no cash, securities or other property is distributed with respect to the outstanding shares of any other constituent corporation.