Common use of Amalgamation Clause in Contracts

Amalgamation. The Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will 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 “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”, where used in this Agreement, will extend to and include the Secured Obligations of the amalgamated corporation.

Appears in 3 contracts

Samples: Credit Agreement (Pope & Talbot Inc /De/), General Security Agreement (Ascendia Brands, Inc.), General Security Agreement (Ascendia Brands, Inc.)

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Amalgamation. The If any Debtor is a corporation, such Debtor acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will Interests of such Debtor 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 “Debtor”, where used in this Agreement, will shall extend to and include the amalgamated corporation, and (iii) the term “Secured ObligationsLiabilities”, where used in this Agreement, will shall extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 2 contracts

Samples: General Security Agreement (Psyence Biomedical Ltd.), General Security Agreement (Mad Catz Interactive Inc)

Amalgamation. The Without modifying any restriction on amalgamation contained in the Documents, the Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest Interests created by this Agreement will 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 "Debtor", where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured Obligations”"Liabilities", where used in this Agreement, will extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 2 contracts

Samples: General Security Agreement (Richardson Electronics LTD/De), General Security Agreement (Richardson Electronics LTD/De)

Amalgamation. The Debtor acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement Interests will 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 “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporation, and (iii) the term “Secured ObligationsLiabilities”, where used in this Agreement, will extend to and include the Secured Obligations Liabilities of the amalgamated corporation.

Appears in 1 contract

Samples: General Security Agreement (Royal Gold Inc)

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Amalgamation. The If any Debtor is a corporation or other body corporate, such Debtor acknowledges that if it amalgamates or merges with any other corporation or corporations, to the extent permitted in the Credit Agreementcorporations or bodies corporate, then (i) the Collateral and the Security Interest created by this Agreement Interests of such Debtor will 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 “Debtor”, where used in this Agreement, will extend to and include the amalgamated corporationcorporation or other body corporate, and (iii) the term “Secured Obligations”, where used in this Agreement, will extend to and include the Secured Obligations of the amalgamated corporationcorporation or other body corporate.

Appears in 1 contract

Samples: Credit Agreement (Smurfit Stone Container Corp)

Amalgamation. The Debtor acknowledges that if it amalgamates with any other corporation or corporations, to the extent permitted in the Credit Agreement, then (i) the Collateral and the Security Interest created by this Agreement will 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 “Debtor”, where used in this Agreement, will extend to and include the each amalgamated corporation, and (iii) the term “Secured Obligations”, where used in this Agreement, will extend to and include the Secured Obligations of the each amalgamated corporation.

Appears in 1 contract

Samples: General Security Agreement (Realpage Inc)

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