Amalgamations and Mergers Sample Clauses

Amalgamations and Mergers. In the event that the Employer should merge, amalgamate or combine any of its operations or functions with another organization, the Employer will use its best efforts to ensure retention of all seniority and benefits currently enjoyed by its employees with the successor Employer. The Employer agrees, where possible, to include the Union in all discussions pertaining to the retention of seniority and benefits of the Union’s members.
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Amalgamations and Mergers. The Debtor acknowledges and agrees that in the event that it amalgamates or merges with any other Persons (which it is prohibited from doing without the prior written consent of the Secured Parties) then the Collateral and the Security Interest shall extend to and include all like property of the amalgamated or merged corporation and all references herein to the Debtor shall extend to and include the amalgamated or merged corporation and all references herein to Obligations shall extend to and include all of the debts, liabilities and obligations of every type and kind of the amalgamated or merged corporation.
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Amalgamations and Mergers. 21.01 Should CNS merge, amalgamate or combine any of its operations or functions with another organization or another division of the Canadian Corps of Commissionaires during the term of this Agreement which affects the employees covered by this Agreement, subject to the law of successor rights, CNS will use reasonable efforts to have the resulting legal entity employ the employees and integrate them into the operations of that legal entity and, to the extent that is reasonably practicable, not unduly interfere with the terms and conditions of employment of the employees as contained in this Agreement. 21.02 Should the Union change its name, affiliate or merge with any other union or group of unions, subject to the law of successor rights, the resulting legal entity shall be substituted for the Union as a party to this Agreement for the balance of its term.
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Amalgamations and Mergers. 73.1 Subject to Bye-law 73.2, the Company shall not engage in any amalgamation or merger unless such amalgamation or merger has been approved by a resolution of the Members including the affirmative votes of at least 66% of all votes attaching to all shares in issue entitling the holder to attend and vote on such resolution. 73.2 Bye-law 73.1 shall not apply in respect of any amalgamation or merger approved by the Board, and in respect of any amalgamation or merger approved by the Board which the Act requires to be approved by the Members, the necessary general meeting quorums and Members’ approval shall be as set out in Bye-laws 27 and 29. THIS SUB-SERVICING AGREEMENT dated as of March 27, 2021 (this “Agreement”), is by and between BBAM US LP, a Delaware limited partnership (“BBAM”), BBAM AVIATION SERVICES LIMITED, a company incorporated under the laws of Ireland (“BBAM Ireland” and together with BBAM, the “Servicers,” each a “Servicer”), CARLYLE AVIATION MANAGEMENT LIMITED (the “Sub-Servicer”), FLY LEASING LIMITED, a company incorporated under the laws of Bermuda (the “Company” or the “Indemnitor”), FLY LEASING MANAGEMENT CO. LIMITED, a company incorporated under the laws of Bermuda (with respect to Section 7 only) (the “Manager”) and CARLYLE AVIATION ELEVATE LTD., a Cayman Islands exempted company (the “Buyer”).
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Amalgamations and Mergers. In the event that the Employer should merge, amalgamate or combine any of its operations or functions with any other body or Agency, the Employer will use its best effort to ensure, it being understood that there is no guarantee: (i) retention of all seniority and benefits currently enjoyed by its employees with the successor Employer; (ii) all work and services now performed by members of the Canadian Union of Public Employees continues to be performed by CUPE members with the new Employer. The Employer shall keep the Union advised of the progress of any discussions it has regarding the above.
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Amalgamations and Mergers. The Seller shall not enter into any transaction of reorganization, amalgamation or arrangement, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution) or sell, lease or otherwise dispose of its assets as an entirety or substantially as an entirety, in each case without the prior written consent of the Purchaser, such consent not to be unreasonably withheld; it being acknowledged and agreed by the Purchaser that (x) this Section 5.3(b) shall not prohibit the Seller from amalgamating with any of its Subsidiaries or Affiliates unless such amalgamation would have a Material Adverse Effect; and (y) without limiting the requirements for the consent of the Purchaser, the Seller shall also give the Purchaser prompt written notice of any such transaction which the Purchaser shall in turn forward to the Note Rating Agencies.
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Related to Amalgamations and Mergers

  • Consolidation and Merger The Borrower will not (a) enter into any transaction of merger or (b) consolidate, liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution); provided that, so long as no Default or Event of Default shall exist or be caused thereby, a Person may be merged or consolidated with or into the Borrower so long as the Borrower shall be the continuing or surviving Person.

  • Mergers (a) The Trust may not consolidate, amalgamate, merge with or into, or be replaced by, or convey, transfer or lease its properties and assets substantially as an entirety to any corporation or other entity, except as described in Section 3.15(b) and (c) hereof. (b) The Trust may, with the consent of a majority of the Regular Trustees and without the consent of the Holders of the Trust Securities, the Property Trustee or the Delaware Trustee, consolidate, amalgamate, merge with or into, or be replaced by a trust organized as such under the laws of any State of the United States, or convey, transfer or lease its properties and assets substantially as an entirety to any corporation or other entity; provided, that: (i) if the Trust is not the survivor, such successor entity (the “Successor Entity”) either: (A) expressly assumes all of the obligations of the Trust to the Holders of the Trust Securities; or (B) substitutes for the Trust Securities other securities having substantially the same terms as the Trust Securities (the “Successor Trust Securities”) so long as the Successor Trust Securities rank the same as the Trust Securities rank with respect to Capital Payments, distributions and rights upon liquidation, redemption or otherwise; (ii) the Company expressly acknowledges a trustee of such Successor Entity possessing the same powers and duties as the Property Trustee as the holder of the Class B Preferred Securities; (iii) if applicable, the Successor Trust Securities are listed, or any Successor Trust Securities will be listed upon notification of issuance, on any securities exchange or other organization on which the Trust Preferred Securities are then listed or quoted, and the Successor Securities have at least the same rating as the Trust Preferred Securities; (iv) such merger, consolidation, amalgamation or replacement does not adversely affect the rights, preferences and privileges or tax treatment of the Holders of the Trust Preferred Securities (including any Successor Trust Securities) in any material respect; (v) such Successor Entity has purposes substantially identical to that of the Trust, (vi) such Successor Entity will be classified as a grantor trust for United States federal income tax purposes; (vii) the Guarantor guarantees the obligations of such Successor Entity under the Successor Trust Securities to the same extent as provided under the Trust Preferred Guarantee; (viii) prior to such merger, consolidation, amalgamation or replacement, the Bank has received an opinion of a nationally recognized law firm experienced in such matters to the effect that: (A) such merger, consolidation, amalgamation or replacement shall not adversely affect the rights, preferences and privileges or tax treatment of the Holders of the Trust Preferred Securities (including the Successor Trust Securities) in any material respect; (B) following such merger, consolidation, amalgamation or replacement, neither the Trust nor such Successor Entity shall be required to register under the 1940 Act; (C) following such merger, consolidation, amalgamation or replacement, the Trust (or such Successor Entity) shall be classified as a grantor trust for U.S. federal income tax purposes; and (D) following such merger, consolidation, amalgamation or replacement, the Company shall not be classified as an association or a publicly traded partnership taxable as a corporation for United States federal income tax purposes; and

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