Common use of Borrower Merger Clause in Contracts

Borrower Merger. For so long as the Mortgage remains in force, the Borrower shall not consolidate with or merge into or with any other Person, and not convey, transfer, lease or otherwise dispose of all or substantially all of its property and other assets to, or acquire all or any substantial part of the property or other assets or capital stock of (if such acquisition is analogous in either purpose or effect to a consolidation or merger), any other Person, unless:

Borrower Merger. For so long as the Mortgage remains in force, the Borrower shall not consolidate with or merge into or --------------- with any other Person, and not convey, transfer, lease or otherwise dispose of all or substantially all of its property and other assets to, or acquire all or any substantial part of the property or other assets or capital stock of (if such acquisition is analogous in either purpose or effect to a consolidation or merger), any other Person, unless: