Common use of Change of Status Clause in Contracts

Change of Status. Guarantor shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Bank and (b) all Guarantor’s 's obligations under this Guaranty are assumed by the new business entity.

Change of Status. Guarantor shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Lender and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Administrative Agent and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Guarantor shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Bank and (b) all Guarantor’s 's obligations under this Guaranty are assumed by the new business entity.

Change of Status. Guarantor shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Lender and (b) all Guarantor’s obligations under this Guaranty are assumed in writing by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Bank and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Except as permitted by the Credit Agreement, no Guarantor shall not enter into any consolidation, merger, or other combination unless the Guarantor is the surviving business entity. Further, no Guarantor shall not change its legal structure unless (a) such Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, the Bank and (b) all such Guarantor’s 's obligations under this Guaranty are assumed by the new business entity.

Change of Status. Guarantor shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent Bank which may be reasonably conditioned but shall not to be unreasonably withheld, conditioned withheld or delayed, and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, the Administrative Agent and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor or another “Guarantor” as defined under the Credit Agreement is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Bank and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Lender and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entityentity or as otherwise permitted by Section 7.04 of the Credit Agreement. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, notifies Agent in advance and (b) all Guarantor’s obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Bank and (b) all Guarantor’s Guarantors’ obligations under this Guaranty are assumed by the new business entity.

Change of Status. Any Guarantor that is a business entity shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, Bank and (b) all Guarantor’s obligations of Guarantor under this Guaranty are assumed by the new business entity.

Change of Status. Guarantor shall not enter into any consolidation, merger, or other combination unless Guarantor is the surviving business entity. Further, Guarantor shall not change its legal structure unless (a) Guarantor obtains the prior written consent of Lender, such consent not to be unreasonably withheld, conditioned or delayed, and (b) all Guarantor’s 's obligations under this Guaranty are assumed by the new business entity.