Common use of Combinations Clause in Contracts

Combinations. Nothing in the Agreement shall preclude Commerce from combining, consolidating or merging into or with, or transferring all or substantially all of its assets to, another Person. In that event, such other Person shall assume this Agreement and all obligations of Commerce in this Agreement. Upon such a combination, consolidation, merger, or transfer of assets and assumption, the term “Commerce” as used in this Agreement, shall mean such other Person and this Agreement shall continue in full force and effect.

Combinations. Nothing in the Agreement shall preclude Commerce from combining, consolidating or merging into or with, with or transferring all or substantially all of its assets to, to another Person. Person (“Combination”). (a) In that eventthe event of a Combination, such other Person shall be deemed to assume this Agreement and all obligations of Commerce in this Agreement. . (b) Upon such a combination, consolidation, merger, or transfer of assets and assumptionCombination, the term “Commerce” as used in this Agreement, shall mean such other Person and this Agreement shall continue in full force and effect.