Compliance with Consolidation Provisions. The Corporation shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer or lease all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Corporation or convey, transfer or lease substantially all of its properties and assets to the Corporation, unless the provisions of Article XII hereof are complied with.
Appears in 6 contracts
Samples: Indenture (Metropolitan Financial Corp /Oh/), Indenture (Apab Capital Trust I), Indenture (Metropolitan Financial Corp /Oh/)
Compliance with Consolidation Provisions. The Corporation shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convert into a different type of entity, or convey, transfer or lease all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Corporation or convey, transfer or lease substantially all of its properties and assets to the Corporation, unless the provisions of Article XII hereof are complied with.
Appears in 4 contracts
Samples: Indenture (Southern Community Financial Corp), Indenture (Carolina Bank Holdings Inc), Indenture (Southern Community Financial Corp)
Compliance with Consolidation Provisions. The Corporation Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer or lease all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge merger into the Corporation Company or convey, transfer or lease substantially all of its properties and assets to the CorporationCompany, unless the provisions of Article XII hereof are complied with.
Appears in 4 contracts
Samples: Indenture (Bankunited Capital Ii), Indenture (Bankunited Capital Iii), Indenture (Bankunited Capital Iii)
Compliance with Consolidation Provisions. The Corporation shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convert into a different type of entity, or convey, transfer or lease all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Corporation or convey, transfer or lease substantially all of its properties and assets to the Corporation, unless the provisions of Article XII XIII hereof are complied with.
Appears in 1 contract
Compliance with Consolidation Provisions. The Corporation Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer or lease all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Corporation Company or convey, transfer or lease substantially all of its properties and assets to the CorporationCompany, unless the provisions of Article ARTICLE XII hereof are complied with.
Appears in 1 contract
