Common use of Compliance with Consolidation Provisions Clause in Contracts

Compliance with Consolidation Provisions. The 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 Company or convey, transfer or lease substantially all of its properties and assets to the Company, unless the provisions of Article XII hereof are complied with.

Appears in 8 contracts

Samples: Indenture Indenture (Pennfirst Capital Trust I), Glacier Capital Trust I, Colorado Business Bankshares Capital Trust I

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Compliance with Consolidation Provisions. The Company shall not, while any of the Debentures remain outstandingOutstanding, consolidate with, or merge into, or merge into itself, sell or convey, transfer or lease convey all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Company or convey, transfer or lease substantially all of its properties and assets to the Company, company unless the provisions of Article XII hereof are complied with.

Appears in 8 contracts

Samples: Indenture (San Rafael Bancorp), Indenture (Alabama National Bancorporation), Indenture (BCSB Bankcorp Inc)

Compliance with Consolidation Provisions. The Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer sell or lease convey all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Company or convey, transfer or lease substantially all of its properties and assets to the Company, company unless the provisions of Article XII XIII hereof are complied with.

Appears in 6 contracts

Samples: Indenture (Bridge Bancorp Inc), Greater Atlantic Financial Corp, Ifc Capital Trust Ii

Compliance with Consolidation Provisions. The Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer sell or lease convey all or substantially all of its property and assets to to, any other entity and no entity shall consolidate with or merge into the Company or convey, transfer or lease substantially all of its properties and assets to the Companycompany, unless the provisions of Article XII hereof are complied with.

Appears in 3 contracts

Samples: Southwest Bancorp Inc, Southwest Bancorp Inc, Sbi Capital Trust

Compliance with Consolidation Provisions. The Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer sell or lease convey all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Company or convey, transfer or lease substantially all of its properties and assets to the Company, company unless the provisions of Article XII IX hereof are complied with.

Appears in 3 contracts

Samples: First Merchants Corp, First Merchants Corp, First Merchants Capital Trust I

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Compliance with Consolidation Provisions. The Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or convey, transfer sell or lease convey all or substantially all of its property and assets to any other entity and no entity shall consolidate with or merge into the Company or convey, transfer or lease substantially all of its properties and assets to the Company, company unless the provisions of Article XII hereof are complied with. SECTION 5.6.

Appears in 1 contract

Samples: Independent Capital Trust

Compliance with Consolidation Provisions. The Company shall not, while any of the Debentures remain outstanding, consolidate with, or merge into, or merge into itself, or sell, convey, transfer or lease all or substantially all of its property and or assets to to, any other entity and no entity shall consolidate with or merge into the Company or convey, transfer or lease substantially all of its properties and assets to the Company, company unless the provisions of Article XII hereof are complied with.

Appears in 1 contract

Samples: Indenture (Bankatlantic Bancorp Inc)

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