Consolidation and Merger; Asset Acquisitions. Company shall not, and shall not permit any Subsidiary to, consolidate with or merge into any other entity, or permit any other entity to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all of the assets of any other entity.
Appears in 2 contracts
Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)
Consolidation and Merger; Asset Acquisitions. Company shall not, and shall not permit any Subsidiary to, consolidate with or merge into any other entity, or permit any other entity to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all of the assets of any other entity; provided that any Subsidiary of Company may merge with and into Company so long as Company is the surviving entity.
Appears in 2 contracts
Samples: Credit and Security Agreement (Iridex Corp), Credit and Security Agreement (Iridex Corp)
Consolidation and Merger; Asset Acquisitions. Company shall not, and shall not permit any Subsidiary to, consolidate or amalgamate with or merge into any other entity, or permit any other entity to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation consolidation, amalgamation or merger) all or substantially all of the assets of any other entity.
Appears in 2 contracts
Samples: Credit and Security Agreement (Tandy Brands Accessories Inc), Credit and Security Agreement (Tandy Brands Accessories Inc)
Consolidation and Merger; Asset Acquisitions. No Company shall not, and shall not permit any Subsidiary to, consolidate with or merge into any other entity, or permit any other entity to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all of the assets of any other entity.
Appears in 1 contract
Samples: Credit and Security Agreement (Adams Resources & Energy, Inc.)
Consolidation and Merger; Asset Acquisitions. Company shall not, and shall not permit any Subsidiary to, consolidate with or merge into any other entity, or permit any other entity to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all of the assets of any other entity, except for (i) any merger or consolidation of a Subsidiary into Company, with Company being the survivor thereof, and (ii) any merger or consolidation of a Subsidiary into another Subsidiary. Company shall not form or acquire any additional Subsidiary after the date of this Agreement.
Appears in 1 contract
Samples: Credit and Security Agreement (Physicians Formula Holdings, Inc.)
Consolidation and Merger; Asset Acquisitions. Company shall The Borrower will not, and shall will not permit any Subsidiary to, consolidate with or merge into any other entityPerson, or permit any other entity Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all of the assets of any other entityPerson, provided that any Subsidiary may be merged or consolidated with the Borrower (if the Borrower is the surviving corporation).
Appears in 1 contract
