Consolidation and Merger; Asset Acquisitions. The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire in a transaction analogous in purpose or effect to a consolidation or merger all or substantially all the assets of any other Person.
Appears in 3 contracts
Samples: Credit and Security Agreement (Skymall Inc), Credit and Security Agreement (Sunrise Educational Services Inc), Credit and Security Agreement (Skymall Inc)
Consolidation and Merger; Asset Acquisitions. The Borrower Borrowers will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger merger) all or substantially all the assets of any other Person.
Appears in 2 contracts
Samples: Credit and Security Agreement (Emrise CORP), Credit and Security Agreement (Nu Kote Holding Inc /De/)
Consolidation and Merger; Asset Acquisitions. The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger merger) all or substantially all the assets of any other Person, except for the transactions contemplated by the Asset Purchase Agreement.
Appears in 1 contract
Consolidation and Merger; Asset Acquisitions. The Each Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger merger) all or substantially all the assets of any other Person.
Appears in 1 contract
Samples: Credit and Security Agreement (Microtel International Inc)
Consolidation and Merger; Asset Acquisitions. The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger merger) all or substantially all the assets of any other Person., unless:
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Brauns Fashions Corp)
