Common use of Consolidation and Merger Clause in Contracts

Consolidation and Merger. Borrower will not consolidate with or merge into any other entity, or permit any other entity to merge into Borrower, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other entity.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Famous Daves of America Inc), Loan Agreement (Famous Daves of America Inc)

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Consolidation and Merger. Borrower will not consolidate with or merge ------------------------ into any other entity, Person or permit any other entity Person to consolidate with or merge into Borrower, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other entityit.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mego Financial Corp), Loan and Security Agreement (Mego Financial Corp), Loan and Security Agreement (Signature Resorts Inc)

Consolidation and Merger. No Borrower will not consolidate with or merge into any other entity, Person other than another Borrower or permit any other entity Person to consolidate with or merge into any Borrower, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other entity.

Appears in 2 contracts

Samples: Credit Agreement (Safeguard Scientifics Inc Et Al), Credit Agreement (Safeguard Scientifics Inc Et Al)

Consolidation and Merger. Borrower will not consolidate with or merge into any other entityperson, or permit any other entity person to merge into Borrowerit, 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.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (RathGibson Inc)

Consolidation and Merger. The Borrower will shall not consolidate with or merge into any other person or entity, or permit any other person or entity to merge into Borrower, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other entityit.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.), Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.)

Consolidation and Merger. The Borrower will shall not consolidate with or merge into any other entity, Person or permit any other entity Person to consolidate with or merge into Borrower, or acquire (it. The Borrower shall not permit a Change in a transaction analogous in purpose or effect Management to a consolidation or merger) all or substantially all the assets of any other entityoccur.

Appears in 1 contract

Samples: Loan and Security Agreement (Asc Holdings Inc)

Consolidation and Merger. No Borrower will not consolidate with or merge into any other entity, Person other than another Borrower or permit any other entity Person to consolidate with or merge into Borrower, or acquire (in any Borrower other than such consolidations and mergers as to which a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all Borrower is the assets of any other surviving entity.

Appears in 1 contract

Samples: Credit Agreement (Safeguard Scientifics Inc Et Al)

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Consolidation and Merger. Borrower will not consolidate with or merge into any other entity, Person or permit any other entity Person to consolidate with or merge into Borrower, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other entityit.

Appears in 1 contract

Samples: Loan Agreement (Mego Financial Corp)

Consolidation and Merger. Borrower will not consolidate with or merge into any other entityperson, or permit any other entity person to merge into Borrower, 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.

Appears in 1 contract

Samples: Reimbursement Agreement (Life Time Fitness Inc)

Consolidation and Merger. Neither Borrower will not consolidate with or merge into any other entityperson, or permit any other entity person to merge into Borrower, 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.

Appears in 1 contract

Samples: Loan Agreement (Landec Corp \Ca\)

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