Common use of Consolidation and Merger Clause in Contracts

Consolidation and Merger. Borrower will not without Lender’s consent 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 of the assets of any other person.

Appears in 8 contracts

Samples: Loan Agreement (SolarMax Technology, Inc.), Loan Agreement (SolarMax Technology, Inc.), Loan Agreement (SolarMax Technology, Inc.)

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Consolidation and Merger. The Borrower will not without Lender’s consent consolidate with or merge into any personPerson, or permit any other person Person to merge into it 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 personPerson.

Appears in 3 contracts

Samples: Loan Agreement (Wsi Industries, Inc.), Credit Agreement (Hia Inc), Loan Agreement (Wsi Industries Inc)

Consolidation and Merger. Borrower will not without Lender’s consent consolidate with or merge into any person, or permit any other person to merge into it 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 person.

Appears in 3 contracts

Samples: Loan Agreement (American Materials & Technologies Corp), Loan Agreement (Westerbeke Corp), Loan Agreement (Westerbeke Corp)

Consolidation and Merger. Borrower will not without Lender’s consent consolidate with or merge into any person, or permit any other person to merge into it 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 personperson without the prior written consent of Lender (which consent will not be unreasonably withheld) and Authority.

Appears in 1 contract

Samples: Master Loan Agreement

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Consolidation and Merger. The Borrower will not without Lender’s consent consolidate with or merge into any person, or permit any other person to merge into it 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 person.person without the prior written consent of the Lender (which consent will not be

Appears in 1 contract

Samples: Loan Agreement

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