CONSOLIDATION, MERGER, CONVEYANCE AND LEASE Sample Clauses

CONSOLIDATION, MERGER, CONVEYANCE AND LEASE. Section 12.01. When May Company Merge or Transfer Assets Section 12.02. Successor to Be Substituted
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CONSOLIDATION, MERGER, CONVEYANCE AND LEASE. Sec. 13.01 Consolidation, merger, conveyance or lease of all property by Company permitted; conditions; execution of supplemental indenture by successor to Company .......
CONSOLIDATION, MERGER, CONVEYANCE AND LEASE. SECTION 15.01. Company may merge, consolidate, etc., upon certain terms..................... SECTION 15.02. Right of successor partnership.................
CONSOLIDATION, MERGER, CONVEYANCE AND LEASE. SECTION 15.01. Notwithstanding the provisions of Section 6.08 or any other provision of this Indenture, subject to the satisfaction of the conditions set forth in this Article 15. and further subject to the provisions of Section 9.05, if applicable, nothing shall prevent the consolidation or merger of the Company or any Subsidiary with or into any other limited partnership or limited partnerships or corporations lawfully entitled to acquire and operate all of the Mortgaged and Pledged Property, or shall prevent any sale, conveyance or lease of all or substantially all of the property of the Company or any Subsidiary to another person or persons, or shall prevent successive consolidations, mergers, sales, conveyances or leases to which the Company or any Subsidiary or any successor limited partnership or corporation shall be a party; provided, however, (1) that upon any such consolidation or merger of the Company and upon any such sale, conveyance or lease, the consolidated limited partnership or the surviving or acquiring companies or limited partnerships, or the transferee or lessee, as the case may be, shall execute prior to, or contemporaneously with, such transaction such instruments as in the Opinion of Counsel referred to in Section 15.03 are necessary or advisable to evidence the assumption by such consolidated limited partnership or the surviving or acquiring companies or limited partnerships, or transferee or lessee, as the case may be, of the due and punctual payment of the principal of, premium, if any, and interest on the Bonds and the due and punctual performance and observance of all the covenants and obligations of the Company under this Indenture; (2) that such transaction shall not disturb the continuance of the Lien of this Indenture on all the Mortgaged and Pledged Property; and (3) that immediately after giving effect to any such transaction, no Default or Event of Default shall have occurred and be continuing.

Related to CONSOLIDATION, MERGER, CONVEYANCE AND LEASE

  • Consolidation Merger Sale Conveyance and Lease SECTION 10.01. Company May Consolidate, etc.,

  • CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE SECTION 8.1. Company May Consolidate, Etc.,

  • CONSOLIDATION, MERGER, CONVEYANCE OR TRANSFER Section 801. Company May Consolidate, Etc.,

  • CONSOLIDATION, MERGER, SALE OR CONVEYANCE SECTION 9.1 Issuer May Consolidate, etc.,

  • Merger Sale Conveyance and Lease Section 10.01. Issuer May Consolidate on Certain Terms 44 Section 10.02. Issuer Successor to Be Substituted 44 Section 10.03. Guarantor May Consolidate on Certain Terms 44 Section 10.04. Guarantor Successor to Be Substituted 45 Section 10.05. Assumption by Guarantor 45

  • Consolidation; Merger The Company shall not, at any time after the date hereof, effect any merger or consolidation of the Company with or into, or a transfer of all or substantially all the assets of the Company to another entity (a "Consolidation Event") unless the resulting successor or acquiring entity (if not the Company) assumes by written instrument the obligation to deliver to the Investor such shares of stock and/or securities as the Investor is entitled to receive pursuant to this Agreement.

  • Effect of Merger, Consolidation, Etc At the option of the Holder, the sale, conveyance or disposition of all or substantially all of the assets of the Borrower, the effectuation by the Borrower of a transaction or series of related transactions in which more than 50% of the voting power of the Borrower is disposed of, or the consolidation, merger or other business combination of the Borrower with or into any other Person (as defined below) or Persons when the Borrower is not the survivor shall either: (i) be deemed to be an Event of Default (as defined in Article III) pursuant to which the Borrower shall be required to pay to the Holder upon the consummation of and as a condition to such transaction an amount equal to the Default Amount (as defined in Article III) or (ii) be treated pursuant to Section 1.6(b) hereof. “Person” shall mean any individual, corporation, limited liability company, partnership, association, trust or other entity or organization.

  • Limitation on Consolidation, Merger, Sale or Conveyance (i) The Guarantor will not, in one or a series of transactions, consolidate or amalgamate with or merge into any corporation or convey, lease, spin-off or transfer substantially all of its properties, assets or revenues to any person or entity (other than a direct or indirect Subsidiary of the Guarantor) or permit any person or entity (other than a direct or indirect Subsidiary of the Guarantor) to merge with or into it, unless:

  • Consolidation, Merger, etc In case the Corporation shall enter into any consolidation, merger, combination or other transaction in which the shares of Common Stock are exchanged for or changed into other stock or securities, cash and/or any other property, then in any such case each share of Series A Preferred Stock shall at the same time be similarly exchanged or changed into an amount per share, subject to the provision for adjustment hereinafter set forth, equal to 100 times the aggregate amount of stock, securities, cash and/or any other property (payable in kind), as the case may be, into which or for which each share of Common Stock is changed or exchanged. In the event the Corporation shall at any time declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the amount set forth in the preceding sentence with respect to the exchange or change of shares of Series A Preferred Stock shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

  • Consolidation, Merger or Sale In case of any consolidation of the Company with, or merger of the Company into any other corporation, or in case of any sale or conveyance of all or substantially all of the assets of the Company other than in connection with a plan of complete liquidation of the Company, then as a condition of such consolidation, merger or sale or conveyance, adequate provision will be made whereby the holder of this Warrant will have the right to acquire and receive upon exercise of this Warrant in lieu of the shares of Common Stock immediately theretofore acquirable upon the exercise of this Warrant, such shares of stock, securities or assets as may be issued or payable with respect to or in exchange for the number of shares of Common Stock immediately theretofore acquirable and receivable upon exercise of this Warrant had such consolidation, merger or sale or conveyance not taken place. In any such case, the Company will make appropriate provision to insure that the provisions of this Paragraph 4 hereof will thereafter be applicable as nearly as may be in relation to any shares of stock or securities thereafter deliverable upon the exercise of this Warrant. The Company will not effect any consolidation, merger or sale or conveyance unless prior to the consummation thereof, the successor corporation (if other than the Company) assumes by written instrument the obligations under this Paragraph 4 and the obligations to deliver to the holder of this Warrant such shares of stock, securities or assets as, in accordance with the foregoing provisions, the holder may be entitled to acquire.

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