Common use of Consolidation, Merger, or Sale of Assets, etc Clause in Contracts

Consolidation, Merger, or Sale of Assets, etc. (a) WIL shall not, and shall not permit any consolidated Subsidiary to, merge into or consolidate or amalgamate with any other Person, or permit any other Person to merge into or consolidate or amalgamate with it, except that, if at the time thereof and immediately after giving effect thereto no Default or Event of Default shall have occurred and be continuing, WIL or any consolidated Subsidiary may merge into or consolidate or amalgamate with any other Person, or permit any other Person to merge into or consolidate or amalgamate with it, provided that:

Appears in 3 contracts

Samples: Credit Agreement (Weatherford International LTD), Credit Agreement (Weatherford International LTD), Credit Agreement (Weatherford International LTD)

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Consolidation, Merger, or Sale of Assets, etc. (a) WIL WIL-Switzerland shall not, and shall not permit any consolidated Subsidiary of its Consolidated Subsidiaries to, merge into or consolidate or amalgamate with any other Person, or permit any other Person to merge into or consolidate or amalgamate with it, except that, if at the time thereof and immediately after giving effect thereto no Default or Event of Default shall have occurred and be continuing, WIL WIL-Switzerland or any consolidated Consolidated Subsidiary may merge into or consolidate or amalgamate with any other Person, or permit any other Person to merge into or consolidate or amalgamate with it, provided that:

Appears in 3 contracts

Samples: Day Term Loan Agreement (Weatherford International Ltd./Switzerland), Term Loan Agreement (Weatherford International Ltd./Switzerland), Credit Agreement (Weatherford International Ltd./Switzerland)

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