Common use of Consolidation, Merger, Sale of Assets and Change of Control Clause in Contracts

Consolidation, Merger, Sale of Assets and Change of Control. Other than the transaction referenced in the Business Combination Agreement, neither Seller nor Guarantor shall (a) merge or consolidate or amalgamate, or Divide, liquidate, wind up or dissolve itself (or suffer any Division, liquidation, winding up or dissolution) unless, in the case of Guarantor (x) such merger, consolidation or amalgamation that does not result in a Change of Control or (y) Guarantor, is the sole surviving entity of such merger, consolidation or amalgamation or (b) sell all or substantially all of its assets.

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

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Consolidation, Merger, Sale of Assets and Change of Control. Other than the transaction referenced in the Business Combination Agreement, neither Each of Seller nor and Guarantor shall (a) not, merge or consolidate or amalgamate, or Divide, liquidate, wind up or dissolve itself (or suffer any Division, liquidation, winding up or dissolution) unlessor sell all or substantially all of its assets; provided, in the case of Guarantor that (x) such merger, consolidation or amalgamation that does not result in a Change of Control or (y) Seller or the Guarantor, as applicable, is the sole surviving entity of such merger, consolidation or amalgamation or (b) sell all or substantially all of its assetsamalgamation.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Consolidation, Merger, Sale of Assets and Change of Control. Other than the transaction referenced in the Business Combination Agreement, neither None of Seller nor or Guarantor shall (ai) merge or consolidate or amalgamate, or Dividedivide, liquidate, wind up or dissolve itself (or suffer any Divisiondivision, liquidation, winding up or dissolution) unless, in the case of Guarantor unless (x) such merger, consolidation or amalgamation that does not result in a Change of Control or (y) Guarantor, Seller or Guarantor (as applicable) is the sole surviving entity of such merger, consolidation or amalgamation amalgamation, or (bii) sell all or substantially all of its assets.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

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Consolidation, Merger, Sale of Assets and Change of Control. Other than the transaction referenced in the Business Combination Agreement, neither None of Seller nor or Guarantor shall (ai) merge or consolidate or amalgamate, or Dividedivide, liquidate, wind up or dissolve itself (or suffer any Divisiondivision, liquidation, winding up or dissolution) unless, in the case of Guarantor unless (x) such merger, consolidation or amalgamation that does not result in a Change of Control or (y) Seller or Guarantor, as applicable, is the sole surviving entity of such merger, consolidation or amalgamation amalgamation, or (bii) sell all or substantially all of its assets.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

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