Common use of Consolidations and Mergers Clause in Contracts

Consolidations and Mergers. No Borrower shall merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:

Appears in 14 contracts

Samples: Revolving Credit Agreement (Group 1 Automotive Inc), Revolving Credit Agreement (Group 1 Automotive Inc), Revolving Credit Agreement (Group 1 Automotive Inc)

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Consolidations and Mergers. No Borrower shall directly or indirectly, liquidate, dissolve, merge, amalgamate, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:

Appears in 5 contracts

Samples: Credit Agreement (McKesson Corp), Credit Agreement, Credit Agreement (McKesson Corp)

Consolidations and Mergers. No The Borrower shall mergewill not be able, in one or more related transactions, (x) consolidate or merge (as an acquiring or surviving company) with any other Person, nor (y) directly or intoindirectly transfer, or conveydeliver, transfersell, lease or otherwise in any other form dispose of (whether in one transaction or in a series of transactions) all or substantially of a substantial amount of all of its goods or assets (whether now owned or hereafter acquired) to or in favor of any Person, except, with respect to any of the transactions described in subsections (x) and (y) above, immediately after said transaction becomes legally enforceable:

Appears in 2 contracts

Samples: Agreement (Cemex Sa De Cv), Agreement (Cemex Sa De Cv)

Consolidations and Mergers. No The Borrower shall not, directly or indirectly, liquidate, dissolve, merge, amalgamate, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, exceptexcept that:

Appears in 1 contract

Samples: Credit Agreement (McKesson Corp)

Consolidations and Mergers. No Borrower nor any Subsidiary of any Borrower shall merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:

Appears in 1 contract

Samples: Security and Pledge Agreement (Asbury Automotive Group Inc)

Consolidations and Mergers. No The Borrower shall not merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) ), all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:.

Appears in 1 contract

Samples: Loan Agreement (Integrated Security Systems Inc)

Consolidations and Mergers. No The Borrower shall not merge, -------------------------- consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:except that the Borrower may merge or consolidate with another Person provided that (i) the Borrower is the continuing or surviving corporation and (ii) such merger or consolidation does not cause a Material Adverse Effect.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (Catellus Development Corp)

Consolidations and Mergers. No Borrower shall not merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:person or entity.

Appears in 1 contract

Samples: Loan Agreement (Bedford Property Investors Inc/Md)

Consolidations and Mergers. No Neither Borrower nor Member of Borrower shall mergedissolve or terminate, or merge or consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) ), all or substantially all of its assets Assets (whether now owned or hereafter acquired) ), to or in favor of any Person, except:.

Appears in 1 contract

Samples: Senior Loan Agreement (Maguire Properties Inc)

Consolidations and Mergers. No Borrower shall not merge, consolidate with or into, or convey, transfer, lease transfer or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any PersonPerson without the prior written consent of Lender, except:except that Borrower may merge or consolidate with any Subsidiary, provided that Borrower shall be the continuing or surviving entity.

Appears in 1 contract

Samples: Credit Agreement (Royal Hawaiian Orchards, L.P.)

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Consolidations and Mergers. No Borrower Borrower, without the prior written consent of Lender, shall not merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:.

Appears in 1 contract

Samples: Credit Agreement (Smithway Motor Xpress Corp)

Consolidations and Mergers. No Borrower shall merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) ), all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:

Appears in 1 contract

Samples: Credit Agreement (Scpie Holdings Inc)

Consolidations and Mergers. No The Borrower shall not merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:.

Appears in 1 contract

Samples: Credit Agreement (Amerco /Nv/)

Consolidations and Mergers. No The Borrower shall not merge, consolidate -------------------------- with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:except that the Borrower may merge with another Person provided that (i) the Borrower is the continuing or surviving corporation and (ii) such merger does not cause a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Loan Agreement (Catellus Development Corp)

Consolidations and Mergers. No Borrower The Borrower, shall mergenot, in one or more related transactions, (x) consolidate or merge (as merged or merging corporation) with any other Person, nor (y) directly or into, or conveyindirectly, transfer, deliver, sale, lease or otherwise in any other way dispose of (whether in one transaction or in a series of transactions) all or substantially all of its properties or assets (whether now owned or hereafter acquired) to or in favor of any another Person, exceptunless that, immediately after the transactions described in sections (x) and (y), becomes effective:

Appears in 1 contract

Samples: Loan Agreement (Innova S De Rl)

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