Common use of Corporate Changes Clause in Contracts

Corporate Changes. The Customer will not, without the prior written consent of IBM Credit, directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by Customer.

Appears in 11 contracts

Samples: Working Capital Financing and Term Loan Agreement (Radius Inc), Working Capital Financing and Term Loan Agreement (Ibm Credit Corp), Inventory and Working Capital Financing Agreement (Ameriquest Technologies Inc)

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Corporate Changes. The Customer will not, without the prior written consent of IBM Credit, directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by Customer, or Syscomm International Corporation, other than the initial public offering contemplated by Customer, or Syscomm International Corporation, and anticipated to occur prior to December 31, 1996.

Appears in 2 contracts

Samples: Financing Agreement (Syscomm International Corp), Financing Agreement (Syscomm International Corp)

Corporate Changes. The Customer will not, without the prior written consent of notice to IBM Credit, directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by Customer.

Appears in 1 contract

Samples: Agreement for Inventory Financing (Pc Connection Inc)

Corporate Changes. The Customer will not, not without the prior written consent of IBM Credit, directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by Customer.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pemstar Inc)

Corporate Changes. The Customer will not, without the prior written consent of IBM CreditCredit (which consent shall not be unreasonably withheld), directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by Customer.

Appears in 1 contract

Samples: Financing Agreement (Western Micro Technology Inc)

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Corporate Changes. The Customer will not, without the prior written consent of IBM Credit, directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by Customeroutside of the information technology industry.

Appears in 1 contract

Samples: Inventory Financing Agreement (Compucom Systems Inc)

Corporate Changes. The Customer will not, without the prior written consent of IBM Credit, Credit directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or c activity materially different from that presently being conducted by Customer.

Appears in 1 contract

Samples: Financing Agreement (Emtec Inc/Nj)

Corporate Changes. The No Customer will notwill, without the prior written consent of IBM CreditCredit (which consent shall not be unreasonably withheld), directly or indirectly, merge, consolidate, liquidate, dissolve or enter into or engage in any operation or activity materially different from that presently being conducted by such Customer, except for Permitted Acquisitions.

Appears in 1 contract

Samples: Inventory and Working Capital Financing Agreement (Savoir Technology Group Inc/De)

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