Common use of Corporate Existence; Mergers Clause in Contracts

Corporate Existence; Mergers. Each Obligor shall at all times maintain its corporate existence. In addition, each Obligor shall not, without prior written consent of the Noteholders, dissolve or otherwise dispose of all or substantially all of its assets, in one transaction or a series of transactions, or consolidate with or merge into another Person, unless:

Appears in 2 contracts

Samples: Purchase Agreement (Horizon Offshore Inc), Purchase Agreement (Horizon Offshore Inc)

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Corporate Existence; Mergers. Each Obligor shall at all times maintain its corporate existence. In addition, each Obligor existence and shall not, without prior written consent of the Noteholders, dissolve or otherwise dispose of all or substantially all of its assets, in one transaction or a series of transactions, or consolidate with or merge into another Person, unless:corporation.

Appears in 2 contracts

Samples: Purchase Agreement (Horizon Offshore Inc), Purchase Agreement (Horizon Offshore Inc)

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Corporate Existence; Mergers. Each Obligor The Company shall at all times maintain its corporate existence. In addition, each Obligor the Company shall not, without prior written consent of the Noteholdersholders of a majority-in-principal amount of Convertible Notes, dissolve or otherwise dispose of all or substantially all of its assets, in one transaction or a series of transactions, or consolidate with or merge into another Person, unless:

Appears in 1 contract

Samples: Exchange Agreement (Horizon Offshore Inc)

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