Common use of Dissolution; Management Change Clause in Contracts

Dissolution; Management Change. Dissolve or liquidate, or merge or consolidate with or into any other entity; sell, transfer, lease or otherwise dispose of all or any substantial part of its property, assets or business; or, turn over the management or operation of its property, assets or business to any other person, firm or corporation or make any other material change in its management or operations.

Appears in 2 contracts

Samples: Loan Agreement (Star Buffet Inc), Loan Agreement (Star Buffet Inc)

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Dissolution; Management Change. Dissolve or liquidate, or merge or consolidate with or into any other entity; sell, transfer, lease or otherwise dispose of all or any substantial part of its property, assets or business; or, turn over the management or operation of its property, assets or business to any other person, firm or corporation or make any other material change in its management or operationscorporation.

Appears in 2 contracts

Samples: Loan Agreement (Global Aircraft Solutions, Inc.), Loan Agreement (Global Aircraft Solutions, Inc.)

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Dissolution; Management Change. Dissolve or liquidate, or merge or consolidate with or into any other entity; sell, transfer, lease or otherwise dispose of all or any substantial part of its property, assets or business; or, turn over the management or operation of its property, assets or business to any other person, firm or corporation or make any other material change in its management or operations.. 9.6

Appears in 1 contract

Samples: Loan Agreement (Star Buffet Inc)

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