Common use of Dissolution of Obligor Clause in Contracts

Dissolution of Obligor. The dissolution of any Obligor which is a partnership, limited liability company, corporation or other entity.

Appears in 4 contracts

Samples: Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Perry-Judds Inc), Loan and Security Agreement (Perry-Judds Inc)

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Dissolution of Obligor. The dissolution of any Obligor which is a partnership, limited liability company, corporation or other entityentity (except as a result of a merger or consolidation of any Borrower or any Obligor to the extent permitted pursuant to this Agreement).

Appears in 1 contract

Samples: Loan and Security Agreement (Poindexter J B & Co Inc)

Dissolution of Obligor. The dissolution of any Obligor of Borrower or its Subsidiaries which is a partnership, limited liability company, corporation or other entity.

Appears in 1 contract

Samples: Loan and Security Agreement (Emcore Corp)

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Dissolution of Obligor. The dissolution of any Obligor which is a partnership, limited liability company, corporation or other entityentity without the prior written consent of Agent, other than a merger permitted by this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Coachmen Industries Inc)

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