Fundamental Changes; Subsidiaries. (a) Merge, dissolve, liquidate, consolidate with or into another Person, or sell, lease or otherwise transfer (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.
(b) Form or acquire any Subsidiary.
Fundamental Changes; Subsidiaries. (a) Change its name, federal taxpayer identification number or state of formation, nor assume a different name, nor conduct its business or affairs under any other name without providing Administrative Agent with 60 days prior written notice thereof.
(b) Merge, dissolve, liquidate, consolidate with or into another Person, change its structure (whether by equity sale, issuance, purchase or otherwise), change its use of any item of Collateral during the term hereof, or 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 that (i) any Subsidiary of any Borrower may merge into or consolidate with any other Subsidiary of any Borrower provided that, in the case of any such merger or consolidation, the Person formed by such merger or consolidation shall be a wholly-owned Subsidiary of a Borrower, and (ii) any of a Borrower’s Subsidiaries may merge into a Borrower. Borrowers shall provide prior written notice to Administrative Agent of any merger or consolidation permitted under this Section 7.04(b), together with an amended Exhibit J to this Agreement including any changes necessary to accurately reflect such merger or consolidation, which amended Exhibit J shall, upon approval by Administrative Agent and consummation of the applicable merger or consolidation, be substituted as a replacement Exhibit J to this Agreement.
(c) Have any Subsidiaries other than those specifically disclosed in Part (b) of Schedule 5.13 or have any equity investments in any other Person other than those specifically disclosed in part(c) of Schedule 5.13, except, in each case, as expressly permitted otherwise under Section 7.02(b).
Fundamental Changes; Subsidiaries. (a) The Borrower shall not: (a) consolidate or merge into or with any other Person, unless the Borrower is the surviving entity; (b) dissolve or wind up (except as permitted under clause (a); or (c) in any single transaction or series of related transactions, sell, lease or otherwise transfer, directly or indirectly, all or substantially all of its property, except that the Borrower may sell Investments in the ordinary course of business.
(b) The Borrower shall not have or permit the formation of any Subsidiaries without the prior written consent of the Bank.
Fundamental Changes; Subsidiaries. (a) Change its name, federal taxpayer identification number or state of formation, assume a different name, or conduct its business or affairs under any other name, in each case without providing the Administrative Agent with 30 days prior written notice thereof.
(b) Merge, dissolve, liquidate, consolidate with or into another Person, change its structure (whether by equity sale, issuance, purchase or otherwise), change its use of any item of any Property or any Collateral during the term hereof, or 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, so long as no Default or Event of Default exists both before and after giving effect thereto, one or more of the Subsidiaries of a Borrower may be merged with and into a Borrower or a direct, wholly-owned Subsidiary of a Borrower (with such Borrower or directly, wholly-owned Subsidiary being the surviving entity in such merger) provided that (A) the Borrowers promptly provide written notice of such transactions to the Administrative Agent, and promptly provide such information and documentation regarding such transactions as the Administrative Agent or the Lenders reasonably request, (B) the Borrowers shall comply with the relevant provisions of the Loan Documents so that the security interests granted to the Administrative Agent pursuant to the Loan Documents in the Equity Interests of any Subsidiary of a Borrower remain in full force and effect and perfected, and (C) the Borrowers shall provide amended schedules and exhibits to the Loan Documents to reflect the effect of the transactions permitted pursuant to this Section 7.04(b), such amended schedules and exhibits to be in form and substance satisfactory to the Administrative Agent in its Sole Discretion.
(c) Have any Subsidiaries other than those specifically disclosed in Part (b) of Schedule 5.13 or have any equity investments in any other Person other than those specifically disclosed in part (c) of Schedule 5.13, except for wholly-owned Subsidiaries of the Borrower or any other wholly-owned Subsidiary provided that the Borrower complies with Section 6.23 and Section 7.02 with respect to such newly-formed or acquired Subsidiary.
Fundamental Changes; Subsidiaries. (a) Change its name, federal taxpayer identification number or state of formation, nor assume a different name, nor conduct its business or affairs under any other name without prior consent of the Administrative Agent.
(b) Merge, dissolve, liquidate, consolidate with or into another Person, change its structure (whether by equity sale, issuance, purchase or otherwise), or sell, 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 Person.
Fundamental Changes; Subsidiaries. (a) Change its name, federal taxpayer identification number or state of formation, nor assume a different name, nor conduct its business or affairs under any other name without providing Lender at least sixty (60) days' prior written notice thereof.
(b) Merge, dissolve, liquidate, consolidate with or into another Person, change its structure (whether by equity sale, issuance, purchase or otherwise), change its use of any item of any Property or any Collateral during the term hereof, or 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.
(c) Have any Subsidiaries other than those specifically disclosed in part (b) of Schedule 5.13 or have any equity investments in any other Person other than those specifically disclosed in part (c) of Schedule 5.13.
(d) Cause or permit any Subsidiary of NRI (other than Pizzaco and N.R. Realty) to own any assets.
Fundamental Changes; Subsidiaries. 44 7.05 Dispositions. ...............................................44 7.06
