Common use of Fundamental Changes; Subsidiaries Clause in Contracts

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.

Appears in 19 contracts

Samples: September Maturity Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority), March Maturity Credit Agreement (Tennessee Valley Authority)

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Fundamental Changes; Subsidiaries. WORKAMER\37666573.v3 73 (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.

Appears in 1 contract

Samples: February Maturity Community Bank Credit Agreement (Tennessee Valley Authority)

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