Common use of Fundamental Corporate Changes Clause in Contracts

Fundamental Corporate Changes. (a) Change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation), consolidation, share exchange involving in excess of 25% of the Borrower's capital stock, or dissolve. (b) Sell, transfer, lease or otherwise dispose of all or (except in the ordinary course of business) any material part of its assets or any significant product line or process; (c) Have any Subsidiary, except Blonder International and Vu-Tech Communications, Inc.

Fundamental Corporate Changes. (a) Change change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization or other transaction of 25% of the Borrower's capital stocklike effect, or dissolve.; (b) Sellsell, transfer, lease or otherwise dispose of all or (except in the ordinary course of business) any material part of its assets or any significant product line or process;; or (c) Have have any Subsidiary, except Blonder International and Vu-Tech Communications, Inc..

Fundamental Corporate Changes. (a) Change its name, enter into or effect any merger (except any merger where the Borrower is the surviving corporation)merger, consolidation, share exchange involving in excess exchange, division, conversion, reclassification, recapitalization, reorganization or other transaction of 25% of the Borrower's capital stocklike effect, or dissolve.; (b) Sell, transfer, lease or otherwise dispose of all or (except in the ordinary course of business) any material part of its assets or any significant product line or process; (c) Have any Subsidiary, except Blonder International and Vu-Tech Communications, Inc..