Common use of Limitation on Consolidation, Merger or Transfer of Assets Clause in Contracts

Limitation on Consolidation, Merger or Transfer of Assets. (a) None of the Company nor any Guarantor shall consolidate with, amalgamate or merge with or into, or wind up into (whether or not the Issuer is the surviving Person), or convey, sell, assign, transfer or lease or otherwise dispose of all or substantially all of its properties or assets (on a consolidated basis), in one or more related transactions, to any Person, unless: