Common use of Limitation on Consolidation, Merger, Sale or Conveyance Clause in Contracts

Limitation on Consolidation, Merger, Sale or Conveyance. (a) The Company will not, in one or a series of transactions, consolidate or amalgamate with or merge into any corporation or convey, lease or transfer substantially all of its properties, assets or revenues to any person or entity (other than a direct or indirect Subsidiary of Petrobras) or permit any person (other than a direct or indirect Subsidiary of the Company) to merge with or into it unless:

Appears in 6 contracts

Samples: Supplemental Indenture (Petrobras - Petroleo Brasileiro Sa), Fifth Supplemental Indenture (Brazilian Petroleum Corp), Supplemental Indenture (Brazilian Petroleum Corp)

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