Common use of Limitation on Mergers, Etc Clause in Contracts

Limitation on Mergers, Etc. The Seller shall not consolidate with or merge with or into any Person or transfer all or substantially all of its assets to any Person or liquidate or dissolve except as expressly permitted in the Agreement.

Appears in 3 contracts

Samples: Insurance and Indemnity Agreement (Alliance Laundry Systems LLC), Insurance and Indemnity Agreement (Alliance Laundry Holdings LLC), Insurance and Indemnity Agreement (Alliance Laundry Corp)

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Limitation on Mergers, Etc. The In the case of the Seller and the Issuing Entity, it shall not consolidate with or merge with or into any Person or liquidate or dissolve, or transfer all or substantially all of its assets to any Person or liquidate or dissolve except, in the case of the Issuing Entity, by way of the grant of a lien to the Indenture Trustee pursuant to the Transaction Documents, or, except as expressly permitted in by the AgreementTransaction Documents, transfer any of its assets to any Person.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (UPFC Auto Receivables Trust 2006-B), Insurance and Indemnity Agreement (UPFC Auto Receivables Trust 2007-B)

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