Common use of Limitation on Mergers Clause in Contracts

Limitation on Mergers. Merge or consolidate with or into any other Person or liquidate, wind up, dissolve or otherwise transfer or dispose of all or substantially all of its property, assets or business, acquire all or substantially all of the assets of any Person or abandon its portion of the Portfolio Assets except that nothing in this Guarantee Agreement shall restrict mergers or consolidations, liquidations, winding up, dissolutions, transfers or other dispositions by the Guarantor with or to another Subsidiary of the Borrower or with or to the Borrower, so long as such merger, consolidation, liquidation, winding up, dissolution, transfer or other disposition does not have, in the reasonable judgment of the Lead Arrangers, any adverse effect on the Liens granted under the Financing Documents or the Collateral secured thereby.

Limitation on Mergers. Merge or consolidate with or into any other Person or liquidate, wind up, dissolve or otherwise transfer or dispose of all or substantially all of its property, assets or business, acquire all or substantially all of the assets of any Person or abandon its portion of the Portfolio Assets except that nothing in this Guarantee Agreement shall restrict mergers or consolidations, liquidations, winding up, dissolutions, transfers or other dispositions by one Subsidiary of the Guarantor Borrower with or to another Subsidiary of the Borrower or with or to the Borrower, so long as such merger, consolidation, liquidation, winding up, dissolution, transfer or other disposition does not have, in the reasonable judgment of the Lead Arrangers, any adverse effect on the Liens granted under the Financing Documents or the Collateral secured thereby.

Limitation on Mergers. Merge or consolidate with or into any other Person or liquidate, wind up, dissolve or otherwise transfer or dispose of all or substantially all of its property, assets or business, acquire all or substantially all of the assets of any Person or abandon its portion of the Portfolio Assets except that nothing in this Guarantee Agreement shall restrict mergers or consolidations, liquidations, winding up, dissolutions, transfers or other dispositions by the any Guarantor with or to another Subsidiary of the Borrower or with or to the Borrower, so long as such merger, consolidation, liquidation, winding up, dissolution, transfer or other disposition does not have, in the reasonable judgment of the Lead Arrangers, any adverse effect on the Liens granted under the Financing Documents or the Collateral secured thereby.

Limitation on Mergers. Merge or consolidate with or into any other Person or liquidate, wind up, dissolve or otherwise transfer or dispose of all or substantially all of its property, assets or business, acquire all or substantially all of the assets of any Person or abandon its portion of the Portfolio Assets Assets, except that nothing in this Guarantee Agreement shall restrict mergers or consolidations, liquidations, winding up, dissolutions, transfers or other dispositions by one Subsidiary of the Guarantor Borrower with or to another Subsidiary of the Borrower or with or to the Borrower, so long as such merger, consolidation, liquidation, winding up, dissolution, transfer or other disposition does not have, in the reasonable judgment of the Lead Arrangers, any adverse effect on the Liens granted under the Financing Documents or the Collateral secured thereby.