Common use of Limitation on Mergers Clause in Contracts

Limitation on Mergers. The Company will not, nor will --------------------- it permit any of its Subsidiaries to, merge or consolidate with or into any other corporation except that any Subsidiary may merge or consolidate (i) with or into the Company (provided that the Company shall be the continuing or -------- surviving corporation), (ii) with or into any one or more Wholly-Owned Subsidiaries or (iii) with or into any Person to be acquired pursuant to Section 7.12.

Appears in 2 contracts

Samples: Loan Agreement (Federal Mogul Corp), 364 Day Revolving Credit Agreement (Federal Mogul Corp)

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Limitation on Mergers. The Company will not, nor will --------------------- it permit any of its Subsidiaries to, merge or consolidate with or into any other corporation except that any Subsidiary may merge or consolidate (i) with or into the Company (provided that the Company shall be the continuing or -------- surviving corporation), (ii) with or into any one or more Whollywholly-Owned owned Subsidiaries or (iii) with or into any Person to be acquired pursuant to Section 7.12subsection 10.12.

Appears in 1 contract

Samples: Revolving Credit Agreement (Federal Mogul Corp)

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Limitation on Mergers. The Company will not, nor will --------------------- it permit any of its Subsidiaries to, merge or consolidate with or into any other corporation except that any Subsidiary may merge or consolidate (i) with or into the Company (provided that the Company shall be the continuing or -------- surviving corporation), (ii) with or into any one or more Whollywholly-Owned owned Subsidiaries or (iii) with or into any Person to be acquired pursuant to Section 7.1210.12.

Appears in 1 contract

Samples: Second Amended and Restated Credit Agreement (Federal Mogul Corp)

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