Common use of Limitations on Mergers, Consolidations, Etc Clause in Contracts

Limitations on Mergers, Consolidations, Etc. (a) Borrower shall not, directly or indirectly, in a single transaction or a series of related transactions, (i) consolidate or merge with or into another Person, or sell, lease, transfer, convey or otherwise dispose of or assign all or substantially all of the assets of Borrower or Borrower and the Restricted Subsidiaries (taken as a whole) or (ii) adopt a Plan of Liquidation unless, in either case:

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (Phibro Animal Health Corp), Term Loan Agreement (Phibro Animal Health Corp)

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Limitations on Mergers, Consolidations, Etc. (a) The Company and the Borrower shall not, directly or indirectly, in a single transaction or a series of related transactions, (i) combine, continue, consolidate or merge with or into another Personperson, or sell, lease, transfer, convey or otherwise dispose of or assign all or substantially all of the assets of the Borrower or Borrower and the Restricted Subsidiaries (taken as a whole) or (ii) adopt a Plan plan of Liquidation dissolution or liquidation unless, in either case:

Appears in 1 contract

Samples: Term Loan Note and Agreement (China Energy Recovery, Inc.)

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