LIQUIDATION OR MERGER; CHANGE OF CONTROL. The Company shall not, and shall not permit any of its Subsidiaries to, (i) adopt a plan of complete or partial liquidation, dissolution, merger, consolidation, restructuring, recapitalization or other reorganization or (ii) enter into any agreement or exercise any discretion providing for acceleration of payment or performance as a result of a change of control of the Company or its Subsidiaries.
Appears in 4 contracts
Samples: Merger Agreement (Stinehart William Jr), Merger Agreement (Stinehart William Jr), Merger Agreement (Times Mirror Co /New/)
LIQUIDATION OR MERGER; CHANGE OF CONTROL. The Company shall not, and shall not permit any of its Subsidiaries to, (i) adopt a plan of complete or partial liquidation, dissolution, merger, consolidation, restructuring, recapitalization or other reorganization or (ii) enter into any agreement or exercise any discretion providing for acceleration of payment payment, performance, vesting or performance exercisability as a result of a change of control of the Company or its Subsidiaries.
Appears in 2 contracts
Samples: Merger Agreement (Whitman Corp/New/), Merger Agreement (Delta Beverage Group Inc)
