Liquidation or Merger. The Borrower shall not, and shall not permit any of the Restricted Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the Borrower, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where the surviving corporation is a Restricted Subsidiary.
Appears in 4 contracts
Samples: Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc)
Liquidation or Merger. The Borrower shall not, and shall not permit any of the Restricted Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the Borrower, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where the surviving corporation is a Restricted SubsidiarySubsidiary or (iv) liquidation of the Tracking Subsidiary after the Tracking Asset Disposition.
Appears in 3 contracts
Samples: Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc)
Liquidation or Merger. The Borrower shall not, and shall not permit any of the Restricted its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries; PROVIDED, provided HOWEVER, that the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the BorrowerSubsidiaries, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where a Subsidiary of the Borrower is the surviving corporation is a Restricted Subsidiarycorporation.
Appears in 3 contracts
Samples: Loan Agreement (Rural Cellular Corp), Loan Agreement (Rural Cellular Corp), Loan Agreement (Rural Cellular Corp)
Liquidation or Merger. The Borrower shall not, and shall not permit any of the its Restricted Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the BorrowerSubsidiaries, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where a Restricted Subsidiary is the surviving corporation is or the surviving corporation becomes a Restricted Subsidiary.
Appears in 2 contracts
Samples: Loan Agreement (American Tower Systems Corp), Loan Agreement (American Radio Systems Corp /Ma/)
Liquidation or Merger. The Borrower shall not, and shall not permit any of the Restricted its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (so long as no Default then exists or would be caused thereby)
(i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two (2) or more Restricted Subsidiaries of the Borrower, Borrower or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower or a Subsidiary of the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where the surviving corporation is a Restricted Subsidiarycorporation.
Appears in 2 contracts
Samples: Loan Agreement (Vanguard Cellular Systems Inc), Loan Agreement (Vanguard Cellular Systems Inc)
Liquidation or Merger. The Borrower shall not, and shall not permit any of the Restricted its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (so long as no Default exists or would be caused thereby): (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the Borrower, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where a Subsidiary of the Borrower is the surviving corporation is or the surviving corporation becomes a Restricted SubsidiarySubsidiary of the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Gray Communications Systems Inc /Ga/), Loan Agreement (Gray Communications Systems Inc /Ga/)
Liquidation or Merger. The Borrower shall not, and shall not permit any --------------------- of the Restricted its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (so long as no Default then exists or would be caused thereby)
(i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two (2) or more Restricted Subsidiaries of the Borrower, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where the surviving corporation is the Borrower, or is or becomes a Restricted SubsidiarySubsidiary of the Borrower.
Appears in 1 contract
Samples: Loan Agreement (Metrotrans Corp)
Liquidation or Merger. The Borrower shall not, and shall not --------------------- permit any of the Restricted Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or -------- (ii) a merger between or among two or more Restricted Subsidiaries of the BorrowerSubsidiaries, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where its Subsidiary is the surviving corporation is a Restricted Subsidiarycorporation.
Appears in 1 contract
Liquidation or Merger. The Borrower shall not, and shall not permit any of the its Restricted Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (so long as no Default exists or would be caused thereby): (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the Borrower, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where a Restricted Subsidiary of the Borrower is the surviving corporation is or the surviving corporation becomes a Restricted SubsidiarySubsidiary of the Borrower.
Appears in 1 contract
Samples: Loan Agreement (Gray Television Inc)
Liquidation or Merger. The Borrower shall not, and shall not permit any of the Restricted its Subsidiaries to, at any time liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or enter into any merger, other than (so long as no Default exists or would be caused thereby): (i) a merger or consolidation among the Borrower and one or more of its Restricted Subsidiaries, provided the Borrower is the surviving corporation, or (ii) a merger between or among two or more Restricted Subsidiaries of the Borrower, or (iii) in connection with an Acquisition permitted hereunder effected by a merger in which the Borrower is the surviving corporation or, in a merger in which the Borrower is not a party, where a Subsidiary of the Borrower is the surviving corporation is or the surviving corporation becomes a Restricted SubsidiarySubsidiary of the Borrower, or (iv) the Merger.
Appears in 1 contract
Samples: Loan Agreement (Gray Television Inc)