Liquidations, Mergers Sample Clauses

Liquidations, Mergers. Debtor shall not merge or consolidate with or into any other entity or liquidate, dissolve or otherwise cease conducting business.
AutoNDA by SimpleDocs
Liquidations, Mergers. Consolidations and Dispositions of --------------------------------------------------------- Substantial Assets. Borrower and/or its Subsidiaries shall not dissolve or ------------------ liquidate or sell, transfer, lease or otherwise dispose of any material portion of its property or assets or business; provided however, that subject to -------- ------- Section 3.04(b) hereof, nothing in this Section 7.05 shall be construed to prohibit Borrower and/or its Subsidiaries from selling rights to service mortgage loans and pools of mortgage loans or Mortgage Notes in the ordinary course of its business.
Liquidations, Mergers. Seller shall not merge or consolidate with or into any other entity (except a merger of Seller into Parent Corporation or into another subsidiary of the Parent Corporation) or liquidate, dissolve or otherwise cease conducting business, except in connection with the sale of substantially all of Power Products' assets as long as * receives 10 days prior written notice of any such sale by Power Products.
Liquidations, Mergers. Seller shall not merge or consolidate with or into any other entity or liquidate, dissolve or otherwise cease conducting business; provided, however, Seller shall be permitted to merger or consolidate with any other entity as long as (i) Seller is the surviving entity, (ii) Greystone's receives at least 15 days written notice prior to any such merger or consolidation, (ii) immediately prior to and after any such merger or consolidation no Event of Default exists, (iii) Seller delivers to Greystone all documents and financial information regarding the perspective transaction as is reasonably requested by Greystone, and (iv) Greystone consents in writing to such merger or consolidation using its Business Judgment.. Seller shall not consent to any Client merging or consolidating with or into any other entity.
Liquidations, Mergers. Seller shall not merge or consolidate with or into any other entity (except a merger of Surgx into [*] or into another subsidiary of [*]) or liquidate, dissolve or otherwise cease conducting business.
Liquidations, Mergers. Borrower will not, and will not permit any of its Subsidiaries to, at any time (i) liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, except that (a) a Subsidiary of Borrower may liquidate or dissolve into Borrower or a Subsidiary of Borrower which is a Material Subsidiary, and (b) a Subsidiary of Borrower which is not a Material Subsidiary may liquidate or dissolve into Borrower or a Subsidiary of Borrower; or (ii) enter into any merger or consolidation unless (a) with respect to a merger or consolidation, Borrower shall be the surviving corporation, unless the merger or consolidation involves a Material Subsidiary and Borrower is not merging with another Person, and either (1) such Material Subsidiary shall be the surviving corporation, (2) the survivor of the merger becomes a Material Subsidiary, or (3) the entity formed in the consolidation becomes a Material Subsidiary, (b) such transaction shall not be utilized to circumvent compliance with any term or provision herein, and (c) no Default or Event of Default shall then be in existence or occur as a result of such transaction.

Related to Liquidations, Mergers

  • Liquidations, Mergers, Consolidations, Acquisitions Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, dissolve, liquidate or wind-up its affairs, or become a party to any merger or consolidation, or acquire by purchase, lease or otherwise all or substantially all of the assets or capital stock of any other Person, provided that

  • DISSOLUTION, LIQUIDATION AND MERGER 44 Section 9.1. Dissolution Upon Expiration Date..............................................................44 Section 9.2.

  • Termination Liquidation and Merger 51 SECTION 9.1. Dissolution Upon Expiration Date....................................................51 SECTION 9.2.

  • The Mergers Upon the terms and subject to the conditions set forth in this Agreement:

  • Consolidations and Mergers The Company shall not, and shall not suffer or permit any Subsidiary to, merge, consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except:

  • Mergers (a) The Trust may not consolidate, amalgamate, merge with or into, or be replaced by, or convey, transfer or lease its properties and assets substantially as an entirety to any Person, except as described in Section 3.15(b) and (c) or Section 8.2.

  • Consolidation and Merger; Asset Acquisitions The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other Person.

  • Liquidation and Winding Up In the event of dissolution, the Company shall be wound up and its assets liquidated. In connection with the dissolution and winding up of the Company, the Member or such other person designated by the Member shall proceed with the sale, exchange or liquidation of all of the assets of the Company, and shall conduct only such other activities as are necessary to wind up the Company’s affairs, and the assets of the Company shall be applied in the manner, and in the order of priority, set forth in Section 18-804 of the Act.

  • Reorganization Transactions The applicable Exercise Price and the number of Warrant Shares issuable upon exercise of this Warrant are subject to adjustment from time to time upon the occurrence hereafter of certain transactions by the issuer of the Warrant Shares, including dividends of stock or other securities or property, stock splits, reverse stock splits, subdivisions, combinations, recapitalizations, reorganizations, reclassifications, consolidations and any liquidation or dissolution of such issuer (each a "Reorganization"). In the event that the outstanding Common Stock issued by the Corporation is at any time increased or decreased solely by reason of a Reorganization, appropriate adjustments in the number and kind of such securities then subject to this Warrant shall be made effective as of the date of such occurrence so that the interest of the Holder upon exercise will be the same as it would have been had such Holder owned the underlying securities immediately prior to the occurrence of such event. Such adjustment shall be made successively whenever any Reorganization shall occur.

  • Adjustment for Mergers or Reorganizations, etc If there shall occur any reorganization, recapitalization, consolidation or merger involving the Company in which the Common Stock is converted into or exchanged for securities, cash or other property (other than a transaction covered by subsections 2(a), 2(b) or 2(d)), then, following any such reorganization, recapitalization, consolidation or merger, the Registered Holder shall receive upon exercise hereof the kind and amount of securities, cash or other property which the Registered Holder would have been entitled to receive if, immediately prior to such reorganization, recapitalization, consolidation or merger, the Registered Holder had held the number of shares of Common Stock subject to this Warrant. In any such case, appropriate adjustment (as determined in good faith by the Board of Directors of the Company) shall be made in the application of the provisions set forth herein with respect to the rights and interests thereafter of the Registered Holder, to the end that the provisions set forth in this Section 2 (including provisions with respect to changes in and other adjustments of the Purchase Price) shall thereafter be applicable, as nearly as reasonably may be, in relation to any securities, cash or other property thereafter deliverable upon the exercise of this Warrant.

Time is Money Join Law Insider Premium to draft better contracts faster.