Common use of Liquidations, Mergers, Consolidations Clause in Contracts

Liquidations, Mergers, Consolidations. Each of the Borrowers 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, provided that any Borrower (other than the Company) may consolidate or merge into another Borrower and any Subsidiary of a Borrower may consolidate or merge into any Borrower or any Wholly-owned Subsidiary of a Borrower so long as the Borrower or a Wholly-owned Subsidiary is the surviving corporation of such consolidation or merger.

Liquidations, Mergers, Consolidations. Each of the Borrowers 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, provided that any Borrower (other than the Company) may consolidate or merge into another Borrower and any Subsidiary of a Borrower may consolidate or merge into any Borrower or any Wholly-owned Subsidiary of a Borrower so long as (i) the Borrower or a Wholly-owned Subsidiary is the surviving corporation of such consolidation or mergermerger and (ii) no Event of Default shall have occurred and be continuing or result therefrom.

Liquidations, Mergers, Consolidations. Each of the Borrowers Guarantors 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, provided that any Borrower Guarantor (other than the Company) may consolidate or merge into another Borrower Guarantor and any Subsidiary of a Borrower Guarantor may consolidate or merge into any Borrower Guarantor or any Wholly-owned Subsidiary of a Borrower Guarantor so long as (i) the Borrower Guarantor or a Wholly-owned Subsidiary is the surviving corporation of such consolidation or mergermerger and (ii) no Event of Default shall have occurred and be continuing or result therefrom.

Liquidations, Mergers, Consolidations. Each of the Borrowers 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, provided that any Borrower (other than the Company) may consolidate or merge into another Borrower and any Subsidiary of a Borrower may consolidate or merge into any Borrower or any Wholly-owned Subsidiary of a Borrower so long as as (i) the Borrower or a Wholly-owned Subsidiary is the surviving corporation of such consolidation or mergermerger and (ii) no Event of Default shall have occurred and be continuing or result therefrom.