Merger, Acquisition or Sale of Assets. Borrower will not enter into any merger or consolidation with or acquire all or substantially all of the assets of any Person, and will not sell, lease, or otherwise dispose of any of its assets except in the ordinary course of its business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Medical Asset Management Inc), Loan and Security Agreement (Intensiva Healthcare Corp)
Merger, Acquisition or Sale of Assets. The Borrower will shall not enter into any merger or consolidation with or acquire all or substantially all of the assets of any Personperson, and will not or sell, lease, or otherwise dispose of any of its assets (except assets disposed of in the ordinary course of its business), except that a solvent wholly-owned subsidiary may be merged or consolidated with another solvent wholly-owned subsidiary or into the Borrower.
Appears in 1 contract
Samples: Loan Agreement (Univec Inc)
Merger, Acquisition or Sale of Assets. Borrower will not enter into any merger or consolidation with or acquire all or substantially all of the assets of any Person, and will not sell, lease, or otherwise dispose of any of its assets except in the ordinary course of its businessbusiness without the prior written consent of Lender.
Appears in 1 contract