Common use of Merger Consolidation and Disposition of Assets Clause in Contracts

Merger Consolidation and Disposition of Assets. (a) Borrower will not become a party to any merger, amalgamation or consolidation, or agree to or effect any asset acquisition or stock acquisition (other than the acquisition of assets in the ordinary course of business consistent with past practices). (b) Borrower will not become a party to or agree to or effect any disposition of assets, other than the sale of inventory and the disposition of obsolete assets, in each case in the ordinary course of business consistent with past practices.

Merger Consolidation and Disposition of Assets. (a) The Borrower will not become a party to any merger, amalgamation consolidation or consolidationother business combination, or agree to or effect any asset acquisition or stock acquisition (or other than the acquisition of assets in the ordinary course of business consistent with past practices)beneficial or legal ownership interests. (b) Except as expressly provided herein, the Borrower will not become a party to or agree to or effect any disposition of the Project or any part thereof. (c) The Borrower will not become a party to or agree to effect any disposition of assets, other than assets not included in the sale of inventory and the disposition of obsolete assets, in each case Project in the ordinary course of business consistent with past practicesbusiness.