Merger; Consolidation; Business Acquisitions; Subsidiaries. Borrower will not (a) merge into or consolidate with any Person, or (b) acquire any material portion of the stock, ownership interests, assets or business of any Person, permit any Person to merge into it, or form any new Subsidiaries.
Merger; Consolidation; Business Acquisitions; Subsidiaries. No Borrower will merge into or consolidate with any Person, acquire any material portion of the stock or assets or business of any Person, permit any Person to merge into it, or form any new Subsidiaries. Notwithstanding the foregoing, Borrowers may make acquisitions of stock and/or assets, provided the purchase price (including cash, the market value of stock or other assets and assumption of liabilities) of any such acquisition does not exceed Two Million Five Hundred Thousand Dollars ($2,500,000.00) and the aggregate purchase price (including cash, the market value of all stock and other assets and assumption of liabilities) for all such acquisitions does not exceed Ten Million Dollars ($10,000,000.00). Additionally, MRC may merge into Medifax, provided reasonable notice of such merger is given to Bank. At least once in each calendar year, Medifax shall deliver to Bank a list of its five (5) largest shareholders (by number of voting shares held). Medifax will also promptly notify Bank if Welsh, Carson, Andexxxx & Xtowx XX, L.P.'s interest in Medifax is reduced or terminated for any reason whatsoever other than as a result of the exercise of existing stock options.
Merger; Consolidation; Business Acquisitions; Subsidiaries. Borrower will not merge into or consolidate with any Person, acquire any material portion of the stock, ownership interests, assets or business of any Person, or permit any Person to merge into it; provided, however, that Equus Total Return, Inc. shall be permitted to merge into or consolidate with Borrower, provided that Borrower is the surviving corporation.
Merger; Consolidation; Business Acquisitions; Subsidiaries. Except as otherwise provided on Schedule 10.7, the Obligors will not (a) merge into or consolidate with any Person, (b) acquire any portion of the Capital Stock of any person or a material portion of assets or business of any Person, or the operating business or division of any Person, or any Property not used or useful in the operation of its business, (c) permit any Person to merge into any of them, (d) form any Subsidiaries, (e) change any of their respective states of formation or incorporation, (f) materially change the principal nature of its business, (g) permit any Subsidiary to engage in any business activity that is materially different than conducted as of the Closing Date, acquire any assets or, acquire any ownership or investment interests in any Person, without the prior written consent of the Required Lenders and (h) change its fiscal year end.
Merger; Consolidation; Business Acquisitions; Subsidiaries. The Borrowers will not (a) merge into or consolidate with any Person (other than another Borrower), (b) acquire any portion of the Capital Stock of any Person (other than BHL) or a material portion of assets or business of any Person, or the operating business or division of any Person, or any Property not used or useful in the operation of their Businesses, (c) permit any Person to merge into any of them (other than another Borrower), (d) form any Subsidiaries, (e) change any of their respective states of formation or incorporation, (f) materially change the principal nature of their business or engage in any business other than the Business, (g) permit any Subsidiary to engage in any business activity, acquire any assets or, acquire any ownership or investment interests in any Person, without the prior written consent of Bank and (h) change any of their respective fiscal year ends.
Merger; Consolidation; Business Acquisitions; Subsidiaries. No Borrower will merge into or consolidate with any Person, acquire any material portion of the stock, ownership interests, assets or business of any Person, permit any Person to merge into it, or form any new Subsidiaries.
Merger; Consolidation; Business Acquisitions; Subsidiaries. Borrower will not merge into or consolidate with any Person.
Merger; Consolidation; Business Acquisitions; Subsidiaries. Obligors will not (a) merge into or consolidate with any Person, (b) acquire any portion of the Capital Stock of any person or a material portion of assets or business of any Person, or the operating business or division of any Person, or any Property not used or useful in the operation of their Businesses, (c) permit any Person to merge into any of them, (d) form any Subsidiaries, (e) change any of their respective states of formation or incorporation, (f) materially change the principal nature of their business or engage in any business other than the Business (other than lines of business reasonably related thereto), (g) permit any Subsidiary to engage in any business activity, acquire any assets or, acquire any ownership or investment interests in any Person, without the prior written consent of Bank and (h) change any of their respective fiscal year ends.
Merger; Consolidation; Business Acquisitions; Subsidiaries. (a) No Obligor will merge into or consolidate with any Person, acquire any material portion of the stock, ownership interests, assets or business of any Person, permit any Person to merge into it, or form any new Subsidiaries, other than as provided below.
Merger; Consolidation; Business Acquisitions; Subsidiaries. ... 38 10.7 Taxes; Claims for Labor and Materials........................... 38 10.8 Liens........................................................... 39 10.9 Transactions with Affiliates.................................... 40 10.10 [Intentionally Omitted]......................................... 40 10.11 Name Change; Governing Documents................................ 40 10.12 Restrictions on Use of Proceeds................................. 40 10.13 Prohibited Events Under ERISA................................... 40
