Common use of Merger, Consolidation, Dissolution, and Sale Clause in Contracts

Merger, Consolidation, Dissolution, and Sale. (i) Merge or consolidate with any other entity (other than a merger or consolidation with an entity that is controlled by or is under common control with the Borrower; provided that (a) the Borrower is the corporation surviving such merger or consolidation and (b) no material adverse effect on the business condition (financial or otherwise) or operations of the Borrower or on the ability of the Borrower to perform its obligations under this Agreement or any Note results therefrom); (ii) dissolve or terminate its legal existence; (iii) sell, lease, transfer or otherwise dispose of any substantial part of its properties or any of its properties essential to the conduct of its business or operations, as now or hereafter conducted, except for leases of decoders and other equipment entered into between the Borrower and its subscribers; or (iv) enter into any agreement to do any of the foregoing.

Merger, Consolidation, Dissolution, and Sale. (i) Merge or consolidate with any other entity (other than a merger or consolidation with an entity that is controlled by or is under common control with the BorrowerGuarantor; provided that (a) the Borrower Guarantor is the corporation surviving such merger or consolidation and (b) no material adverse effect on the business condition (financial or otherwise) or operations of the Borrower Guarantor or on the ability of the Borrower Guarantor to perform its obligations under this Agreement or any Note results therefrom); (ii) dissolve or terminate its legal existence; (iii) sell, lease, transfer or otherwise dispose of any substantial part of its properties or any of its properties essential to the conduct of its business or operations, as now or hereafter conducted, except for leases of decoders and other equipment entered into between the Borrower Guarantor and its subscribers; or (iv) enter into any agreement to do any of the foregoing.