MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Not merge into or consolidate with any other entity; nor make any substantial change in the nature of Borrower's business as conducted as of the date hereof; nor acquire all or substantially all of the assets of any other person or entity; nor sell, lease, transfer or otherwise dispose of all or a substantial or material portion of Borrower's assets except in the ordinary course of its business.
Appears in 5 contracts
Samples: Loan Agreement (Pro Dex Inc), Loan Agreement (Pro Dex Inc), Loan Agreement (Fiberstars Inc /Ca/)
MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Not merge into or consolidate with any other entity; nor make any substantial change in the nature of Borrower's business as conducted as of the date hereof; nor acquire all or substantially all of the assets of any other person or entity; nor sell, sell lease, transfer or otherwise dispose of all or a substantial or material portion of Borrower's assets except in the ordinary course of its business.
Appears in 3 contracts
Samples: Loan Agreement (Fiberstars Inc /Ca/), Loan Agreement (Fiberstars Inc /Ca/), Loan Agreement (Fiberstars Inc /Ca/)
MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Not merge into or consolidate with any other entity; nor make any substantial change in the nature of Borrower's ’s business as conducted as of the date hereof; nor acquire all or substantially all of the assets of any other person or entity; nor sell, lease, transfer or otherwise dispose of all or a substantial or material portion of Borrower's ’s assets except in the ordinary course of its business.
Appears in 1 contract
Samples: Loan Agreement (Fiberstars Inc /Ca/)
MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Not merge into or consolidate with any other entity; nor make any substantial change in the nature of Borrower's business as conducted as of the date hereof; nor acquire all or substantially all of the assets of any other person or entity; nor sell, lease, transfer or otherwise dispose of all or a substantial or material portion of Borrower's assets except in the ordinary course of its business.
Appears in 1 contract
Samples: Revolving Line of Credit Note (Il Fornaio America Corp)