Common use of MERGER, CONSOLIDATION, TRANSFER OF ASSETS Clause in Contracts

MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Trustor shall not: (a) merge or consolidate with any other entity or permit Borrower to merge or consolidate with any other entity; (b) make any substantial change in the nature of Trustor's business or structure or permit Borrower to make any substantial change in the nature of Borrower's business or structure; (

Appears in 3 contracts

Samples: Leasehold Deed of Trust (Inland Western Retail Real Estate Trust Inc), Modification Agreement (Manufactured Home Communities Inc), Deed of Trust (Protein Design Labs Inc/De)

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MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Trustor shall not: (a) merge or consolidate with any other entity or permit Borrower to merge or consolidate with any other entity; (b) make any substantial change in the nature of Trustor's business or structure or permit Borrower to make any substantial change in the nature of Borrower's ’s business or structure; (c) acquire all or substantially all of the assets of any other entity; or (d) sell, lease, assign, transfer or otherwise dispose of a material part of Trustor’s assets, except in the ordinary course of Trustor’s business or in accordance with the terms of the Note.

Appears in 3 contracts

Samples: Deed of Trust (Cole Credit Property Trust III, Inc.), Deed of Trust and Security Agreement (Cole Credit Property Trust III, Inc.), Deed of Trust (Cole Credit Property Trust III, Inc.)

MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Trustor shall not: (a) merge or consolidate with any other entity or permit Borrower to merge or consolidate with any other entity; (b) make any substantial change in the nature of Trustor's business or structure or permit Borrower to make any substantial change in the nature of Borrower's ’s business or structure; (c) acquire all or substantially all of the assets of any other entity; or (d) sell, lease, assign, transfer or otherwise dispose of a material part of Trustor’s assets except in the ordinary course of Trustor’s business.

Appears in 1 contract

Samples: Deed of Trust (Paladin Realty Income Properties Inc)

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MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Trustor shall not: (anot:(a) merge or consolidate with any other entity or permit Borrower to merge or consolidate with any other entity; (b) make any substantial change in the nature of Trustor's business or structure or permit Borrower to make any substantial change in the nature of Borrower's business or structure; (

Appears in 1 contract

Samples: Deed of Trust (Protein Design Labs Inc/De)

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