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

MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Borrower shall not, and shall not permit any Subsidiary thereof to, (a) merge into or consolidate with any other entity, (b) make any substantial change in the nature of its business as conducted as of the date hereof, (c) acquire all or substantially all of the assets of any other entity or (d) sell, lease, transfer or otherwise dispose of all or a substantial or material portion of its assets, except in the ordinary course of its business.

Appears in 2 contracts

Samples: Credit Agreement (Staar Surgical Company), Credit Agreement (Staar Surgical Company)

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MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Borrower shall will not, and shall will not permit any Subsidiary thereof to, (a) merge into or consolidate with any other entity, (b) ; make any substantial change in the nature of its Borrower’s or any Subsidiary’s business as conducted as of the date hereof, (c) ; acquire all or substantially all of the assets of any other entity or except Permitted Acquisitions (d) defined below); nor sell, lease, transfer or otherwise dispose of all or a substantial or material portion of its assets, Borrower’s or any Subsidiary’s assets except in the ordinary course of its business.

Appears in 2 contracts

Samples: Credit Agreement (Willdan Group, Inc.), Credit Agreement (Willdan Group, Inc.)

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MERGER, CONSOLIDATION, TRANSFER OF ASSETS. Borrower shall will not, and shall not nor will it permit any Subsidiary thereof to, (a) merge into or consolidate with any other entity, (b) ; make any substantial change in the nature of its business their businesses as conducted as of the date hereof, (c) ; acquire all or substantially all of the assets of any other entity person or (d) entity; nor sell, lease, transfer or otherwise dispose of all or a substantial or material portion of its assets, Borrower's or any Subsidiary's assets except in the ordinary course of its business.

Appears in 1 contract

Samples: Credit Agreement (Advanced Materials Group Inc)

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