Common use of Merger; Disposition of Assets Clause in Contracts

Merger; Disposition of Assets. Borrower shall not (a) change its capital, shareholder or ownership structure, (b) merge or consolidate with any company, corporation or other entity (c) amend or change its Articles of Incorporation, Code of Regulations or other organizational or governing documents, or (d) sell, transfer or otherwise dispose of all or any substantial part of its assets whether now owned or hereafter acquired.

Appears in 2 contracts

Samples: Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.)

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Merger; Disposition of Assets. Borrower shall not (a) change its capital, shareholder or ownership capital structure, (b) merge or consolidate with any companyentity, corporation or other entity (c) amend or change its Articles of Incorporation, Code of Regulations Incorporation or other organizational or governing documents, Bylaws or (d) sell, lease, transfer or otherwise dispose of of, or grant any person an option to acquire, or sell and leaseback, all or any substantial part portion of its assets assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Education Lending Group Inc)

Merger; Disposition of Assets. Except as permitted in Section 2.1(c) hereof, Borrower shall will not (a) change its capital, shareholder or ownership capital structure, (b) merge or consolidate with any companycorporation, corporation or other entity (c) amend or change its Articles of Incorporation, Incorporation or Code of Regulations or other organizational or governing documents, or (d) sell, transfer or otherwise dispose of all or any substantial part of its assets assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Ogara Co /Oh/)

Merger; Disposition of Assets. Without prior written consent of Bank, Borrower shall will not (a) change its capital, shareholder or ownership capital structure, (b) merge or consolidate with any companycorporation, corporation or other entity (c) amend or change its Articles of Incorporation, Code of Regulations Incorporation or other organizational or governing documents, By-Laws or (d) sell, transfer or otherwise dispose of all or any substantial part of its assets assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Cohesant Inc.)

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Merger; Disposition of Assets. Borrower shall not (a) change its capital, shareholder membership or ownership structure, (b) merge or consolidate with any company, corporation or other entity (c) amend or change its Articles of IncorporationOrganization, Code of Regulations Operating Agreement or other organizational or governing documents, or (d) sell, transfer or otherwise dispose of all or any substantial part of its assets whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Energy Inc.)

Merger; Disposition of Assets. Borrower shall not (a) change its capital, shareholder or ownership ----------------------------- capital structure, (b) merge or consolidate with any companyentity, corporation or other entity (c) amend or change its Articles of Incorporation, Code of Regulations Incorporation or other organizational or governing documents, Bylaws or (d) sell, lease, transfer or otherwise dispose of of, or grant any person an option to acquire, or sell and leaseback, all or any substantial part portion of its assets assets, whether now owned or hereafter acquired.

Appears in 1 contract

Samples: Credit Agreement (Direct Iii Marketing Inc)

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