Common use of Merger or Consolidations Clause in Contracts

Merger or Consolidations. (1) Dissolve; (2) merge or consolidate with any Person; (3) lease, sell or otherwise convey a material part of its assets or business outside the ordinary course of its business; (4) lease, purchase, or otherwise acquire a material part of the assets of any other Person, except in the ordinary course of its business; or (5) agree to do any of the foregoing; provided, however, that notwithstanding the foregoing, any Subsidiary other than United Western Bank may merge or consolidate with any other Subsidiary, or with the Borrower, so long as the Borrower is the survivor.

Appears in 2 contracts

Samples: Credit Agreement (United Western Bancorp Inc), Credit Agreement (United Western Bancorp Inc)

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Merger or Consolidations. (1) Dissolve; (2) merge or consolidate with any Person; (3) lease, sell or otherwise convey a material part of its assets or business outside the ordinary course of its business; (4) lease, purchase, or otherwise acquire a material part of the assets of any other Person, except in the ordinary course of its businessbusiness and except for Permitted Acquisitions; or (5) agree to do any of the foregoing; provided, however, that notwithstanding the foregoing, any Subsidiary other than United Western Bank may merge or consolidate with any other Subsidiary, or with the Borrower, so long as the Borrower is the survivor.

Appears in 1 contract

Samples: Credit Agreement (Wesbanco Inc)

Merger or Consolidations. (1) Dissolve; (2) merge or consolidate with any Person; (3) lease, sell or otherwise convey a material part of its assets or business outside the ordinary course of its business; (4) lease, purchase, or otherwise acquire a material part of the assets of any other Person, except in the ordinary course of its business; or (5) agree to do any of the foregoing; provided, however, that notwithstanding the foregoing, any Subsidiary other than United Western Bank of the Borrower may merge or consolidate with any other Subsidiary, Subsidiary of the Borrower or with the Borrower, Borrower so long as the Borrower is the survivor.

Appears in 1 contract

Samples: Credit Agreement (Plains Capital Corp)

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Merger or Consolidations. (1) Dissolve; (2) merge or consolidate with any Person; (3) lease, sell or otherwise convey a material part of its assets or business outside the ordinary course of its business; (4) lease, purchase, or otherwise acquire a material part of the assets of any other Person, except in the ordinary course of its business; or (5) agree to do any of the foregoing; provided, however, that notwithstanding the foregoing, any Subsidiary other than United Western Bank may merge or consolidate with any other Subsidiary, or with the Borrower, so long as the Borrower is the survivor.

Appears in 1 contract

Samples: Credit Agreement (Park National Corp /Oh/)

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