Common use of Mergers, Acquisitions, Dissolutions, Liquidations and Consolidations Clause in Contracts

Mergers, Acquisitions, Dissolutions, Liquidations and Consolidations. None of the Credit Parties nor any Subsidiary will become a party to any merger, dissolution, liquidation or consolidation, except for, so long as no Default or Event of Default is continuing or would result therefrom: (i) Permitted Acquisitions; (ii) the merger or consolidation of one or more of the Credit Parties with and into a Credit Party; provided that in any merger or consolidation involving Intersections, Intersections shall be the surviving entity; and (iii) the dissolution or liquidation of Subsidiaries whose assets, if any, have been disposed of, transferred or sold in accordance with Section 7.05(b).

Mergers, Acquisitions, Dissolutions, Liquidations and Consolidations. None of the Credit Parties nor any Subsidiary will become a party to any merger, dissolution, liquidation or consolidation, except for, so long as no Default or Event of Default is continuing or would result therefrom: (i) Permitted Acquisitions; (ii) the merger or consolidation of one or more of the Credit Parties with and into a Credit Party; provided that (x) in any merger or consolidation involving Intersections, Intersections shall be the surviving entityentity and (y) i4c may not merge with any other Credit Party; andand DB1/ 85911004.13 (iii) the dissolution or liquidation of Subsidiaries whose assets, if any, have been disposed of, transferred or sold in accordance with Section 7.05(b).