Mergers and Conversions Clause Samples
Mergers and Conversions. Any corporation or entity into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any corporation or entity resulting from any merger, conversion or consolidation to which the Escrow Agent will be a party, or any corporation or entity succeeding to the business of the Escrow Agent will be the successor of the Escrow Agent hereunder without the execution or filing of any paper with any party hereto or any further act on the part of any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding.
Mergers and Conversions. Any corporation or entity into which the Bank may be merged or converted or with which it may be consolidated, or any corporation or entity resulting from any merger, conversion or consolidation to which the Bank will be a party, or any corporation or entity succeeding to the business of the Bank will be the successor of the Bank hereunder without the execution or filing of any paper with any party hereto or any further act on the part of any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding.
Mergers and Conversions. Any corporation or entity into which the Pledgor may be merged or converted or with which it may be consolidated, or any corporation or entity resulting from any merger, conversion or consolidation to which the Pledgor will be a party, or any corporation or entity succeeding to the business of the Pledgor will be the successor of the Pledgor hereunder without the execution or filing of any paper with any party hereto or any further act on the part of any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding.
Mergers and Conversions. Any corporation or entity into which the Deposit Bank may be merged or converted or with which it may be consolidated, or any corporation or entity resulting from any merger, conversion or consolidation to which the Deposit Bank will be a party, or any corporation or entity succeeding to the business of the Deposit Bank will be the successor of the Deposit Bank hereunder without the execution or filing of any paper with any party hereto or any further act on the part of any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding. [Signature pages follow]
Mergers and Conversions. If Contractor undergoes a merger or conversion pursuant to Chapter 10 of the Tex. Business Organizations Code, Contractor shall provide the DPS Contract Administrator with sufficient documentation to establish the new legal name of Contractor. A novation agreement may be required by DPS.
Mergers and Conversions. The Partnership may merge with, or ----------------------- convert into, another limited partnership, general partnership, corporation, limited liability company, or other business entity with the approval of all Partners.
Mergers and Conversions. The General Partner may cause the Partnership to merge with, or convert into, another limited partnership, general partnership, corporation, limited liability company or other business entity, or enter into an agreement to do so, and the approval of the other Partners shall not be required for the General Partner to take such action. The above notwithstanding, in the event the Partnership is to merge with, or convert into, a general partnership, the Limited Partners shall be provided those rights which are extended to limited partners under the terms of the Act for conversions, to withdraw from the partnership.
Mergers and Conversions. Any corporation or entity into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any corporation or entity resulting from any merger, conversion or consolidation to which the Escrow Agent will be a party, or any corporation or entity succeeding to the business of the Escrow Agent will be the successor of the Escrow Agent hereunder without the execution or filing of any paper with any party hereto or any further act on the part of any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding. Any corporation or entity into which the US Purchaser may be merged or with which it may be consolidated, or any corporation or entity resulting from any merger or consolidation to which the US Purchaser will be a party, will be the successor of the US Purchaser hereunder without the execution or filing of any paper with any party hereto or any further act on the part of any of the parties hereto except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding; provided however, in no event shall the Escrow Agent be obligated hereunder to (x) make any payments from the Escrow Property directly to any assignee of any rights under this Agreement, or (y) obey any written instructions delivered pursuant hereto from any assignee of any rights under this Agreement, unless, in the case of clauses (x) and (y), such assignee has become a Party to this Agreement and provided the Escrow Agent with any and all Patriot Act documentation reasonably required by the Escrow Agent.
Mergers and Conversions. The Partnership may agree to enter into a written agreement of consolidation, merger or conversion with one or more domestic or foreign limited partnerships or any other entity (as may be necessary) upon approval of such agreement by Majority Vote of the Limited Partners (including the Partnership Interests held by the General Partner as a Limited Partner), provided that the laws of the state governing any other entity with which the Partnership may merge or convert, expressly permit such a merger or conversion. The written agreement of consolidation, merger or conversion may contain such terms concerning rights of dissenting partners, appraisal rights and other matters concerning the transaction as the General Partner may deem necessary or desirable. Such Majority Vote of Limited Partners (including the Partnership Interests held by the General Partner as a Limited Partner) may be obtained by written vote or by a meeting of the Partners at which meeting Partners may vote in person or by proxy. Any such meeting shall be conducted according to Article XII hereof. If the agreement of merger or conversion is approved by written vote of fewer than all of the Partners, the General Partner shall send prompt notice of the approval of the agreement of merger to the nonconsenting Partners.