Mergers and Dispositions. Enter into any merger, consolidation, reorganization or liquidation or transfer or otherwise dispose of all or a substantial portion of its properties, except for: such transactions that occur between wholly-owned Subsidiaries; transactions where Borrower and the General Partner are the surviving entities and there is no change in business conducted or loss of an investment grade credit rating, and no Default or Event of Default under the Loan Documents results from such transaction; or as otherwise approved in advance by the Lenders. Borrower will notify the Administrative Agent (who will promptly notify Lenders) of any acquisitions, dispositions, mergers or asset purchases involving assets valued in excess of 10% of the Consolidated Operating Partnership's then-current Market Value Net Worth and certify compliance with covenants after giving effect to such proposed acquisition, disposition, merger, or asset purchase regardless of whether any consent is required.
Mergers and Dispositions. Consolidate with or merge into any other ------------------------ Person or convey, transfer or lease its Properties and assets substantially as an entirety to any Person, or permit any Person to consolidate with or merge into the Company, unless:
Mergers and Dispositions. Enter into any merger, consolidation, pool, business combination, reorganization or liquidation, or transfer or otherwise dispose of all or a substantial portion of its properties, except for: such transactions that occur between wholly-owned Subsidiaries; transactions where Borrower is the surviving entity and there is no change in business conducted or loss or material diminution of any credit rating by S&P, Mxxxx’x or any Third Rating, and no Default or Event of Default under the Loan Documents results from such transaction; or as otherwise approved in advance by the Lenders.
Mergers and Dispositions. 52 9.12 Dividends....................................................................................... 53 9.13 Encumbrances.................................................................................... 53 9.14
Mergers and Dispositions. Enter into any or allow any Subsidiary to enter into any merger, consolidation, pool, business combination, reorganization or liquidation, or transfer or otherwise dispose of all or a substantial portion of its properties, except for: (i) such transactions that occur between wholly-owned Subsidiaries; (ii) transactions where (a) Borrower or General Partner is the surviving entity, (b) there is no change in business conducted, (c) such transaction is not accomplished through a takeover which is opposed by the board of directors or other equivalent governing body of the other party to the transaction; and (d) no Default or Event of Default under the Loan Documents results from such transaction; or (iii) transactions otherwise approved in advance by the Required Lenders. Borrower will notify the Agent (who will promptly notify Lenders) of any dispositions or mergers involving assets valued in excess of 10% of the Consolidated Group's then-current Gross Asset Value and certify compliance with covenants after giving effect to such proposed disposition or merger, regardless of whether any consent is required.
Mergers and Dispositions. 64 9.10 NEGATIVE PLEDGE.......................................................................................65 9.11 MAXIMUM REVENUE FROM SINGLE TENANT....................................................................65 9.12 ISSUANCE OF SENIOR PREFERRED STOCK....................................................................65 ARTICLE X. DEFAULTS.............................................................................................65
Mergers and Dispositions. Except as set forth in Schedule 6.12, Borrower or any Subsidiary shall not, directly or indirectly, (a) merge or consolidate with any Person unless Borrower is the surviving or successor entity; or (b) sell, lease or otherwise dispose of all or any part of its assets, except for sales of inventory in the ordinary course of business. Notwithstanding the foregoing, without the prior consent of Bank, Borrower or any Subsidiary will not sell, assign, farmout, convey or otherwise transfer any Oil and Gas Property or any interest in any Oil and Gas Property except for (i) the sale of Hydrocarbons in the ordinary course of business; (ii) sales, farmouts or other transfers of unproved acreage and assignments in connection with such sale, farmout or transfer; (iii) the sale or transfer of equipment that is no longer necessary for the business of Borrower or any Subsidiary or is replaced by equipment of at least comparable value and use; and (iv) during any calendar year, sales in ordinary course of business of Oil and Gas Properties which shall not exceed $500,000 in the aggregate.
Mergers and Dispositions. Enter into any merger, consolidation, reorganization or liquidation or transfer or otherwise dispose of all or a substantial portion of its properties, except for: (i) such transactions that occur between members of the Consolidated Group; (ii) transactions where Borrower and the Guarantors are the surviving entities and there is no change in business conducted or loss of an investment grade credit rating, and no Default or Event of Default under the Loan Documents results from such transaction; or (iii) as otherwise approved in advance by the Required Lenders. Borrower will notify the Administrative Agent (who will promptly notify Lenders) of any dispositions or mergers involving assets valued in excess of 5% of the Consolidated Group's then-current Capitalization Value and certify compliance with covenants after giving effect to such proposed disposition or merger, regardless of whether any consent is required.
Mergers and Dispositions. Enter into any merger, consolidation, reorganization or liquidation or transfer or otherwise dispose of all or a substantial portion of its properties, except for: such transactions that occur between wholly-owned Subsidiaries; transactions where Borrower is the surviving entity and there is no change in business conducted or loss of an investment grade credit rating, and no Default or Event of Default under the Loan Documents results from such transaction; or as otherwise approved in advance by the Lenders. Borrower will notify the Administrative Agent (who will promptly notify Lenders) of any acquisitions, dispositions, mergers or asset purchases involving assets valued in excess of 5% of Borrower's then-current Market Value Net Worth and certify compliance with covenants after giving effect to such proposed acquisition, disposition, merger, or asset purchase regardless of whether any consent is required.
Mergers and Dispositions. 54 7.7.1 Consolidations and Mergers........................................................... 54 7.7.2 Sales and Other Dispositions......................................................... 55 7.8
