Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary to merge or consolidate, with any Person, or acquire all or any substantial part of the Properties of any Person.
Appears in 3 contracts
Samples: Loan Agreement (Seabulk International Inc), Loan Agreement (Seabulk International Inc), Term Loan and Security Agreement (Kimmins Corp/De)
Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary to merge or consolidate, with any Person, except a consolidation or merger involving only Borrower and one or more wholly owned Subsidiaries; nor acquire all or any substantial part of the Properties of any Person.
Appears in 2 contracts
Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/), Loan and Security Agreement (Brazos Sportswear Inc /De/)
Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary to merge or consolidate, with any Person, except a consolidation or merger between both Borrowers, or a Borrower and one or more wholly owned Subsidiaries; nor acquire all or any substantial part of the Properties of any Person.
Appears in 1 contract
Samples: Loan and Security Agreement (Cal Dive International Inc)
Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; or acquire, or acquire permit any of its Subsidiaries to acquire, all or any substantial part of the Properties of any Person; PROVIDED, that any Subsidiary of Borrower may merge with and into any other Subsidiary of Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Color Spot Nurseries Inc)
Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary of any Borrower to merge or consolidate, with any Person; or acquire, or acquire permit any of their respective Subsidiaries to acquire, all or any substantial part of the Properties of any Person.
Appears in 1 contract
Mergers; Consolidations; Acquisitions. Merge or consolidate, or permit any Subsidiary to merge or consolidate, with any Person, except a consolidation or merger involving only a Borrower and one or more wholly owned Subsidiaries of a Borrower; nor acquire all or any substantial part of the Properties of any Person.
Appears in 1 contract
Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/)
