Common use of Mergers, Consolidations and Dispositions Clause in Contracts

Mergers, Consolidations and Dispositions. (a) Wind up, liquidate, dissolve, merge into or consolidate or amalgamate with any other Person, or permit any other Person to merge into or consolidate or amalgamate with it, or sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or substantially all the assets (whether now owned or hereafter acquired) of the Borrowers or less than all the Equity Interests of any Restricted Subsidiary of the Lead Borrower, except that: (i) (A) any Restricted Subsidiary may sell, transfer, lease or otherwise dispose of all or substantially all of its assets or all of the Equity Interests of any of its Restricted Subsidiaries (upon voluntary winding up, liquidation, dissolution or otherwise) to the Lead Borrower or any U.S. Subsidiary Guarantors;

Appears in 1 contract

Samples: First Amendment and Restatement Agreement (Spectrum Brands, Inc.)

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