Mergers, Consolidations, and Dissolutions. The Borrower will not, and will not cause or permit any other Company (other than any Excluded Subsidiary) to, merge or consolidate with any other Person or dissolve, except (a) so long as no Event of Default or Potential Default has occurred and is continuing or will occur as a result of such transaction, any merger or consolidation involving one or more Companies (so long as, if the Borrower is involved, it is the survivor), and (b) dissolution of any Company (other than the Borrower) if substantially all of its assets have been conveyed to any Company or disposed of as permitted in Section 9.8.
Mergers, Consolidations, and Dissolutions. No Restricted Company may merge or consolidate with any other Person or dissolve except:
(a) if no Default or Potential Default exists or will exist as a result of it, any merger or consolidation between Restricted Companies (so long as, if Borrower is involved, it is the survivor); and
(b) dissolution of any Subsidiary of a Restricted Company if substantially all of its assets have been conveyed to any Restricted Company.
Mergers, Consolidations, and Dissolutions. No Company may merge or consolidate with any other Person, or acquire, in one or a series of related transactions, all or substantially all of the equity or assets of any Person; provided that, notwithstanding the foregoing, so long as no Event of Default then exists or would be created by such transaction, Borrower may from time to time acquire substantially all of the assets of any of the Special Purpose Entities that have repaid in full all of the indebtedness and other obligations incurred by them in connection with an Asset Securitization. In addition, no Company may dissolve or convert to any other form of entity.
Mergers, Consolidations, and Dissolutions. Except as may be permitted under SECTION 9.3, no Company may liquidate, wind up, or dissolve or merge or consolidate with any other Person.
Mergers, Consolidations, and Dissolutions. No Company may liquidate, wind up, dissolve, merge or consolidate with any other Person except: (i) as may be permitted under SECTION 9.7 or 9.9, (ii) any merger or consolidation of a Subsidiary into another Subsidiary or into the Borrower, (iii) any liquidation, dissolution or conversion of a Subsidiary, or (iv) a Permitted Acquisition structured as a merger with Borrower, provided the Borrower is the surviving entity (after giving effect to the merger).
Mergers, Consolidations, and Dissolutions. No Guarantor or Company may merge or consolidate with any other Person or dissolve except (a) if no Event of Default or Potential Default exists or will exist as a result of it, any merger or consolidation, involving one or more Guarantors or Companies (so long as, if TEPPCO Partners is involved, it is the survivor, and if Borrower is involved other than with TEPPCO Partners, it is the survivor), and (b) dissolution of any Guarantor or Company (other than TEPPCO Partners) if substantially all of its assets have been conveyed to any other Guarantor or Company or disposed of as permitted in SECTION 9.9.
Mergers, Consolidations, and Dissolutions. Except as otherwise ----------------------------------------- provided in the first sentence of SECTION 9.8, no Domestic Company may merge or consolidate with any other Person or dissolve except, if no Event of Default or Potential Default exists or will exist as a result of it (a) any merger or consolidation between Domestic Companies so long as US Borrower is the survivor if it is involved and (b) dissolution of any Domestic Subsidiary of US Borrower if substantially all of its assets have been conveyed to any other Domestic Company to the extent that such Domestic Company is in compliance with SECTIONS 6 and 9.11.
Mergers, Consolidations, and Dissolutions. Except as otherwise ----------------------------------------- provided in the first sentence of SECTION 9.8, no Foreign Company may merge or consolidate with any other Person or dissolve except, if no Event of Default or Potential Default exists or will exist as a result of it (a) any merger or consolidation between Foreign Companies so long as a UK Borrower is the survivor if it is involved or one of them is the survivor if they are both involved, and (b) dissolution of any Subsidiary of a UK Borrower if substantially all of its assets have been conveyed to any other Foreign Company to the extent that such Foreign Company is in compliance with SECTIONS 6 and 9.11.
Mergers, Consolidations, and Dissolutions. No Restricted Company may merge or consolidate with any other Person or dissolve EXCEPT:
(a) if no Default or Potential Default exists or will exist as a result of it, any merger or consolidation (i) between Restricted Companies (SO LONG AS, if Borrower is involved, it is the survivor), or (ii) in connection with any Permitted Acquisition if the survivor is, or concurrently with that Permitted Acquisition becomes, a Restricted Company; and
(b) dissolution of any Restricted Company (OTHER THAN Borrower) if substantially all of its assets have been conveyed to any other Restricted Company or disposed of as permitted in SECTION 9.11.
Mergers, Consolidations, and Dissolutions. No Company may merge or consolidate with any other Person, or acquire, in one or a series of related transactions, all or substantially all of the equity or assets of any Person. In addition, no Company may dissolve or convert to any other form of entity.
