Common use of Mergers, Consolidations and Sales Clause in Contracts

Mergers, Consolidations and Sales. The Borrower shall not, nor shall it permit any Borrower Subsidiary to, be a party to any merger or consolidation, or sell, transfer, lease or otherwise dispose of all or any part of its Property, including any disposition of Property as part of a sale and leaseback transaction, or in any event sell or discount (with or without recourse) any of its notes or accounts receivable; provided, however, that this Section shall not apply to nor operate to prevent:

Mergers, Consolidations and Sales. The Borrower shall not, nor shall it permit any Borrower Subsidiary to, not be a party to any merger or consolidation, or sell, transfer, lease or otherwise dispose of all or any part of its Propertyproperty, including any disposition of Property property as part of a sale and leaseback transaction, or in any event sell or discount (with or without recourse) any of its notes or accounts receivablereceivable without prior written consent of the Bank; provided, however, that this Section shall not apply to nor operate to prevent:prevent the sale or lease of inventory in the ordinary course of business.

Mergers, Consolidations and Sales. The Borrower shall not, nor shall it permit any Borrower Subsidiary to, not be a party to any merger or consolidationconsolidation with, or purchase or otherwise acquire all or substantially all of the assets or stock of any class of, or any partnership or joint venture interest in, any other Person, or sell, transfer, convey or lease or otherwise dispose of all or any part of its Property, including any disposition assets (other than the sale of Property as part Inventory in the ordinary course of a sale and leaseback transactionbusiness), or in any event sell or discount (assign, with or without recourse) , any Accounts Receivable, except with the prior written consent of its notes or accounts receivable; provided, however, that this Section shall not apply to nor operate to prevent:the Lenders.

Mergers, Consolidations and Sales. The Borrower shall not, nor shall it permit any Borrower Subsidiary to, not be a party to any merger or consolidation, or sell, transfer, lease or otherwise dispose of all or any part of its Property, including any disposition of Property as part of a sale and leaseback transaction, or in any event sell or discount (with or without recourse) any of its notes or accounts receivable; provided, however, that this Section shall not apply to nor operate to prevent: (a) the sale or lease of inventory in the ordinary course of business; and