Common use of Mergers, Consolidations, Sales Clause in Contracts

Mergers, Consolidations, Sales. Not, and not permit any other Loan Party to, be a party to any merger or consolidation, make any Acquisition, purchase or otherwise acquire any partnership or joint venture interest in any other Person (other than a Person that is, or becomes as the result of purchase or acquisition, a Subsidiary), or sell, transfer, convey or lease all or any substantial part of its assets, or sell or assign with or without recourse any receivables, except for:

Appears in 10 contracts

Samples: Credit Agreement (Regal Rexnord Corp), Credit Agreement (Rexnord Corp), Credit Agreement (Regal Beloit Corp)

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Mergers, Consolidations, Sales. Not, and not permit any other Loan Party to, (i) be a party to any merger or consolidation, make any Acquisition, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities of any class of, or any partnership or joint venture interest in in, any other Person Person, (other than a Person that is, or becomes as the result of purchase or acquisition, a Subsidiary), or ii) sell, transfer, convey or lease all or any substantial part of its assetsassets or Capital Securities (including the sale of Capital Securities of any Subsidiary), or (iii) sell or assign with or without recourse any Accounts, Finance Receivables, or other receivables, except for:

Appears in 2 contracts

Samples: Credit Agreement (Pioneer Financial Services Inc), Credit Agreement (Pioneer Financial Services Inc)

Mergers, Consolidations, Sales. Not, and not permit any other Loan Party to, (a) be a party to any merger or consolidation, make any Acquisition, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities of any class of, or any partnership or joint venture interest in in, any other Person Person, (other than a Person that is, or becomes as the result of purchase or acquisition, a Subsidiary), or b) sell, transfer, convey or lease all or any substantial part of its assetsassets or Capital Securities (including the sale of Capital Securities of any Subsidiary) except for sales of inventory in the ordinary course of business, or (c) sell or assign with or without recourse any receivables, except forexcept:

Appears in 1 contract

Samples: Credit Agreement (Uti Worldwide Inc)

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Mergers, Consolidations, Sales. Not, and not permit any other Loan Party to, (x) be a party to any merger or consolidation, make any Acquisition, or purchase or otherwise acquire all or substantially all of the assets or any partnership or joint venture interest in Capital Securities of any class of any other Person Person, (other than a Person that is, or becomes as the result of purchase or acquisition, a Subsidiary), or y) sell, transfer, convey or lease all its assets or Capital Securities (including the sale of Capital Securities of any substantial part of its assetsSubsidiary) except for Permitted Dispositions, or (z) sell or assign with or without recourse any receivables, except for:

Appears in 1 contract

Samples: Loan and Security Agreement (Material Sciences Corp)

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