Mergers; Dissolution. Borrower will not merge or consolidate with or into any Person, unless Borrower is the surviving entity, no Qualified Borrower will merge or consolidate with or into any Person, unless Borrower, such Borrower Party, or another Borrower Party is the surviving entity. No Borrower Party will take any action to dissolve or terminate such Borrower Party, including, without limitation, any action to Dispose of all or substantially all of the property of such Borrower Party.
Mergers; Dissolution. No Borrower Party will merge or consolidate (including by way of Division) with or into any Person, unless such Borrower Party is the surviving entity, provided, however, that if any such merger or consolidation involves two or more Borrower Parties and/or any Managing Entity, such merger or consolidation shall not be consummated without prior confirmation from Administrative Agent that its Liens in the Collateral, after giving effect to such merger or consolidation, have been preserved, or receipt by Administrative Agent of documentation it reasonably requires to so preserve such Liens. Neither any Borrower Party nor any Managing Entity will take any action to dissolve, terminate, wind up, liquidate, merge or consolidate such Borrower Party or such Managing Entity, including any action to sell or dispose of in a single transaction or series of related transactions all or substantially all of the property of such Borrower Party or such Managing Entity.
Mergers; Dissolution. Merge or consolidate with or into any Person; or dissolve or agree to its dissolution.
Mergers; Dissolution. No Borrower will merge or consolidate with or into any Person, unless such Borrower is the surviving entity; provided, however, no Borrower shall merge or consolidate with any other Borrower hereunder unless, prior to the effectiveness of any such merger or consolidation, such Borrower enter into such Loan Documents, or amendments to Loan Documents, as may be reasonably requested by the Administrative Agent. The Borrower shall not take any action to dissolve, liquidate, wind up, terminate, merge or consolidate the Borrower, including, without limitation, any action to sell or dispose of all or substantially all of the property of the Borrower. None of the Borrower, Administrator or Adviser will take any action to liquidate, dissolve or terminate the Borrower, including, without limitation, any action to sell or dispose of all or substantially all of the property of Borrower. No Borrower will effectuate a Delaware Division.
Mergers; Dissolution. Borrower shall not, and shall not exercise its voting rights under Acquisition SPV’s Organizational Documents to permit Acquisition SPV to, merge or consolidate with or into any Person or liquidate, dissolve or terminate its existence.
Mergers; Dissolution. No Fund Borrower will merge, consolidate or divide with or into any Person, unless a Fund Borrower is the surviving entity, provided however, that if any such merger involves two or more Fund Borrowers or a Fund Borrower, such merger shall not be consummated without prior confirmation from Administrative Agent that its Liens in the Collateral, after giving effect to such merger, have been preserved, or receipt by Administrative Agent of documentation it reasonably requires to so preserve such Liens. No Fund Borrower will take any action to dissolve, wind-up or terminate such Fund Borrower, including, without limitation, any action to sell or dispose of all or substantially all of the property of such Fund Borrower, unless (a) to the extent such Borrower Party is a Borrower Party, such Borrower Party is no longer a Borrower Party hereunder, (b) such termination or dissolution shall not cause or permit the cancellation, excuse or reduction of the Unfunded Commitment or Capital Commitment of any Investors, and (c) such termination, winding-up or dissolution shall not adversely affect the ability of the rest of the Borrower Parties to perform their Obligations under this Credit Agreement or any of the other Loan Documents; provided, that a sale of any Portfolio Companies shall not be deemed a violation of this Section 10.02.
Mergers; Dissolution. (a) Borrower shall not (i) enter into any merger or consolidation or (ii) liquidate, wind up or dissolve (or suffer any liquidation, winding up or dissolution), terminate, or discontinue its business.
Mergers; Dissolution. No Borrower Party will merge or consolidate with or into any Person, unless such Borrower Party is the surviving entity, nor shall Adviser merge or consolidate with or into any Person, unless Adviser is the surviving entity or the Borrower has delivered to the Administrative Agent an opinion of counsel acceptable to the Administrative Agent, stating that any such consolidation or merger and any supplemental agreement executed in connection therewith is legal, valid and binding with respect to the Adviser and that the security interest granted by the Adviser hereunder remains unaffected and perfected and setting forth such other matters as the Administrative Agent may reasonably request, provided however, that if any such merger involves two or more Borrower Parties or a Borrower Party and Adviser, such merger shall not be consummated without prior confirmation from Administrative Agent that its Liens in the Collateral, after giving effect to such merger, have been preserved, or receipt by Administrative Agent of documentation it reasonably requires to so preserve such Liens. Neither any Borrower Party nor Adviser will take any action to dissolve or terminate such Borrower Party or Adviser, including, without limitation, any action to sell or dispose of all or substantially all of the property of such Borrower Party or Adviser.
Mergers; Dissolution. Fund will not merge or consolidate with or into any Person (unless Fund is the surviving entity), or dissolve or terminate.
Mergers; Dissolution. No Fund Borrower will merge, consolidate or divide with or into any Person, unless a Fund Borrower is the surviving entity. So long as it is a Fund Borrower, no Fund Borrower will take any action to dissolve, wind-up or terminate such Fund Borrower, including, without limitation, any action to sell or dispose of all or substantially all of the property of such Fund Borrower, unless the Administrative Agent consents that such dissolution, winding-up, termination or disposition is to or into another Fund Borrower.
