Common use of New Organizations Clause in Contracts

New Organizations. Borrower will obtain Xxxxxx’s written consent before organizing, merging into, or consolidating with an entity; acquiring all or substantially all of the assets of another; or materially changing legal structure, management, ownership or financial condition.

Appears in 2 contracts

Samples: Commercial Loan Agreement (Broadwind Energy, Inc.), Commercial Loan Agreement (Broadwind Energy, Inc.)

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New Organizations. Borrower will obtain Xxxxxx’s written consent (which consent shall not be unreasonably withheld) before organizing, merging into, into or consolidating with an entity; , acquiring all or substantially all of the assets of another; or , materially changing the legal structure, management, ownership or financial condition, or effecting or entering into a domestication, conversion or interest exchange.

Appears in 2 contracts

Samples: Commercial Loan and Security Agreement (Rf Monolithics Inc /De/), Commercial Loan Agreement (Rf Monolithics Inc /De/)

New Organizations. Borrower will obtain Xxxxxx’s written consent before organizing, merging into, or consolidating with an entity; acquiring all or substantially all of the assets of another; or materially changing legal structure, managementchanging general manager or plant manager, or materially changing ownership or financial condition.

Appears in 1 contract

Samples: Commercial Loan Agreement (Husker Ag LLC)

New Organizations. Borrower will obtain XxxxxxLxxxxx’s written consent before organizing, merging into, or consolidating with an entity; acquiring all or substantially all of the assets of another; or materially changing legal structure, management, ownership or financial conditionconditions.

Appears in 1 contract

Samples: Commercial Security Agreement (PSM Holdings Inc)

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New Organizations. Borrower will obtain XxxxxxLender’s written consent (which consent shall not be unreasonably withheld) before organizing, merging into, into or consolidating with an entity; , acquiring all or substantially all of the assets of another; or , materially changing the legal structure, management, ownership or financial condition, or effecting or entering into a domestication, conversion or interest exchange.

Appears in 1 contract

Samples: Commercial Loan Agreement

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