Common use of New Organizations Clause in Contracts

New Organizations. Borrower will obtain Xxxxxx’s written consent (which consent shall not be unreasonably withheld) before organizing, merging into or consolidating with an entity, acquiring all or substantially all of the assets of another, 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: Loan and Security Agreement (Rf Monolithics Inc /De/), Commercial Loan Agreement (Rf Monolithics Inc /De/)

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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: Broadwind Energy, Inc., Broadwind Energy, Inc.

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, managementchanging general manager or plant manager, or materially changing ownership or financial condition, or effecting or entering into a domestication, conversion or interest exchange.

Appears in 1 contract

Samples: Commercial Loan Agreement (Husker Ag LLC)

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New Organizations. Borrower will obtain XxxxxxLxxxxx’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 exchangeconditions.

Appears in 1 contract

Samples: Security Agreement (PSM Holdings Inc)

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