No Amalgamation. The Debtor will not change the nature of its business or amalgamate or otherwise merge with any person or permit all of or a substantial portion of its property to become the property of any other person, whether in one or a series of transactions, and the Debtor shall not do any act or thing that would materially adversely affect its business, property, prospects or financial condition.
Appears in 3 contracts
Samples: General Security Agreement (Innexus Biotechnology Inc), General Security Agreement (Innexus Biotechnology Inc), Security Agreement (3-D Geophysical Inc)
No Amalgamation. The Except as may be permitted in the Credit Agreement, the Debtor will not change the nature of its business or amalgamate or otherwise merge with any person or permit all of or a substantial portion of its property to become the property of any other person, whether in one or a series of transactions, and the Debtor shall not do any act or thing that would materially adversely affect its business, property, prospects or financial condition.
Appears in 1 contract
Samples: Security Agreement (West Marine Inc)
No Amalgamation. The Debtor will not change the nature of its business or amalgamate or otherwise merge with any person or permit all of or a substantial portion of its property to become the property of any other person, whether in one or in a series of transactions, and the Debtor shall not do any act or thing that would materially adversely affect its business, property, prospects or financial condition.; and
Appears in 1 contract
Samples: General Security Agreement (Pacific Stratus Ventures LTD)
