Common use of No Mergers Clause in Contracts

No Mergers. The Trust shall not consolidate with or merge into any Person or transfer all or any material amount of its assets to any Person (except as contemplated by the Transaction Documents) or liquidate or dissolve.

Appears in 14 contracts

Sources: Insurance and Indemnity Agreement (Arcadia Financial LTD), Insurance and Indemnity Agreement (Olympic Financial LTD), Insurance and Indemnity Agreement (Arcadia Financial LTD)

No Mergers. The Trust shall not consolidate with or merge into any Person or transfer all or any material amount of its assets to any Person (Person, liquidate or dissolve except as permitted by the Trust Agreement and as contemplated by the Transaction Documents) or liquidate or dissolve.

Appears in 8 contracts

Sources: Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2010-B), Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2010-A), Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2004-D-F)

No Mergers. The Trust shall not consolidate with or merge into any Person or transfer all or any material amount portion of its assets to any Person (or liquidate or dissolve except as contemplated by the Transaction Documents) or liquidate or dissolve.

Appears in 2 contracts

Sources: Insurance and Indemnity Agreement (National Auto Finance Co Inc), Insurance and Indemnity Agreement (National Auto Finance Co Inc)

No Mergers. The Trust shall not consolidate with or merge into any Person or transfer all or any material amount of its assets to any Person (Person, liquidate or dissolve except as contemplated permitted by the Transaction Documents) or liquidate or dissolve.

Appears in 1 contract

Sources: Insurance and Indemnity Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1)

No Mergers. The Trust shall not consolidate with or merge into any Person or transfer all or any material amount portion of its assets to any Person (or liquidate or dissolve except as contemplated expressly permitted by the Transaction Documents) or liquidate or dissolve.

Appears in 1 contract

Sources: Insurance and Indemnity Agreement (National Auto Finance Co Inc)

No Mergers. The Trust shall not consolidate with or merge into any Person or transfer all or any material amount of its assets to any Person (Person, liquidate or dissolve except as permitted by the Trust Agreement and as contemplated by the Transaction Documents) or liquidate or dissolveDocuments and with the prior written consent of the Insurer.

Appears in 1 contract

Sources: Insurance Agreement (UPFC Auto Receivables Corp.)