Common use of No Mergers Clause in Contracts

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

Appears in 8 contracts

Samples: Insurance Agreement (UPFC Auto Receivables Trust 2007-A), Insurance Agreement (First Investors Financial Services Group Inc), Insurance Agreement (First Investors Financial Services Group Inc)

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

Appears in 3 contracts

Samples: Insurance and Reimbursement Agreement (TFC Enterprises Inc), Insurance and Indemnity Agreement (TFC Enterprises Inc), Insurance and Indemnity Agreement (TFC Enterprises Inc)

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

Appears in 2 contracts

Samples: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-3), Insurance Agreement (Santander Drive Auto Receivables Trust 2007-1)

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

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD)

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

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Bear Stearns Asset Backed Securities Inc)

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

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)

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