No Reincorporation. Without limiting the prohibitions on mergers involving the Grantor contained in the Note Purchase Agreement, Grantor shall not reincorporate or reorganize itself under the laws of any jurisdiction other than the jurisdiction in which it is incorporated or organized as of the date hereof without ten (10) Business Days prior written notice to First Lien Agent.
Appears in 2 contracts
Samples: First Lien Pledge and Security Agreement (Advanced Communications Technologies Inc), First Lien Pledge and Security Agreement (Encompass Group Affiliates, Inc)
No Reincorporation. Without limiting the prohibitions on mergers involving the Grantor contained in the Note Purchase Agreement, Grantor shall not reincorporate or reorganize itself under the laws of any jurisdiction other than the jurisdiction in which it is incorporated or organized as of the date hereof without ten (10) Business Days prior written notice to First Second Lien Agent.
Appears in 2 contracts
Samples: Second Lien Pledge and Security Agreement (Encompass Group Affiliates, Inc), Second Lien Pledge and Security Agreement (Advanced Communications Technologies Inc)
No Reincorporation. Without limiting the prohibitions on mergers involving the Grantor contained in the Senior Secured Note Purchase Agreement, Grantor shall not reincorporate or reorganize itself under the laws of any jurisdiction other than the jurisdiction in which it is incorporated or organized as of the date hereof without ten (10) Business Days the prior written notice to First Lien Agentconsent of Purchaser.
Appears in 1 contract
