Common use of Restrictions on Mergers Clause in Contracts

Restrictions on Mergers. LESSEE will not sell or convey substantially all of its property and assets or merge or consolidate with or into any other Person unless LESSEE has obtained LESSOR’s prior written consent which will not be unreasonably withheld.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

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Restrictions on Mergers. LESSEE will not sell or convey substantially all of its property and assets or merge merge, amalgamate or consolidate with or into any other Person unless LESSEE has obtained LESSOR’s 's prior written consent, such consent which will not to be unreasonably withheldwithheld or delayed.

Appears in 2 contracts

Samples: Aircraft Lease Agreement, Aircraft Lease Agreement

Restrictions on Mergers. LESSEE will not sell or convey substantially all of its property and assets or merge or consolidate with or into any other Person corporation unless LESSEE has obtained LESSOR’s 's prior written consent which will not be unreasonably withheldwithheld or, unless the surviving entity has a net worth after the merger or consolidation that is at least equal to that of LESSEE immediately prior to the merger or consolidation.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Western Pacific Airlines Inc /De/)

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Restrictions on Mergers. LESSEE will not sell or convey substantially all of its property and assets or merge or consolidate with or into any other Person corporation unless LESSEE has obtained LESSOR’s 's prior written consent which will not be unreasonably withheld.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Hawaiian Airlines Inc/Hi)

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