Common use of SALE OF ASSETS, LIQUIDATION OR MERGER Clause in Contracts

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any unallowable consolidation or merger where it is not the surviving entity and management team, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor lease all or the greater part of the assets or business of another.

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any unallowable consolidation or merger where it is not the surviving entity and management teamconsolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of anotheranother not in excess of One Million Dollars ($1,000,000) per year.

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any unallowable consolidation or merger where it is not the surviving entity and management teamconsolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase, acquire, or lease all or the greater part of the assets or business of another.

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any unallowable consolidation or merger where it is not the surviving entity and management teamconsolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of anotheranother in excess of Five Million Dollars ($5,000,000) during the term of this agreement, without prior consent of Bank.

SALE OF ASSETS, LIQUIDATION OR MERGER. Borrower will neither liquidate nor dissolve nor enter into any unallowable consolidation or merger where it is not the surviving entity and management teamconsolidation, merger, partnership or other combination, nor convey, nor sell, nor lease all or the greater part of its assets or business, nor purchase or lease all or the greater part of the assets or business of anotheranother except as permitted under Section 5.6 without prior written Bank consent.