Common use of Sale of Assets; Merger Clause in Contracts

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, lease or otherwise dispose of all or a substantial part of its assets (whether in a single transaction or in a series of transactions, related or otherwise).

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, lease or otherwise dispose of all or a substantial part (as determined by NIB in its reasonable discretion) of its assets (whether in a single transaction or in a series of transactions, related or otherwise).

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, assign, lease or otherwise dispose of (whether in one transaction or a series of transactions) all or a substantial part substantially all of its assets (whether in a single transaction now owned or in a series of transactions, related or otherwisehereafter acquired).

Sale of Assets; Merger. (a) The Borrower shall not not: (i) sell, transferconvey, lease transfer or otherwise dispose assign its interest in the Mortgaged Property unless the Loan and all of the Aggregate Debt, all Swap amounts due under the Note and all other monetary sums owed by Borrower to Agent under the Loan Documents all as determined by the Agent shall be paid from the proceeds of such transaction; or a substantial part of its assets (whether in a single transaction ii) consolidate with or in a series of transactions, related merge into any corporation or otherwise)other organization or permit any corporation or other organization to merge into it.

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, lease or otherwise dispose of all or a substantial part any of its assets (whether in a single transaction or in a series of transactions, related or otherwise)) with carrying value in excess of 20% of the Shareholders Equity, as provided in the relevant Financial Statements for the financial year preceding such disposition of assets.

Sale of Assets; Merger. (a) The Borrower shall not not: (i) sell, transferconvey, lease transfer or otherwise dispose assign its interest in the Mortgaged Property unless the Loan and all of the Aggregate Debt due under the Note and all other monetary sums owed by Borrower to Lender under the Loan Documents all as determined by Lender shall be paid from the proceeds of such transaction; or a substantial part of its assets (whether in a single transaction ii) consolidate with or in a series of transactions, related merge into any corporation or otherwise)other organization or permit any corporation or other organization to merge into it.

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, lease or otherwise dispose of all or a substantial part of its assets (whether in a single transaction or in a series of transactions, related or otherwise). • The Borrower shall not undertake or permit any merger, consolidation or reorganisation.

Sale of Assets; Merger. (a) The Borrower shall not (a) sell, transfer, assign, lease or otherwise dispose of (whether in one transaction or a series of transactions) all or a substantial part substantially all of its assets (whether in a single transaction now owned or in a series of transactions, related hereafter acquired) or otherwise)(b) consolidate with or merge into any other corporation or permit any corporation to merge into it.

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, lease or otherwise dispose of all or a substantial part (as determined by EDC in its reasonable discretion) of its assets (whether in a single transaction or in a series of transactions, related or otherwise).

Sale of Assets; Merger. (a) The Borrower shall not sell, transfer, lease or otherwise dispose of all or a substantial part (as determined by the Bank in its reasonable discretion) of its assets (whether in a single transaction or in a series of transactions, related or otherwise).