Sale of Assets; Merger. Borrower shall not: (i) sell, convey, transfer or 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 (ii) consolidate with or merge into any corporation or other organization or permit any corporation or other organization to merge into it.
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Samples: Loan Agreement (Trulieve Cannabis Corp.), Loan Agreement
Sale of Assets; Merger. The Borrower shall not: (i) not sell, conveytransfer, transfer assign, lease or assign its interest otherwise dispose of (whether in the Mortgaged Property unless the Loan and one transaction or a series of transactions) all or substantially 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; its assets (whether now owned or (ii) consolidate with or merge into any corporation or other organization or permit any corporation or other organization to merge into ithereafter acquired).
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Samples: Loan and Security Agreement (Medallion Financial Corp), Loan and Security Agreement (Medallion Financial Corp)
Sale of Assets; Merger. Borrower shall not: (i) sell, convey, transfer or assign its interest in the Mortgaged Property unless the Loan and all of the Aggregate Debt, all Swap amounts Debt due under the Note and all other monetary sums owed by Borrower to Agent Lender under the Loan Documents all as determined by the Agent Lender shall be paid from the proceeds of such transaction; or (ii) consolidate with or merge into any corporation or other organization or permit any corporation or other organization to merge into it.
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Sale of Assets; Merger. The Borrower shall not: not (ia) sell, conveytransfer, transfer assign, lease or assign its interest otherwise dispose of (whether in the Mortgaged Property unless the Loan and one transaction or a series of transactions) all or substantially 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; its assets (whether now owned or hereafter acquired) or (iib) consolidate with or merge into any other corporation or other organization or permit any corporation or other organization to merge into it.
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