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 (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). (b) The Borrower shall not undertake or permit any merger, consolidation or reorganization.

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). (b) The Borrower shall not undertake or permit any merger, consolidation or reorganizationreorganisation.

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). (b) . • The Borrower shall not undertake or permit any merger, consolidation or reorganizationreorganisation.

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 EDC in its reasonable discretion) of its assets (whether in a single transaction or in a series of transactions, related or otherwise). (b) The Borrower shall not undertake or permit any merger, consolidation or reorganization.

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 the Bank in its reasonable discretion) of its assets (whether in a single transaction or in a series of transactions, related or otherwise). (b) The Borrower shall not undertake or permit any merger, consolidation or reorganization.