Common use of Sale of Assets or Merger Clause in Contracts

Sale of Assets or Merger. Sell or otherwise dispose of all or substantially all of its assets (other than Unrestricted Margin Stock), or merge with any other corporation unless Holdings or one of its Subsidiaries is the surviving corporation except that the sale of all or substantially all of the assets of any Subsidiary, or the merger of any Subsidiary when it is not the surviving corporation shall not violate this Section 7.06 if the assets of such Subsidiary are not material in relation to the assets of Holdings and its Subsidiaries, taken as a whole.

Sale of Assets or Merger. Sell or otherwise dispose of all or substantially all of its the assets (other than Unrestricted Margin Stock), or merge with any other corporation Person unless Holdings the Borrower or one of its Subsidiaries is the surviving corporation Person, except that the sale of all or substantially all of the assets of any Subsidiarya Subsidiary of the Borrower, or the merger of any Subsidiary of the Borrower when it is not the surviving corporation Person shall not violate this Section 7.06 if the assets of such Subsidiary are not material in relation to the assets of Holdings the Borrower and its Subsidiaries, taken as a whole.

Sale of Assets or Merger. Sell or otherwise dispose of all or substantially all of its the assets (other than Unrestricted Margin Stock), or merge with any other corporation unless Holdings the Borrower or one of its Subsidiaries is the surviving corporation except that the sale of all or substantially all of the assets of any Subsidiarya Subsidiary of the Borrower, or the merger of any Subsidiary of the Borrower when it is not the surviving corporation shall not violate this Section 7.06 if the assets of such that Subsidiary are not material in relation to the assets of Holdings the Borrower and its Subsidiaries, taken as a whole.

Sale of Assets or Merger. Sell or otherwise dispose of all or substantially all of its assets (other than Unrestricted Margin Stock)the assets, or merge with any other corporation unless Holdings Borrower or one of its Subsidiaries is the surviving corporation except that the sale of all or substantially all of the assets of any Subsidiarya Subsidiary of Borrower, or the merger of any Subsidiary of Borrower when it is not the surviving corporation shall not violate this Section 7.06 if the assets of such that Subsidiary are not material in relation to the assets of Holdings Borrower and its Subsidiaries, taken as a whole.