Common use of Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms Clause in Contracts

Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms. Subject to Section 1208, each Subsidiary Guarantor shall not, and the Company shall not permit any Subsidiary Guarantor to, consolidate or merge with or into or wind up into (whether or not such Subsidiary Guarantor is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions to, any Person unless:

Appears in 2 contracts

Samples: Indenture (Aleris Corp), Indenture (Kaiser Aluminum Corp)

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Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms. Subject to Section 1208, each Subsidiary Guarantor shall not, and the The Company shall will not permit any Subsidiary Guarantor to, to consolidate with or merge with or into into, and will not permit the conveyance, transfer or wind up into (whether or not such Subsidiary Guarantor is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose lease of all or substantially all of its properties or the assets in one or more related transactions of any Subsidiary Guarantor to, any Person (other than the Company or another Subsidiary Guarantor) unless:

Appears in 1 contract

Samples: First Supplemental Indenture (Concho Resources Inc)

Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms. Subject to Section 1208, each Subsidiary Guarantor shall not, and the Company shall not permit any Subsidiary Guarantor to, consummate a Division as the Dividing Person (whether or not the Company or such Subsidiary Guarantor is the surviving Person), consolidate or merge with or into or wind up into (whether or not such Subsidiary Guarantor is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions to, any Person unless:

Appears in 1 contract

Samples: Indenture (Kaiser Aluminum Corp)

Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms. Subject to Section 1208, each Subsidiary Guarantor shall not, and the The Company shall will not permit any Subsidiary Guarantor toto consolidate with, consolidate or merge with or into or wind up into (whether or into, and will not such Subsidiary Guarantor is permit the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose disposition of all or substantially all of its properties or the assets in one or more related transactions of any Subsidiary Guarantor to, any Person (other than the Company or another Subsidiary Guarantor) unless:

Appears in 1 contract

Samples: Sixth Supplemental Indenture (Concho Resources Inc)

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Subsidiary Guarantors May Consolidate, Etc., Only on Certain Terms. Subject to Section 1208, each Subsidiary Guarantor shall not, and the The Company shall will not permit any Subsidiary Guarantor to, to consolidate with or merge with or into into, and will not permit the conveyance, transfer or wind up into (whether or not such Subsidiary Guarantor is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose lease of all or substantially all of its properties or the assets in one or more related transactions of any Subsidiary Guarantor to, any Person unless:(other than the Company or another Subsidiary Guarantor) unless (x) such Subsidiary Guarantor is released from its obligations under its Subsidiary Guarantee pursuant to Section 1604 or (y):

Appears in 1 contract

Samples: Second Supplemental Indenture (Stone Energy Corp)

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