Termination of Existence. The Borrower shall terminate its existence or cease to exist or any Subsidiary shall terminate its existence or cease to exist (i) except by reason of a permitted merger or liquidation into or a consolidation with the Borrower or a Subsidiary, or (ii) except where a Subsidiary's termination or cessation of its existence shall have no Material Adverse Effect on the Borrower and its Subsidiaries, taken as a whole.
Appears in 3 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)
Termination of Existence. The Borrower shall terminate its existence or cease to exist Borrower, the Parent, the General Partner or any Subsidiary of the Borrower shall terminate its existence or cease to exist (i) except by reason of a permitted merger or liquidation of a Subsidiary into or a consolidation of a Subsidiary with the Borrower or a Subsidiaryanother Subsidiary of the Borrower, or (ii) except where a Subsidiary's termination or cessation of its existence shall have no could not reasonably be expected to result in a Material Adverse Effect on the Borrower and its Subsidiaries, taken as a wholeChange.
Appears in 2 contracts
Samples: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp)
Termination of Existence. The Borrower shall terminate its existence or cease to exist or any Subsidiary shall terminate its existence or cease to exist (i) except by reason of a permitted merger or liquidation into or a consolidation with the Borrower or a SubsidiarySubsidiary in accordance with the provisions hereof, or (ii) except where a Subsidiary's ’s termination or cessation of its existence shall have no Material Adverse Effect on the Borrower and its Subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Credit Agreement (Nui Corp /Nj/)
Termination of Existence. The Borrower shall terminate its existence or cease to exist or any Subsidiary shall terminate its existence or cease to exist (i) except by reason of a permitted merger or liquidation into or a consolidation with the Borrower or a SubsidiarySubsidiary in accordance with the provisions hereof, or (ii) except where a Subsidiary's termination or cessation of its existence shall have no Material Adverse Effect on the Borrower and its Subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Credit Agreement (Nui Corp /Nj/)
Termination of Existence. The Borrower shall terminate its existence or cease to exist Borrower, the General Partner or any ------------------------ Subsidiary of the Borrower shall terminate its existence or cease to exist (i) except by reason of a permitted merger or liquidation of a Subsidiary into or a consolidation of a Subsidiary with the Borrower or a Subsidiaryanother Subsidiary of the Borrower, or (ii) except where a Subsidiary's termination or cessation of its existence shall have no could not reasonably be expected to result in a Material Adverse Effect on the Borrower and its Subsidiaries, taken as a wholeChange.
Appears in 1 contract
Samples: Credit Agreement (Penn Virginia Resource Partners L P)
