Common use of Transfer; Merger; Sales Clause in Contracts

Transfer; Merger; Sales. The Borrower shall not, whether in one transaction or a series of related transactions, (a) be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities of any class of, or any partnership or joint venture interest in, any other Person, except for (i) Permitted Acquisitions, and (ii) purchases of assets in the ordinary course of business, or (b) sell, transfer, convey or lease all or any substantial part of its assets or Capital Securities, except for Permitted Dispositions.

Appears in 2 contracts

Samples: Loan and Security Agreement (PLM Equipment Growth Fund V), Loan and Security Agreement (PLM Equipment Growth Fund V)

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Transfer; Merger; Sales. The Borrower Borrowers shall not, whether in one transaction or a series of related transactions, (a) be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities of any class of, or any partnership or joint venture interest in, any other Person, except for (i) Permitted Acquisitions, and (ii) purchases of assets in the ordinary course of business, or (b) sell, transfer, convey or lease all or any substantial part of its assets or Capital Securities, except for Permitted Dispositions.sales of inventory in the ordinary course of business, or (c) sell or assign, with or without recourse, any receivables; except that, notwithstanding the foregoing, the Borrowers may transfer assets between them

Appears in 1 contract

Samples: Loan Agreement (Amerinac Holding Corp.)

Transfer; Merger; Sales. The Borrower shall not, whether in one transaction or a series of related transactions, (a) be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities of any class of, or any partnership or joint venture interest inor, any other Person, except for (i) Permitted Acquisitions, and (ii) purchases of assets in the ordinary course of business, or (b) sell, transfer, convey or lease all or any substantial part of its assets or Capital Securities, except for Permitted Dispositionsor (c) sell or assign, with or without recourse, any receivables.

Appears in 1 contract

Samples: Loan and Security Agreement (FC Global Realty Inc)

Transfer; Merger; Sales. The Borrower Borrowers shall not, whether in one transaction or a series of related transactions, (a) be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities of any class of, or any partnership or joint venture interest in, any other Person, except for (i) Permitted Acquisitions, and (ii) purchases of assets in the ordinary course of business, or (b) sell, transfer, convey or lease all or any substantial part of its assets or Capital Securities, except for Permitted Dispositions.

Appears in 1 contract

Samples: Loan and Security Agreement (Inland American Real Estate Trust, Inc.)

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Transfer; Merger; Sales. The Borrower shall not, whether in one transaction or a series of related transactions, without the written consent of the Lender, (a) be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any Capital Securities capital securities of any class of, or any partnership or joint venture interest in, any other Personentity, except for (i) Permitted Acquisitions, and (ii) purchases of assets in the ordinary course of business, or (b) sell, transfer, convey or lease all or any substantial part of its assets assets, the Licenses or Capital Securitiesany other governmental authorizations, except for Permitted Dispositionsor (c) sell or assign, with or without recourse, any receivables.

Appears in 1 contract

Samples: Investment Agreement (MedMen Enterprises, Inc.)

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