Common use of TRANSFER OF ASSETS OR CONTROL Clause in Contracts

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiary.

Appears in 9 contracts

Samples: Loan Agreement (Rent a Wreck of America Inc), Loan Agreement (Eateries Inc), Loan Agreement (Accredo Health Inc)

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TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiaryBorrower.

Appears in 4 contracts

Samples: Loan Agreement (Medical Technology Systems Inc /De/), Loan Agreement (Medical Technology Systems Inc /De/), Loan Agreement (Medical Technology Systems Inc /De/)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form from or acquire any subsidiary.

Appears in 3 contracts

Samples: Loan Agreement (Pec Solutions Inc), Loan Agreement (Powercerv Corp), Loan Agreement (Integral Systems Inc /Md/)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any existing assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiarysubsidiary that would result in the Borrower not being the surviving entity.

Appears in 3 contracts

Samples: Credit Agreement (Stephan Co), Credit Agreement (Stephan Co), Credit Agreement (Stephan Co)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its businesstheir respective businesses, or enter into any merger or consolidation, or transfer control or ownership of the either Borrower or form or acquire any subsidiary.

Appears in 2 contracts

Samples: Loan Agreement (Mexco Energy Corp), Loan Agreement (Mexco Energy Corp)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiary., except as provided in paragraph 2B.

Appears in 1 contract

Samples: Loan Agreement (American Aircarriers Support Inc)

TRANSFER OF ASSETS OR CONTROL. Sell_____all, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower Borrower, any Guarantor or Subsidiary or form or acquire any subsidiarySubsidiary.

Appears in 1 contract

Samples: Loan Agreement (Dental Care Alliance Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiary. Bank hereby consents to Borrower conducting an Initial Public Offering of 2,000,000+/- shares.

Appears in 1 contract

Samples: Loan Agreement (American Aircarriers Support Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiary.

Appears in 1 contract

Samples: Economic Development and Incentive Agreement (United Medicorp Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiaryBorrower.

Appears in 1 contract

Samples: Loan Agreement (Closure Medical Corp)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiary.

Appears in 1 contract

Samples: Loan Agreement (Peerless Manufacturing Co)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, in which Borrower is not the surviving entity, or transfer control or ownership of the Borrower or form or acquire any subsidiaryBorrower.

Appears in 1 contract

Samples: Loan Agreement (Tandy Brands Accessories Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiarySubsidiary.

Appears in 1 contract

Samples: Loan Agreement (SCB Computer Technology Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower Subsidiaries or form or acquire any other subsidiary.

Appears in 1 contract

Samples: Loan Agreement (Eateries Inc)

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TRANSFER OF ASSETS OR CONTROL. Sell, lease, sell and leaseback, assign or otherwise dispose of or transfer any all or substantially all of its assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiaryBorrower.

Appears in 1 contract

Samples: Loan Agreement (Frisby Technologies Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiaryBorrower.

Appears in 1 contract

Samples: Loan Agreement (Medical Technology Systems Inc /De/)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiaryMFP.

Appears in 1 contract

Samples: Loan Agreement (Shop at Home Inc /Tn/)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of all or transfer any assets, except in substantially all of the normal course assets or properties of its businessBorrower, or enter into any merger or merger, consolidation, or transfer control or ownership of other business combination, unless Borrower is the Borrower or form or acquire any subsidiarysurviving corporation.

Appears in 1 contract

Samples: Loan Agreement (Brightstar Information Technology Group Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of Borrower (other than a transfer made pursuant to the Borrower Dorinco Loan Documents), or form or acquire any subsidiary.

Appears in 1 contract

Samples: Loan Agreement (Hallmark Financial Services Inc)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except inventory and used equipment in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form from or acquire any subsidiarySubsidiary.

Appears in 1 contract

Samples: Loan Agreement (American Retirement Corp)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, sell and leaseback, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower Borrower, or form or acquire any subsidiarySubsidiary, except for a wholly-owned Subsidiary which has executed a guaranty of the Loans, in form satisfactory to the Bank.

Appears in 1 contract

Samples: Loan Agreement (Blue Rhino Corp)

TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or otherwise dispose of or transfer any assets, except in the normal course of its business, or enter into any merger or consolidation, or transfer control or ownership of the Borrower or form or acquire any subsidiary.

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement (Romac International Inc)

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