When Corporation May Merge, etc. The Corporation shall not consolidate with or merge into, or transfer all or substantially all of its assets to, another corporation or entity unless the resulting, surviving or transferee corporation or entity assumes by supplemental Indenture all the obligations of the Corporation under the Securities and this Indenture. No consent of any Security Owner or Trustee is required with respect to any such consolidation, merger or transfer that complies with the previous sentence.
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Samples: Trust Indenture (Pif/Cornerstone Ministries Investments Inc), Cornerstone Ministries Investments Inc, Pif/Cornerstone Ministries Investments Inc
When Corporation May Merge, etc. The Corporation shall not consolidate with or merge into, or transfer all or substantially all of its assets to, to another corporation or entity unless the resulting, surviving or transferee corporation or entity assumes by supplemental Indenture indenture all the obligations of the Corporation under the Securities and this Indenture. No consent Thereafter all such obligations of any Security Owner or Trustee is required with respect to any such consolidation, merger or transfer that complies with the previous sentencepredecessor corporation shall terminate.
Appears in 3 contracts
Samples: Promissory Note (Genesis Financial Group Inc \Va\), Indenture (Genesis Financial Group Inc \Va\), Genesis Financial Group Inc \Va\
When Corporation May Merge, etc. The Corporation shall not consolidate with or merge into, or transfer all or substantially all of its assets to, another corporation or entity unless the resulting, surviving or transferee corporation or entity assumes by supplemental Indenture indenture all the obligations of the Corporation under the Securities and this Indenture. No consent of any Security Owner or Trustee is required with respect to any such consolidation, merger or transfer that complies with the previous sentence.
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When Corporation May Merge, etc. The Corporation shall not consolidate with or merge into, or transfer all or substantially all of its assets to, another corporation or entity unless the resulting, surviving or transferee corporation or entity assumes by supplemental Indenture all the obligations of the Corporation under the Securities and this Indenture. No consent of any Security Owner or Trustee is required with respect to any such consolidation, merger or transfer that complies with the previous sentence.. DEFAULTS AND REMEDIES
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