Common use of When the Company May Merge, Etc Clause in Contracts

When the Company May Merge, Etc. The Company may not, in a single transaction or series of related transactions, consolidate or merge with or into, or effect a share exchange with (whether or not the Company is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets as an entirety or substantially as an entirety to, any person or entity unless: (a) either (i) the Company shall be the surviving or continuing corporation or (ii) the entity or person formed by or surviving any such consolidation or share exchange or into which the Company is merged (if other than the Company) or the entity or person which acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company as an entirety or substantially as an entirety (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, the due and punctual payment of the principal of, and interest and Liquidated Damages, if any, on, all of the Convertible Notes and the performance of every covenant of the Convertible Notes and this Indenture and the Registration Agreement on the part of the Company to be performed or observed, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Notes upon a Fundamental Change in accordance with the penultimate paragraph of Section 4.6 and conversion rights in accordance with Section 11.6 to the extent required by such Sections; (b) immediately after giving effect to such transaction no Default and no Event of Default shall have occurred and be continuing; and (c) the Company or such person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchange, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. For purposes of this Section 5.1, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more subsidiaries of the Company, the capital stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Gatx Corp)

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When the Company May Merge, Etc. The Company may not, in a single transaction or series of related transactions, consolidate or merge with or into, or effect a share exchange with into (whether or not the Company is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets to, any person as an entirety or substantially as an entirety to, any person or entity unless: (a) either (i) the Company shall be the surviving or continuing corporation or (ii) the entity or person formed by or surviving any such consolidation or share exchange or into which the Company is merged (if other than the Company) or the entity or person which acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company as an entirety or substantially as an entirety (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, the due and punctual payment of the principal of, and interest and Liquidated Damagespremium, if any, on, and interest on all of the Convertible Subordinated Notes and the performance of every covenant of the Convertible Subordinated Notes and this Indenture and the Registration Agreement on the part of the Company to be performed or observed, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Subordinated Notes upon a Fundamental Change Designated Event in accordance with the penultimate last paragraph of Section 4.6 4.06 and conversion rights in accordance with Section 11.6 12.06 to the extent required by such Sections; (b) immediately after giving effect to such transaction no Default and no Event of Default shall have occurred and be continuing; and (c) the Company or such person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchange, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. For purposes of this Section 5.1, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more subsidiaries of the Company, the capital stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Amkor Technology Inc)

When the Company May Merge, Etc. The Company may not, in a single transaction or series of related transactions, consolidate or merge with or into, or effect a share exchange with (whether or not the Company is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets as an entirety or substantially as an entirety to, any person or entity unless: (a) either (i) the Company shall be the surviving or continuing corporation or (ii) the entity or person formed by or surviving any such consolidation or share exchange or into which the Company is merged (if other than the Company) or the entity or person which acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company as an entirety or substantially as an entirety (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, the due and punctual payment of the principal of, and interest and Liquidated Damages, if any, on, all of the Convertible Notes and the performance of every covenant of the Convertible Notes and this Indenture and the Registration Agreement on the part of the Company to be performed or observed, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Notes upon a Fundamental Change in accordance with the penultimate paragraph of Section 4.6 5.4 and conversion rights in accordance with Section 11.6 14.6 to the extent required by such Sections; (b) immediately after giving effect to such transaction no Default and no Event of Default shall have occurred and be continuing; and (c) the Company or such person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchange, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. For purposes of this Section 5.18.1, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more subsidiaries of the Company, the capital stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Gatx Corp)

When the Company May Merge, Etc. The Company may not, in a single transaction or series of related transactions, consolidate or merge with or into, or effect a share exchange with into (whether or not the Company 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 as an entirety or substantially as an entirety to, any person or entity unless: (a) either (i) the Company shall be the surviving or continuing corporation or (ii) the entity or person formed by or surviving any such consolidation or share exchange or into which the Company is merged (if other than the Company) or the entity or person which acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company as an entirety or substantially as an entirety (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, the due and punctual payment of the principal of, and interest and Liquidated Damagespremium, if any, on, and interest on all of the Convertible Subordinated Notes and the performance of every covenant of the Convertible Subordinated Notes and this Indenture and the Registration Agreement on the part of the Company to be performed or observed, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Subordinated Notes upon a Fundamental Change Designated Event in accordance with the penultimate last paragraph of Section 4.6 and conversion rights in accordance with Section 11.6 12.6 to the extent required by such Sections; (b) immediately after giving effect to such transaction no Default and no Event of Default shall have occurred and be continuing; and (c) the Company or such person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchange, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. For purposes of this Section 5.1, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more subsidiaries Subsidiaries of the Company, the capital stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Praegitzer Industries Trust I)

When the Company May Merge, Etc. The Company may shall not, in a single transaction or series of related transactions, consolidate or merge with or into, or effect a share exchange with (whether or not the Company it 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, as an entirety or substantially as an entirety toentirety, to any person or entity (other than to one or more direct or indirect wholly-owned subsidiaries or in a Permitted Joint Venture) unless: (a) either (i) the Company it shall be the surviving or continuing corporation of that merger, consolidation or share exchange or (ii) if it shall not be the surviving or continuing corporation, the entity or person formed by or surviving any such consolidation consolidation, merger or share exchange (or into which the Company is merged (if other than the Companyits parent) or the entity or person which acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company as an entirety or substantially as an entiretyentirety (or its parent): (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, the due and punctual payment of the principal of, of and interest and Liquidated Damages, if any, on, all of on the Convertible Notes and the performance of every covenant of under the Convertible Notes and this Indenture and the Registration Rights Agreement on the part of the Company to be performed or observed, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Notes upon a Fundamental Change in accordance with the penultimate paragraph of Section 4.6 3.06 and conversion rights in accordance with Section 11.6 11.06 to the extent required by such Sections; (b) immediately after giving effect to such transaction no Default and no or Event of Default shall have occurred and be continuing; and (c) the Company it or such successor person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchange, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. For purposes of this Section 5.14.01, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more subsidiaries of the Company, the capital stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Navistar International Corp)

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When the Company May Merge, Etc. The Company may not, in a single transaction or series of related transactions, consolidate or merge or combine with or into, or effect a share exchange with into (whether or not the Company is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets to, any corporation as an entirety or substantially as an entirety to, any person or entity unless: (a) either: (i) the Company shall be the surviving or continuing corporation or (ii) the entity or person corporation formed by or surviving any such consolidation or share exchange merger or into which the Company is merged combination (if other than the Company) or the entity or person corporation which acquires by sale, assignment, transfer, lease, conveyance or other disposition of all or substantially all of the properties and assets of the Company as an entirety or substantially as an entiretyCompany (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, assume the due and punctual payment of the principal of, and interest and Liquidated Damages, if any, on, on all of the Convertible Notes and the performance of every covenant of the Convertible Company under the Notes and this Indenture and the Registration Agreement on the part of the Company to be performed or observedIndenture, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Notes upon a Fundamental Change Designated Event in accordance with the penultimate paragraph of Section 4.6 4.06(e) and conversion rights in accordance with Section 11.6 12.06 to the extent required by such Sections, pursuant to a supplemental indenture; (b) immediately after giving effect to such transaction no Default and no Event of Default shall have occurred and be continuingexists; and (c) the Company or such person Person shall have delivered to the Trustee an Officers' Officer’s Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchangecombination, sale, assignment, disposition, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. . (d) For purposes of this Section 5.15.01, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more subsidiaries of the Company, the capital stock Capital Stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Amkor Technology Inc)

When the Company May Merge, Etc. The Company may not, in a single transaction or series of related transactions, consolidate or merge with or into, or effect a share exchange with into (whether or not the Company is the surviving corporation), or sell, assign, transfer, leaseconvey, convey lease or otherwise dispose of all or substantially all of its properties or assets to another corporation, person or entity as an entirety or substantially as an entirety to, any person or entity unless: (a) either: (i) the Company shall be the surviving or continuing corporation corporation; or (ii) the entity or person formed by or surviving any such consolidation or share exchange or into which the Company is merged (if other than the Company) or the entity or person which acquires by sale, assignment, transfer, lease, conveyance or other disposition the properties and assets of the Company as an entirety or substantially as an entiretyentirety shall: (1) shall be a corporation organized and validly existing under the laws of the United States or any State thereof or the District of Columbia Columbia; and (2) shall expressly assume, by supplemental indenture in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee, the due and punctual payment of the principal of, and interest and Liquidated Damagesof or premium, if any, and interest on, all of the Convertible Notes and the performance of every covenant of the Convertible Notes and this Indenture and the Registration Agreement on the part of the Company to be performed or observed, including, without limitation, modifications to rights of holders to cause the repurchase of Convertible Notes upon a Fundamental Change in accordance with the penultimate paragraph of Section 4.6 12.6 and conversion rights in accordance with Section 11.6 12.6 to the extent required by such Sections; (b) immediately after giving effect to such transaction transaction, no Default and no Event of Default Default, and no event that, after notice or lapse of time or both, would become an Event of Default, shall have occurred and be continuing; and (c) the Company or such person shall have delivered to the Trustee an Officers' Certificate and an Opinion of Counsel each stating that such consolidation, merger, share exchangesale, assignment, transfer, conveyance, transfer lease or lease other disposition and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this provision of this Indenture and that all conditions precedent in this Indenture relating to such transaction have been satisfied. For purposes of this Section 5.1, the transfer (by leasesale, assignment, sale transfer, conveyance, lease or otherwiseother disposition, in a single transaction or series of transactions) , of all or substantially all of the properties or assets of one or more subsidiaries of the Company, the capital stock of which constitutes all or substantially all of the properties and assets of the Company, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Company.

Appears in 1 contract

Samples: Indenture (Agere Systems Inc)

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