Change in Corporate Structure. Except as previously disclosed in writing, the board of directors of each of VRI, Vastar Holdings, VGM, VPM or Vastar LP Sub (as reflected in their respective minutes) is not currently contemplating and does not have any plans to consolidate, merge with or, reorganize or recapitalize with any other Person or to convey, transfer, sell, or lease a substantial portion of its assets to any other Person in a single transaction or series of transactions.
Appears in 2 contracts
Sources: Formation Agreement (Vastar Resources Inc), Formation Agreement (Southern Energy Inc)