Common use of Mergers and Other Transactions Clause in Contracts

Mergers and Other Transactions. In the event that the Issuer becomes the subject of a merger or other corporate transaction of a type contemplated in the SPA, the Trustee shall comply with the requirements set forth for such event in the SPA so long as the SPA is still in effect at the time and the SPA Purchaser is not in default thereunder. If the SPA is no longer in effect or the SPA Purchaser is in default thereunder, the provisions of Section 5.1 or Section 5.2, as applicable, shall govern.

Appears in 1 contract

Sources: Trust Agreement (Principal Health Care Inc)

Mergers and Other Transactions. In the event that the Issuer becomes the subject of a merger or other corporate transaction of a type contemplated in the SPA, the Trustee shall comply with the requirements set forth for such event in the SPA so long as the SPA is still in effect at the time and the SPA Purchaser is not in default thereunder. If the SPA is no longer in effect or the SPA Purchaser is in default thereunder, the provisions of Section 5.1 or Section 5.2, as applicable, shall govern.. ARTICLE CERTIFICATES

Appears in 1 contract

Sources: Trust Agreement (Blair Thomas L)