Common use of No Reorganization Clause in Contracts

No Reorganization. Subject to Article 12, each of the Obligors covenants and agrees that they will not enter into any scheme or arrangement for any reconstruction or reorganization involving any of the Corporation or for any consolidation, amalgamation, merger, arrangement or similar transaction involving the Corporation and any other Person.

Appears in 2 contracts

Sources: Indenture, Indenture

No Reorganization. Subject to Article 1213, each of the Obligors covenants and agrees that they will not enter into any scheme or arrangement for any reconstruction or reorganization involving any of the Corporation or any Guarantor or for any consolidation, amalgamation, merger, arrangement or similar transaction involving the Corporation Corporation, or any Guarantor, and any other Person.

Appears in 1 contract

Sources: Indenture