Limitation on Merger, Consolidation, or Sale

Limitation on Merger, Consolidation, or Sale
A covenant contained in a bond restricting a company’s ability to enter agreements with another firm for merging or consolidating operations.

Related posts:

  1. Limitation on Sale-and-Leaseback
  2. Limitation on Liens
  3. Limitation on Subsidiary Borrowing
  4. Limitation on Asset Dispositions
  5. Merger

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