As to the Borrower only, merge, dissolve, liquidate, consolidate with or into another Person, or dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.

As to the Borrower only, merge,Merge, dissolve, liquidate, consolidate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person, except that, so long as no Default exists or would result therefrom:

As to the Borrower only, merge,. Merge, dissolve, liquidate, consolidate or amalgamate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person, except that:

As to the Borrower only, merge,Merge, dissolve, liquidate, amalgamate, consolidate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person, except that, so long as no Default exists or would result therefrom:

As to the Borrower only, merge,Merge, dissolve, liquidate, consolidate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person (including, in each case, pursuant to a Division), except that, so long as no Default exists or would result therefrom:

As to the Borrower only, merge,Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person, except, so long as no Default or Event of Default exists or would result therefrom:

As to the Borrower only, merge,Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person, except that, so long as no Event of Default exists or would result therefrom:

As to the Borrower only, merge,Fundamental Changes. Merge, dissolve, liquidate, consolidate with or intointo, another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.

As to the Borrower only, merge,Fundamental Changes. Merge, dissolve, liquidate, divide, consolidate with or into another Person, or disposeDispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.Person, except that, so long as no Default or Event of Default exists or would result therefrom:

As to theany Borrower only, merge, dissolve, liquidate, consolidatemay merge with any other Borrower or into another Person, or disposemay Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.other Borrower;