Common use of Disposal of Assets Clause in Contracts

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.

Appears in 17 contracts

Samples: Credit Agreement (Salem Media Group, Inc. /De/), Credit Agreement (Liberty Energy Inc.), Credit Agreement (Liberty Energy Inc.)

AutoNDA by SimpleDocs

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”).

Appears in 12 contracts

Samples: Credit Agreement (Performant Financial Corp), Credit Agreement (Insteel Industries Inc), Credit Agreement (Tessco Technologies Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a "plan of division").

Appears in 7 contracts

Samples: Credit Agreement (GoPro, Inc.), Credit Agreement (Liberty Energy Inc.), Credit Agreement (Liberty Energy Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each no Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 5 contracts

Samples: Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 4 contracts

Samples: Credit Agreement (Digirad Corp), Credit Agreement (InfuSystem Holdings, Inc), Credit Agreement (Chesapeake Oilfield Operating LLC)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.96.10, each no Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 3 contracts

Samples: Credit Agreement (Nevada Gold & Casinos Inc), Credit Agreement (Nevada Gold & Casinos Inc), Credit Agreement (Nevada Gold & Casinos Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.

Appears in 3 contracts

Samples: Credit Agreement (Paycor Hcm, Inc.), Credit Agreement (Seventy Seven Energy Inc.), Credit Agreement (Seventy Seven Energy Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 2 contracts

Samples: Credit Agreement, Possession Credit Agreement

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”).

Appears in 2 contracts

Samples: Credit Agreement (Glass House Brands Inc.), Credit Agreement (Glass House Brands Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”, and including the issuance or sale of Equity Interests by any Loan Party or any of their Subsidiaries).

Appears in 2 contracts

Samples: Assignment and Acceptance Agreement (Jakks Pacific Inc), First Lien Term Loan Facility Credit Agreement (Jakks Pacific Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each No Loan Party will not, and will not permit nor any of its Restricted Subsidiaries to, shall convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its such Loan Party’s or their assetssuch Restricted Subsidiaries’ assets other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9.

Appears in 2 contracts

Samples: Credit Agreement (Jda Software Group Inc), Credit Agreement (Jda Software Group Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party Borrower will not, and will not permit any of its Subsidiaries to, other Loan Party to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 2 contracts

Samples: Credit Agreement (Power Solutions International, Inc.), Credit Agreement (Power Solutions International, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each the Loan Party Parties will not, and will not permit any of its their Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 2 contracts

Samples: Credit Agreement (LiveVox Holdings, Inc.), Credit Agreement (LiveVox Holdings, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose to Dispose of any of its or their assets, except for Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9.

Appears in 2 contracts

Samples: Credit Agreement (CVR Energy Inc), Credit Agreement (CVR Partners, Lp)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose Dispose of any of its or their assets.

Appears in 2 contracts

Samples: Credit Agreement and Loan (Nautilus, Inc.), Credit Agreement (Nautilus, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose Dispose of any of its or their assets.assets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division” or pursuant to a Sale–Leaseback or other sale-and-leaseback transaction). 6.5

Appears in 2 contracts

Samples: Credit Agreement and Loan Documents (Nautilus, Inc.), Assignment and Acceptance Agreement (Nautilus, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.. 6.5

Appears in 2 contracts

Samples: Credit Agreement (BlueLinx Holdings Inc.), Credit Agreement (BlueLinx Holdings Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”), except for Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9. Equity Interests issued by a Person shall not be deemed to be assets of such Person for purposes of this Section 6.4.

Appears in 1 contract

Samples: Abl Credit Agreement (Cross Country Healthcare Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 Section 7.3 or 6.9Section 7.10, each Loan Party will not, and will not permit any of its Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly-divided limited liability companies pursuant to a “plan of division”).

Appears in 1 contract

Samples: Loan and Security Agreement (AFC Gamma, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.assets (including by 110 125672876_9 151541717_6

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.96.10, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (Emmis Communications Corp)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or 120 their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”).

Appears in 1 contract

Samples: Credit Agreement (Oil States International, Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.96.3, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose to Dispose of any of its or their assets.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Delek US Holdings, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each the Loan Party Parties will not, and will not permit any of its their Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.. 074658.16087/130783594v.4

Appears in 1 contract

Samples: Credit Agreement (LiveVox Holdings, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (Brooks Automation Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a "plan of division", and including the issuance or sale of Equity Interests by any Loan Party or any of their Subsidiaries).

Appears in 1 contract

Samples: Credit Agreement (Jakks Pacific Inc)

AutoNDA by SimpleDocs

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets including by means of a distribution of assets pursuant to a plan of division.

Appears in 1 contract

Samples: Credit Agreement (Northwest Pipe Co)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 7.3 or 6.97.12, each Loan Party will not, and will Parties shall not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral or any other asset except as expressly permitted by this Agreement. Lender shall not be deemed to have consented to any sale or other disposition of any of its the Collateral or their assetsany other asset except as expressly permitted in this Agreement or the other Loan Documents.

Appears in 1 contract

Samples: Credit and Security Agreement (Startek Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.assets (including by an allocation 101 125672876_9

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (AerSale Corp)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets (it being understood and agreed that a designation of a Subsidiary as an Unrestricted Subsidiary is deemed to be a disposition by its equity holder of assets).

Appears in 1 contract

Samples: Guaranty and Security Agreement (Forum Energy Technologies, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assets.assets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”). 6.5

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Operating Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose make any Dispositions of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”).

Appears in 1 contract

Samples: Credit Agreement (CPI Card Group Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party Borrower will not, and will not permit any of its Subsidiaries Loan Party Subsidiary to, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into a binding (without a contingency for Required Lenders consent) agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (Kronos Worldwide Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets or enter into any agreement to make any Disposition.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Energy Services Corp)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 7.3 or 6.97.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of), including by operation or as a result of an LLC division, any of its or their assetsassets or permit any of its Subsidiaries to issue Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Celadon Group Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections Section 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (Neogenomics Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 7.3 or 6.97.9, each Loan Party will not, and will not permit any of its Subsidiaries to, or Holdings to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 1 contract

Samples: Term Loan Agreement (Us Xpress Enterprises Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a "plan of division"). 6.5.

Appears in 1 contract

Samples: Credit Agreement (Ranger Energy Services, Inc.)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Domestic Subsidiaries to, to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (Advanced Energy Industries Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections Section 6.3 or Section 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”).

Appears in 1 contract

Samples: Credit Agreement (Neophotonics Corp)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, or Parent to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of its or their assets.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.96.3, each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose to Dispose of any of its or their assetsassets (including by an allocation of assets among newly divided limited liability companies pursuant to a “plan of division”).

Appears in 1 contract

Samples: Term Loan Credit Agreement (Delek US Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.