Common use of Disposal of Assets Clause in Contracts

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s or its Subsidiaries assets.

Appears in 8 contracts

Samples: Credit Agreement (TrueBlue, Inc.), Credit Agreement (Watsco Inc), Credit Agreement (Magma Design Automation Inc)

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Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 BorrowerParent’s or its Subsidiaries assets.

Appears in 6 contracts

Samples: Credit Agreement (Hampshire Group LTD), Credit Agreement (Horizon Lines, Inc.), Credit Agreement (Hampshire Group LTD)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 BorrowerParent’s or its Subsidiaries assets.

Appears in 6 contracts

Samples: Credit Agreement (Angiotech Pharmaceuticals Inc), Credit Agreement (Finisar Corp), Credit Agreement (Medquist Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s Parent's or its Subsidiaries assets.

Appears in 4 contracts

Samples: Credit Agreement (MDC Partners Inc), Credit Agreement (MDC Partners Inc), Credit Agreement (MDC Partners Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, conveyConvey, sell, lease, license, assign, transfer, or otherwise dispose of (any assets of Parent or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of Borrower’s its Restricted Subsidiaries, except for Permitted Dispositions or its Subsidiaries assetstransactions expressly permitted by Sections 6.3 or 6.11.

Appears in 3 contracts

Samples: Credit Agreement (Polyone Corp), Credit Agreement (Polyone Corp), Credit Agreement (Polyone Corp)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 Borrower’s or its Subsidiaries assets.

Appears in 3 contracts

Samples: Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Internap Network Services Corp)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections Section 6.3 and Section 6.11, 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 Borrower’s its or its Subsidiaries assetstheir assets (any such conveyance, sale, lease, license, assignment, transfer or other disposition, a “Disposition”).

Appears in 3 contracts

Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Greenrose Holding Co Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 Borrower’s or its Subsidiaries Subsidiaries’ assets.

Appears in 3 contracts

Samples: Credit Agreement (Daegis Inc.), Credit Agreement (Daegis Inc.), Credit Agreement (Unify Corp)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 BorrowerParent’s or its Subsidiaries Subsidiaries’ assets.

Appears in 3 contracts

Samples: Credit Agreement (Oclaro, Inc.), Credit Agreement (Oclaro, Inc.), Credit Agreement (Oclaro, Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and or 6.11, 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 Borrower’s or its Subsidiaries Restricted Subsidiaries’ assets.

Appears in 3 contracts

Samples: Credit Agreement (Landrys Restaurants Inc), Credit Agreement (Landrys Restaurants Inc), Credit Agreement (Landrys Restaurants Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, conveyConvey, 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 Borrower’s or its Subsidiaries assetsRestricted Subsidiaries’ assets except for Permitted Dispositions or transactions expressly permitted by Sections 6.3 or 6.11.

Appears in 3 contracts

Samples: Assignment and Acceptance Agreement (Exide Technologies), Possession Credit Agreement (Exide Technologies), Credit Agreement (Exide Technologies)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections Section 6.3 and or Section 6.11, convey, sell, lease, license, assign, transfer, or otherwise dispose of (including pursuant to a Division) (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose ofof (including pursuant to a Division)) any of BorrowerParent’s or any of its Subsidiaries Restricted Subsidiaries’ assets.

Appears in 2 contracts

Samples: Credit Agreement (Golden Nugget Online Gaming, Inc.), Credit Agreement (Golden Nugget Online Gaming, Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s or its Subsidiaries assets.

Appears in 2 contracts

Samples: Credit Agreement (Alaska Air Group Inc), Credit Agreement (Alaska Air Group Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or, unless the effectiveness of such agreement is conditioned upon consent thereto by the Required Lenders or the payment in full of the Obligations, enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any assets of Borrower’s Borrower or its Subsidiaries assetsSubsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Logistics, LLC)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.116.12, 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, that is not expressly conditioned upon obtaining any requisite consent of Agent and Lenders hereunder) any of BorrowerParent’s or its Subsidiaries assets.

Appears in 2 contracts

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

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or, unless the effectiveness of such agreement is conditioned upon consent thereto by the Required Lenders or the payment in full of the Obligations, enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any assets of BorrowerParent’s or its Subsidiaries assetsSubsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Logistics, LLC)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 Borrower’s or its Subsidiaries Subsidiaries’ assets.

Appears in 2 contracts

Samples: Credit Agreement (Lincoln Educational Services Corp), Credit Agreement (Dixie Group Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 Section 7.3 and 6.11Section 7.11, 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 Borrower’s its or its Subsidiaries assetstheir assets (any such conveyance, sale, lease, license, assignment, transfer or other disposition, a “Disposition”).

Appears in 2 contracts

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

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.116.11 or set forth on Schedule 6.4, 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 Borrower’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Quest Software Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s 's or its Subsidiaries assets; provided that Borrower may enter into any such agreement so long as a condition to the consummation of such transaction is obtaining all consents required under this Agreement or paying in full in cash all of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Realpage Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 BorrowerParent’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Skechers Usa Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 ofof (unless a condition to the closing of such agreement is that: (i) any all Obligations be paid in full and all Revolver Commitments of Borrowerthe Lenders be terminated, or (ii) consent is obtained under this Agreement)) Parent’s or its Subsidiaries Subsidiaries’ assets.

Appears in 1 contract

Samples: Credit Agreement (American Commercial Lines Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or, unless the effectiveness of such agreement is conditioned upon consent thereto by the Required Lenders or the payment in full of the Obligations, enter 2333 into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any assets of Borrower’s Borrower or its Subsidiaries assetsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Jack Cooper Holdings Corp.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 Borrower’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (American Pacific Corp)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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) Parent’s or any of Borrower’s or its Subsidiaries Subsidiaries’ assets.

Appears in 1 contract

Samples: Credit Agreement (Supreme Industries Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 BorrowerParent’s assets or its Subsidiaries assetsthe assets of any Subsidiary of Parent.

Appears in 1 contract

Samples: Credit Agreement (Tronox Inc)

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Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s or its Subsidiaries assets; provided that Borrower may enter into any such agreement so long as a condition to the consummation of such transaction is obtaining all consents required under this Agreement or paying in full in cash all of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Realpage Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and Section 6.11, 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 BorrowerParent’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Angiotech Pharmaceuticals Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.116.9, 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 BorrowerParent’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (USA Mobility, Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 ofof unless such agreement expressly requires Agent’s consent to the subject transaction as a condition precedent to consummation of such transaction) any of BorrowerParent’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Securus Technologies, Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to conveyany Parent’s, sell, lease, license, assign, transfer, or otherwise dispose of) any of Borrower’s or its Subsidiaries any of their respective Subsidiaries’ assets.

Appears in 1 contract

Samples: Credit Agreement (Monotype Imaging Holdings Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 Section 7.3 and 6.11Section 7.11, 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 Borrower’s its or its Subsidiaries assets.their assets (any such conveyance, sale, lease, license, assignment, transfer or other disposition, a “Disposition”). 7.5

Appears in 1 contract

Samples: Credit Agreement (Jushi Holdings Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, 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 Borrower’s 's or its Subsidiaries a Loan Party's assets.

Appears in 1 contract

Samples: Credit Agreement (THQ Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.116.3, 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 Borrower’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Term Loan Agreement (TrueBlue, Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s or its Subsidiaries Subsidiaries’ assets.

Appears in 1 contract

Samples: Credit Agreement (Navarre Corp /Mn/)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11Section 6.3, 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 Holdings’ Borrower’s or its Subsidiaries their respective Subsidiaries’ assets.

Appears in 1 contract

Samples: Credit Agreement (SAVVIS, Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and 6.3, 6.9 or 6.11, 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 BorrowerParent’s or its Subsidiaries Subsidiaries’ assets.

Appears in 1 contract

Samples: Credit Agreement (Silicon Graphics International Corp)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly permitted by Sections 6.3 and or 6.11, convey, sell, lease, license, assign, transfer, or otherwise dispose of (or (other than in connection with the exercise by Borrower of its option to terminate this Agreement and terminate the Commitments by repaying to Agent all of the Obligations in full in accordance with Section 3.5) enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise dispose of) any of Borrower’s 's or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Patrick Industries Inc)

Disposal of Assets. Other than (x) Permitted Dispositions, Permitted Investments, or transactions expressly Dispositions and (y) Restricted Payments permitted by Sections 6.3 and 6.11pursuant to Section 7.10, 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 Borrower’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Loan and Security Agreement (Hercules Capital, Inc.)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Dispositions or transactions expressly as permitted by Sections 6.3 and 6.11Section 7.3, convey, sell, lease, license, assign, transfer, or otherwise dispose of, and shall cause each of (or enter into an agreement its Subsidiaries not to convey, sell, lease, license, assign, transfer, or otherwise dispose of) , any of Borrower’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Loan Agreement (Arg Property Management Corp)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, Permitted Transactions, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Utstarcom Inc)

Disposal of Assets. Other than Permitted Dispositions, Permitted Investments, or transactions expressly permitted by Sections 6.3 and 6.11, 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 Borrower’s Parent's or its Subsidiaries assets.

Appears in 1 contract

Samples: Credit Agreement (Angiotech Pharmaceuticals Inc)

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