Common use of Disposition of Assets and Sale-Leaseback Transactions Clause in Contracts

Disposition of Assets and Sale-Leaseback Transactions. The Borrower will not, and will not permit any of its Subsidiaries to, dispose of or sell assets other than: (a) the disposition of assets in the ordinary course of business; (b) sale-leaseback transactions and other dispositions of assets that do not have a materially adverse effect on the business, assets or financial condition of the Borrower or any of its Subsidiaries, provided that (i) the aggregate net book value of the assets to be sold plus the net book value of all other assets of the Borrower and its Subsidiaries sold under this clause (b) during the period of time from the Effective Date through the date of such sale does not, at the time of such sale, exceed twenty-five percent (25%) of the Consolidated Total Assets of the Borrower and its Subsidiaries and (ii) such assets are sold in an arm’s length transaction for fair market value (after giving effect to all tax benefits, if any, associated with such sale); and (c) the sale of accounts receivable of the Borrower and/or its Subsidiaries pursuant to the transactions permitted under §6.1(q) hereof.

Disposition of Assets and Sale-Leaseback Transactions. The Borrower will not, and will not permit any of its Subsidiaries to, dispose of or sell assets other than: (a) the disposition of assets in the ordinary course of business; (b) sale-leaseback transactions and other dispositions of assets that do not have a materially adverse effect on the business, assets or financial condition of the Borrower or any of its Subsidiaries, provided that (i) the aggregate net book value of the assets to be sold plus the net book value of all other assets of the Borrower and its Subsidiaries sold under this clause (b) during the period of time from the Effective Closing Date through the date of such sale does not, at the time of such sale, exceed twenty-five percent (25%) % of the Consolidated Total Assets of the Borrower and its Subsidiaries Subsidiaries, and (ii) such assets are sold in an arm’s length transaction for fair market value (after giving effect to all tax benefits, if any, associated with such sale); and (c) the sale of accounts receivable of the Borrower and/or its Subsidiaries pursuant to the transactions permitted under §6.1(q) hereof.any Permitted Securitization Transaction. 47438543.7

Disposition of Assets and Sale-Leaseback Transactions. The Borrower will not, and will not permit any of its Subsidiaries to, dispose of or sell assets other than: (a) the disposition of assets in the ordinary course of business; (b) sale-leaseback transactions and other dispositions of assets that do not have a materially adverse effect on the business, assets or financial condition of the Borrower or any of its Subsidiaries, provided that (i) the aggregate net book value of the assets to be sold plus the net book value of all other assets of the Borrower and its Subsidiaries sold under this clause (b) during the period of time from the Effective Closing Date through the date of such sale does not, at the time of such sale, exceed twenty-five percent (25%) % of the Consolidated Total Assets of the Borrower and its Subsidiaries Subsidiaries, and (ii) such assets are sold in an arm’s length transaction for fair market value (after giving effect to all tax benefits, if any, associated with such sale); and (c) the sale of accounts receivable of the Borrower and/or its Subsidiaries pursuant to the transactions permitted under §6.1(q) hereofany Permitted Securitization Transaction.

Disposition of Assets and Sale-Leaseback Transactions. The Borrower will not, and will not permit any of its Subsidiaries to, dispose of or sell assets other than: (a) the disposition of assets in the ordinary course of business; (b) sale-leaseback transactions and other dispositions of assets that do not have a materially adverse effect on the business, assets or financial condition of the Borrower or any of its Subsidiaries, provided PROVIDED that (i) the aggregate net book value of the assets to be sold plus PLUS the net book value of all other assets of the Borrower and its Subsidiaries sold under this clause (b) during the period of time from the Effective Closing Date through the date of such sale does not, at the time of such sale, exceed twenty-five percent (25%) % of the Consolidated Total Assets of the Borrower and its Subsidiaries and (ii) such assets are sold in an arm’s 's length transaction for fair market value (after giving effect to all tax benefits, if any, associated with such sale); and (c) the sale of accounts receivable of the Borrower and/or its Subsidiaries pursuant to the transactions permitted under §6.1(q) hereofSecuritization.