Common use of Liquidation; Disposition or Acquisition of Assets Clause in Contracts

Liquidation; Disposition or Acquisition of Assets. (a) The Borrower shall not, and shall not permit any of the Guarantors to, at any time, (i) liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or (ii) sell, lease, abandon, transfer, exchange or otherwise dispose of any assets (not constituting capital stock, partnership interests or other equity interests) or business in excess of $5,000,000 in the aggregate during the term of this Agreement, or (iii) enter into any merger or consolidation, except, in each case, for (x) sales, dispositions, mergers, consolidations or exchanges by any Guarantor of its businesses, assets or rights to or with another RMG Company, (y) sales or dispositions in the ordinary course of business by any of the RMG Companies of obsolete or worn-out property or other property reasonably determined by the management of the disposing Company to be not used or useful in its business, and (z) Investments in any of the MGM Companies permitted by Section 8.2(d).

Liquidation; Disposition or Acquisition of Assets. (a) The Borrower shall notNeither of the Borrowers shall, and shall not nor permit any of the Guarantors to, at any time, (i) liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or (ii) sell, lease, abandon, transfer, exchange or otherwise dispose of any assets (not constituting including, without limitation, any capital stock, partnership interests or other equity interests) or business in excess of $5,000,000 in the aggregate during the term of this Agreement, or (iii) enter into any merger or consolidation, except, in each case, for (x) sales, dispositions, mergers, consolidations or exchanges by any Guarantor of its businesses, assets or rights to or with another RMG Company, any other Borrower Party and (y) sales or dispositions in the ordinary course of business by any of the RMG Companies Borrower Parties of obsolete or worn-out property or other property reasonably determined by the management of the disposing Company to be not used or useful in its business, and (z) Investments in any of the MGM Companies permitted by Section 8.2(d).

Liquidation; Disposition or Acquisition of Assets. (a) The Borrower shall not, and shall not permit any of the Guarantors to, at any time, (i) liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or (ii) sell, lease, abandon, transfer, exchange or otherwise dispose of any assets (not constituting capital stock, partnership interests or other equity interests) or business in excess of $5,000,000 10,000,000 in the aggregate during the term of this Agreement, or (iii) enter into any merger or consolidation, except, in each case, for (x) sales, dispositions, mergers, consolidations or exchanges by any Guarantor of its businesses, assets or rights to or with another RMG CompanyBorrower Party, and (y) sales or dispositions in the ordinary course of business by any of the RMG Companies Borrower Parties of obsolete or worn-out property or other property reasonably determined by the management of the disposing Company to be not used or useful in its business, and (z) Investments in any of the MGM Companies permitted by Section 8.2(d).

Liquidation; Disposition or Acquisition of Assets. (a) The Borrower shall notNone of the Borrowers shall, and the Borrowers shall not permit any of the Guarantors to, at any time, (i) liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or (ii) sell, lease, abandon, transfer, exchange or otherwise dispose of any assets (not constituting including, without limitation, any capital stock, partnership interests or other equity interests) or business in excess of $5,000,000 in the aggregate during the term of this Agreement, or (iii) enter into any merger or consolidation, except, in each case, for (x) sales, dispositions, mergers, consolidations or exchanges by any Guarantor of its businesses, assets or rights to or with another RMG Company, any other Borrower Party and (y) sales or dispositions in the ordinary course of business by any of the RMG Companies Borrower Parties of obsolete or worn-out property or other property reasonably determined by the management of the disposing Company to be not used or useful in its business, and (z) Investments in any of the MGM Companies permitted by Section 8.2(d).

Liquidation; Disposition or Acquisition of Assets. (a) The Borrower shall not, and shall not permit any of the Guarantors to, at any time, (i) liquidate or dissolve itself (or suffer any liquidation or dissolution) or otherwise wind up, or (ii) sell, lease, abandon, transfer, exchange or otherwise dispose of any assets (not constituting capital stock, partnership interests or other equity interests) or business in excess of $5,000,000 in the aggregate during the term of this Agreement, or (iii) enter into any merger or consolidation, except, in each case, for (x) sales, dispositions, mergers, consolidations or exchanges by any Guarantor of its businesses, assets or rights to or with another RMG Rainbow Company, (y) sales or dispositions in the ordinary course of business by any of the RMG Rainbow Companies of obsolete or worn-out property or other property reasonably determined by the management of the disposing Company to be not used or useful in its business, and (z) Investments in any of the MGM Companies permitted by Section 8.2(d).