Common use of Material Asset Sales Clause in Contracts

Material Asset Sales. Prompt notice of the sale, transfer or other disposition of any assets having a book value or fair market value in excess of $100,000,000 in the aggregate of the Borrower, any Subsidiary or any other Loan Party to any Person other than the Borrower, any Subsidiary or any other Loan Party;

Appears in 3 contracts

Sources: Credit Agreement (NNN Reit, Inc.), Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.)

Material Asset Sales. Prompt notice of the sale, transfer or other disposition of any assets having a book value or fair market value Fair Market Value in excess of $100,000,000 in the aggregate of the Borrower, any Subsidiary or any other Loan Party to any Person other than the Borrower, any Subsidiary or any other Loan Party;

Appears in 1 contract

Sources: Term Loan Agreement (NNN Reit, Inc.)