Merger or Sale of Assets. Merge or consolidate with or into any other Person, dissolve or sell, lease or otherwise dispose of any of its assets (or enter into an agreement to do any of the foregoing), or permit any of its Subsidiaries to do any of the foregoing, except for: (i) sale of inventory in the ordinary course of business; and (ii) other dispositions of obsolete, under-utilized or idle assets in the ordinary course of business or with the prior written consent of the Agent.
Appears in 2 contracts
Samples: Reimbursement and Security Agreement (Multi Color Corp), Credit Agreement (Multi Color Corp)
Merger or Sale of Assets. Merge or consolidate with or into any other Person, dissolve or sell, lease or otherwise dispose of any of its assets (or enter into an agreement to do any of the foregoing), or permit any of its Subsidiaries to do any of the foregoing, except for: (i) sale of inventory Inventory in the ordinary course of business; and (ii) other dispositions of obsolete, under-utilized or idle assets in the ordinary course of business or equipment with the prior written consent of the Agent.
Appears in 2 contracts
Samples: Security Agreement (Multi Color Corp), Security Agreement (Multi Color Corp)
Merger or Sale of Assets. Merge or consolidate with or into any other Person, dissolve or sell, lease or otherwise dispose of any of its assets (or enter into an agreement to do any of the foregoing), or permit any of its Subsidiaries to do any of the foregoing, except for: (i) sale of inventory Inventory in the ordinary course of business; and (ii) other dispositions of obsolete, under-utilized or idle assets in the ordinary course of business as permitted by Section 9.25 hereof or with the prior written consent of the Agent.
Appears in 1 contract
Samples: Credit, Reimbursement and Security Agreement (Multi Color Corp)
