Common use of No Agreements to Sell Assets Clause in Contracts

No Agreements to Sell Assets. Neither Borrower nor any of its Subsidiaries has any legal obligation, absolute or contingent, to any Person to sell all or a substantial portion of the assets of Borrower or its Subsidiaries (other than sales in the ordinary course of business), or to effect any merger, consolidation or other reorganization of Borrower or any of its Subsidiaries or to enter into any agreement with respect thereto.

Appears in 4 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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No Agreements to Sell Assets. Neither Borrower nor any of its Borrower's Subsidiaries has any legal obligation, absolute or contingent, to any Person to sell all or a substantial portion of the assets of Borrower or its Borrower's Subsidiaries (other than sales in the ordinary course of businesspermitted by this Agreement), or to effect any merger, consolidation or other reorganization of Borrower or any of its Borrower's Subsidiaries or to enter into any agreement with respect theretothereto (other than any merger, consolidation or reorganization permitted by this Agreement).

Appears in 2 contracts

Samples: Credit Agreement (BMC West Corp), Credit Agreement (Building Materials Holding Corp)

No Agreements to Sell Assets. Neither None of Borrower nor any of its or Borrower's Subsidiaries has any legal obligation, absolute or contingent, to any Person to sell all or a substantial material portion of the assets of Borrower or its Borrower's Subsidiaries (other than sales in the ordinary course of business), or to effect any merger, consolidation or other reorganization of Borrower or any of its Subsidiaries or to enter into any agreement with respect thereto, except those transactions contemplated with Lender.

Appears in 2 contracts

Samples: Loan Agreement (Sirenza Microdevices Inc), Loan Agreement (Vari L Co Inc)

No Agreements to Sell Assets. Neither Borrower nor any of its ---------------------------- Subsidiaries has any legal obligation, absolute or contingent, to any Person to sell all or a substantial portion of the assets of Borrower or any of its Subsidiaries (other than sales in the ordinary course of business), or to effect any merger, consolidation or other reorganization of Borrower or any of its Subsidiaries or to enter into any agreement with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

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No Agreements to Sell Assets. Neither Borrower nor any of ---------------------------- its Subsidiaries has any legal obligation, absolute or contingent, to any Person to sell all or a substantial portion of the assets of Borrower or any of its Subsidiaries (other than sales in the ordinary course of business), or to effect any merger, consolidation or other reorganization of Borrower or any of its Subsidiaries or to enter into any agreement with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

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