Common use of No Disposition of Assets Clause in Contracts

No Disposition of Assets. Except for Assets depleted and replaced in the ordinary course, Seller shall not sell, lease or otherwise dispose of or distribute any of the Assets or properties related thereto or necessary for the operation of the Facilities and the Business and, to the extent depleted or replaced in the ordinary course, Seller shall restock and replenish any portion of the Assets consumed or used between the Date of Execution and the Closing Date with Assets of comparable quality.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Griffin-American Healthcare REIT III, Inc.), Asset Purchase Agreement (Griffin-American Healthcare REIT III, Inc.)

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No Disposition of Assets. Except for Inventory consumed in the ordinary course or Assets depleted and replaced in the ordinary course, Seller shall not sell, lease or otherwise dispose of or distribute any of the Assets or properties related thereto or necessary for the operation of the Facilities and the Business and, to the extent depleted or replaced in the ordinary course, Seller shall restock and replenish any portion of the Assets consumed or used between during the Date term of Execution and the Closing Date this Agreement with Assets of comparable quality.quality in accordance with Seller's prior practices. 4.8

Appears in 1 contract

Samples: Asset Purchase Agreement

No Disposition of Assets. Except for Inventory consumed in the ordinary course or Assets depleted and replaced in the ordinary course, Seller shall not sell, lease or otherwise dispose of or distribute any of the Assets or properties related thereto or necessary for the operation of the Facilities and the Business and, to the extent depleted or replaced in the ordinary course, Seller shall restock and replenish any portion of the Assets consumed or used between during the Date term of Execution and the Closing Date this Agreement with Assets of comparable qualityquality in accordance with Seller's prior practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Brookdale Senior Living Inc.)

No Disposition of Assets. Except for Assets depleted and replaced in the ordinary course, Seller shall not sell, lease or otherwise dispose of or distribute any of the Assets or properties related thereto or necessary for the operation of the Facilities and the Business Facility and, to the extent depleted or replaced in the ordinary course, Seller shall restock and replenish any portion of the Assets consumed or used between the Effective Date of Execution and the Closing Date with Assets of comparable quality.

Appears in 1 contract

Samples: Asset Purchase Agreement (Global Medical REIT Inc.)

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No Disposition of Assets. Except for Assets depleted and replaced in the ordinary course, Seller shall not sell, lease or otherwise dispose of or distribute any of the Assets or properties related thereto or necessary for the operation of the Facilities Facility and the Business and, to the extent depleted or replaced in the ordinary course, Seller shall restock and replenish any portion of the Assets consumed or used between the Date of Execution and the Closing Date with Assets of comparable quality.

Appears in 1 contract

Samples: Asset Purchase Agreement (Griffin-American Healthcare REIT III, Inc.)

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