Common use of No Dispositions Clause in Contracts

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Winsloew Furniture Inc), Agreement and Plan of Merger (Tyco International LTD), Agreement and Plan of Merger (Winsloew Furniture Inc)

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No Dispositions. Other The Company and its subsidiaries shall not sell, lease, license, or otherwise encumber or subject to any Lien or otherwise dispose of any of the properties or assets of the Retained Business, other than dispositions in the ordinary course of business consistent with past practice, practice or pursuant to existing contractual obligations set forth in the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assetsDisclosure Schedule.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Gaylord Entertainment Co), Agreement and Plan of Merger (Westinghouse Electric Corp), Agreement and Plan of Merger (Westinghouse Electric Corp)

No Dispositions. Other The Company shall not, nor shall it permit any of its subsidiaries to, sell, lease, or otherwise dispose of, any of its respective assets, other than encumbrances or dispositions in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Disc Graphics Inc /De/), Agreement and Plan of Merger (Keyspan Corp), Agreement and Plan of Merger (Dg Acquisition Corp)

No Dispositions. Other than sales of its products to ---------------- customers and immaterial dispositions of personal property, in each case in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Curtis Helene Industries Inc /De/), Agreement and Plan of Merger (Curtis Helene Industries Inc /De/), Agreement and Plan of Merger (Conopco Acquisition Co Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and nor shall not it permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets, other than encumbrances or dispositions in the ordinary course of its business consistent with past practice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Oneok Inc /New/), Agreement and Plan of Merger (Southwest Gas Corp)

No Dispositions. Other than dispositions sales or licenses of its products to customers in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets, except for the disposition of equipment in the ordinary course of business consistent with past practice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Peak Technologies Group Inc), Kirkwood Acquisition Corp

No Dispositions. Other than dispositions sales or licenses of its products in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Norstan Inc), _________________________________________ Stock Purchase Agreement (Netwolves Corp)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, without the prior written consent of Buyer, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise transfer or dispose of, any of its assets.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tweeter Home Entertainment Group Inc), Agreement and Plan of Merger (Sound Advice Inc)

No Dispositions. Other than dispositions sales or licenses of its products in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (International Business Machines Corp), Agreement and Plan of Merger (Software Artistry Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and it shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assetsmaterial assets other than (i) sales in the ordinary course of business consistent with past practice, (ii) equipment and property no longer used in the operation of the Company's business and (iii) assets related to discontinued operations of the Company or its subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (International Paper Co /New/), Agreement and Plan of Merger (Federal Paper Board Co Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries the Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rgi Holdings Inc), Agreement and Plan of Merger (Legend Properties Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and nor shall not it permit any of its subsidiaries Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its respective assets, other than encumbrances or dispositions in the ordinary course of business consistent with past practice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Valley Resources Inc /Ri/), Agreement and Plan of Merger (Southern Union Co)

No Dispositions. Other than dispositions sales of its products to customers or other dispositions, in any case in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ebv Electronics Inc), Agreement and Plan of Merger (Wyle Electronics)

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No Dispositions. Other than dispositions in the ordinary course Ordinary Course of business Business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Exactech Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, neither the Company shall notnor the Purchaser shall, and the Company shall not permit any of its subsidiaries the Company Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 1 contract

Samples: Securities Purchase Agreement (Medical Exchange Inc.)

No Dispositions. Other than dispositions sales or licenses of its products in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Edmark Corp)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assetsassets other than the sale or disposition of unnecessary, obsolete, or worn-out equipment in the ordinary course of business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Colorado Gaming & Entertainment Co)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber lease or otherwise dispose of, or agree to sell, lease, license, encumber lease or otherwise dispose of, any of its assetsassets other than in the Ordinary Course of Business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Plato Learning Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber lease or otherwise dispose of, or agree to sell, lease, license, encumber lease or otherwise dispose of, any of its assets, other than in the Ordinary Course of Business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Clearone Communications Inc)

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice, the The Company shall not, and shall not permit any Subsidiary of its subsidiaries the Company to, sell, lease, license, encumber license or otherwise dispose of, or agree to sell, lease, license, encumber license or otherwise dispose of, any of its assets, except in the ordinary course of business consistent with past practice.

Appears in 1 contract

Samples: 8 6 Agreement and Plan of Merger (Bt Office Products International Inc)

No Dispositions. Other than dispositions sales or ---------------- licenses of its products to customers in the ordinary course of business consistent with past practice, the Company shall not, and shall not permit any of its subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of its assets, except for the disposition of equipment in the ordinary course of business consistent with past practice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (International Business Machines Corp)

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