Common use of No Dispositions Clause in Contracts

No Dispositions. Company shall not sell, lease, license, transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of Company.

Appears in 3 contracts

Samples: 1 Stock Purchase Agreement (Astea International Inc), Stock Purchase Agreement (Flow International Corp), Asset Purchase Agreement (Flow International Corp)

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No Dispositions. The Company shall not sell, lease, license, transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which that are not material, individually or in the aggregate, material to the Business Condition of the Company.

Appears in 3 contracts

Samples: Combination Agreement (Itron Inc /Wa/), Agreement and Plan of Merger (Itron Inc /Wa/), Agreement and Plan of Merger (Itron Inc /Wa/)

No Dispositions. Company shall not sell, lease, license, --------------- transfer, mortgage, encumber, encumber or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of Companyconsistent with prior practice.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Expedia Inc), The Agreement and Plan of Reorganization (Expedia Inc), Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc)

No Dispositions. Company shall not sell, lease, license, transfer, mortgage, encumber, encumber or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of Companyconsistent with prior practice.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc), Share Purchase Agreement (Primus Knowledge Solutions Inc)

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No Dispositions. The Company shall not sell, lease, license, transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of the Company; provided, however, that the Company shall be entitled to bonus out two (2) automobiles currently owned by the Company and used by two (2) of the Company's employees to such employees.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aurora Foods Inc)

No Dispositions. The Company shall not sell, lease, license, --------------- transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which that are not material, individually or in the aggregate, material to the Business Condition of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Itron Inc /Wa/)

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