Common use of No Dispositions Clause in Contracts

No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of the Assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice. (d)

Appears in 3 contracts

Samples: Investment Agreement (Us Office Products Co), Investment Agreement (Us Office Products Co), Annex B Investment Agreement (Us Office Products Co)

AutoNDA by SimpleDocs

No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of the Assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice. (d).

Appears in 2 contracts

Samples: Investment Agreement (Cd&r Investment Associates Ii Inc), Investment Agreement (Us Office Products Co)

No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose ofof (other than to the Company or to another Retained Subsidiary), any of the Assets assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice. (dh)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Valero Refining & Marketing Co)

No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of the Assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice. (d)or pursuant to existing contractual obligations for the sale or other disposition of obsolete equipment.

Appears in 1 contract

Samples: Investment Agreement (Itt Corp /Nv/)

AutoNDA by SimpleDocs

No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose ofof (other than to the Company or to another Retained Subsidiary), any of the Assets assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice. (d).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Valero Energy Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.