Prohibition on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including receivables and leasehold interests), whether now owned or hereafter acquired except:
Prohibition on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including, without limitation, tax benefits, receivables and leasehold interests), whether now owned or hereafter acquired except:
Prohibition on Sale of Assets. Sell, lease, assign, transfer or otherwise dispose of any of its assets, excluding (i) obsolete or worn out property and (ii) inventory disposed of in the ordinary course of business.
Prohibition on Sale of Assets. The Issuer will not, and will not, permit the Guarantors to, sell or otherwise dispose of any assets other than (i) transfers of assets among the Issuer and the Guarantors; (ii) sales and dispositions in the ordinary course of business not in excess of $20,000,000 in the aggregate for the Issuer and the Guarantors in any fiscal year; (iii) any sales or dispositions of surplus, obsolete or worn-out equipment; (iv) any sales or dispositions required for compliance with applicable Law or necessary Governmental Approvals; (v) sales or dispositions of non-controlling ownership interests in Guarantors in accordance with Section 6.10(b) so long as the guarantee set forth herein with regard to such Guarantor stays in effect; (vi) sales or dispositions of ownership interests in Unrestricted Subsidiaries; (vii) any sales or dispositions of assets permitted under Section 6.14 or 7.11; and (viii) any other sale or other disposition so long as after giving effect to such events, the Rating Agencies shall have confirmed their respective ratings of the Bonds in effect immediately prior to such sale or other disposition.
Prohibition on Sale of Assets. Sell, lease, assign, transfer or otherwise dispose of any of the Project property or assets whether now owned or acquired in the future, except (a) obsolete or worn out property or equipment no longer necessary in the ordinary course of the Project's business, or (b) property disposed of in the ordinary course of the Project's business for adequate consideration.
Prohibition on Sale of Assets. Each Guarantor agrees not to sell or otherwise dispose of any assets other than (i) transfers of assets between the Issuer and such Guarantor; (ii) sales and dispositions in the ordinary course of business not in excess of $20,000,000 in the aggregate for such Guarantor, any other Guarantor and the Issuer in any fiscal year; (iii) any sales or dispositions of surplus, obsolete or worn-out equipment; (iv) any sales or dispositions required for compliance with applicable Law or necessary Governmental Approvals; (v) any sales or dispositions of assets permitted under Section 6.14 or 7.6; or (vi) any other sale or other disposition so long as after giving effect to such events, the Rating Agencies shall have confirmed their respective ratings of the Bonds in effect immediately prior to such sale or other disposition.
Prohibition on Sale of Assets. The Borrower shall not, and shall not permit any Subsidiary to, except as permitted or contemplated under this Agreement or any other Loan Document, sell, lease, assign, transfer or otherwise dispose of any of its assets, including any disposition of its capital stock (except for issuances of shares if its capital stock required under the acquisition agreements listed in Schedule 5.16 to the Disclosure Letter), whether now owned or hereafter acquired, except for dispositions of assets in the ordinary course of business consistent with past practice that, taken together, do not constitute any material portion of the assets of the Borrower and its Subsidiaries.
Prohibition on Sale of Assets. Convey, sell, lease (other than a sublease of real property), assign, transfer or otherwise dispose of (including through a transaction of merger or consolidation of any Subsidiary) any of its property, business or assets (including, without limitation, accounts receivable but excluding leasehold interests), whether now owned or hereafter acquired, except: (a) sales or other dispositions of inventory (including Rental Items) in the ordinary course of business; (b) that Borrower or any Subsidiary of Borrower may sell, lease, transfer, or otherwise dispose of any or all of its assets (upon voluntary liquidation or otherwise) to Borrower or a Qualified Subsidiary (or, in the case of any Foreign Subsidiary of Borrower, to Borrower or any Restricted Subsidiary of Borrower), and Borrower or any Subsidiary of Borrower may sell or otherwise dispose of, or part with control of any or all of, the Capital Stock of any Subsidiary to Borrower or a Qualified Subsidiary (or, if the Capital Stock of a Foreign Subsidiary, to Borrower or any Restricted Subsidiary of Bor- rower); provided that (i) Borrower shall not, directly or indirectly, transfer any substantial part of its assets pursuant to this para- graph and (ii) all actions necessary or reasonably requested by the Administrative Agent shall be taken by the appropriate Credit Parties to maintain the perfection or perfect, as the case may be, protect and preserve the Liens on the Collateral granted to the Administra- tive Agent pursuant to the Security Documents; (c) leases of Fee Properties and other real property owned in fee and subleases of Leased Property; provided that in the case of any lease of Mortgaged Property, such lease shall be subject to the provisions of the applicable Mortgage; (d) any Taking or Destruction affecting any property or assets subject, however, to the proviso set forth in clause (b) of the defi- nition of Net Proceeds and provided that the cash proceeds thereof shall be deposited in the Collateral Account so long as any Default or Event of Default is in existence; (e) substantially like-kind exchanges of real property or equipment; provided that only any cash in excess of $1,000,000 re- ceived by Borrower or any Subsidiary of Borrower in connection with such an exchange (net of all costs and expenses incurred in connec- tion with such transaction or with the commencement of operation of real property or equipment received in such exchange and net of any other amounts described in clauses ...
Prohibition on Sale of Assets. None of the Company or any of its Subsidiaries shall convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including, without limitation, tax benefits, receivables and leasehold interests), whether now owned or hereafter acquired except:
Prohibition on Sale of Assets. Each Guarantor agrees not to sell or otherwise dispose of any assets other than (i) transfers of assets between the Borrower and such Guarantor; (ii) sales and dispositions in the ordinary course of business not in excess of $15,000,000 in the aggregate for such Guarantor, any other Guarantor and the Borrower in any fiscal year; (iii) any sales or dispositions of surplus, obsolete or worn-out equipment; (iv) any sales or dispositions required for compliance with applicable law or necessary Governmental Approvals; (v) any sales or dispositions of Assets Specifically Held for Resale or any sales or dispositions of assets permitted under Section 6.14 or 7.11; or (vi) any other sale or other disposition so long as (A) after giving effect to such events, the Rating Agencies shall have confirmed their respective ratings of the Bonds in effect immediately prior to such sale or other disposition and (B) such sale or disposition shall not exceed 10% of net tangible assets of the Borrower and the Guarantors, taken as a whole.
